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Matt Ristel

๐Ÿ‘ค Speaker
259 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
869 SaaS: Almost 1m Employees Paying $4/mo Use This Time Tracking Software

Um, when we originally, uh, built our price, well, we haven't touched our pricing and I think six years, seven years.

SaaS Interviews with CEOs, Startups, Founders
869 SaaS: Almost 1m Employees Paying $4/mo Use This Time Tracking Software

Is this a legacy thing?

SaaS Interviews with CEOs, Startups, Founders
869 SaaS: Almost 1m Employees Paying $4/mo Use This Time Tracking Software

It is.

SaaS Interviews with CEOs, Startups, Founders
869 SaaS: Almost 1m Employees Paying $4/mo Use This Time Tracking Software

We just have never focused on pricing.

SaaS Interviews with CEOs, Startups, Founders
869 SaaS: Almost 1m Employees Paying $4/mo Use This Time Tracking Software

We never made pricing the issue.

SaaS Interviews with CEOs, Startups, Founders
869 SaaS: Almost 1m Employees Paying $4/mo Use This Time Tracking Software

Um, it's, it's a, it's a great price.

SaaS Interviews with CEOs, Startups, Founders
869 SaaS: Almost 1m Employees Paying $4/mo Use This Time Tracking Software

We think we provide probably

SaaS Interviews with CEOs, Startups, Founders
869 SaaS: Almost 1m Employees Paying $4/mo Use This Time Tracking Software

a whole bunch more value than what we bill our customers for.

SaaS Interviews with CEOs, Startups, Founders
869 SaaS: Almost 1m Employees Paying $4/mo Use This Time Tracking Software

And that's a really good deal for our customers and they love it.

SaaS Interviews with CEOs, Startups, Founders
869 SaaS: Almost 1m Employees Paying $4/mo Use This Time Tracking Software

So we really never revisited it in order to try to test a new pricing model.

SaaS Interviews with CEOs, Startups, Founders
869 SaaS: Almost 1m Employees Paying $4/mo Use This Time Tracking Software

So our lifetime value.

SaaS Interviews with CEOs, Startups, Founders
869 SaaS: Almost 1m Employees Paying $4/mo Use This Time Tracking Software

So time tracking is super sticky, very, very sticky.

SaaS Interviews with CEOs, Startups, Founders
869 SaaS: Almost 1m Employees Paying $4/mo Use This Time Tracking Software

You know, you think people think of payroll as this, um, um, really cool.

SaaS Interviews with CEOs, Startups, Founders
869 SaaS: Almost 1m Employees Paying $4/mo Use This Time Tracking Software

Everyone wants to get into payroll product, but what's really interesting is that inside of a small business, take that same, you know, company with only 20 employees, only really two people ever touch payroll.

SaaS Interviews with CEOs, Startups, Founders
869 SaaS: Almost 1m Employees Paying $4/mo Use This Time Tracking Software

The blood sun is terrible.

SaaS Interviews with CEOs, Startups, Founders
869 SaaS: Almost 1m Employees Paying $4/mo Use This Time Tracking Software

That's okay.

SaaS Interviews with CEOs, Startups, Founders
869 SaaS: Almost 1m Employees Paying $4/mo Use This Time Tracking Software

Just shift it.

SaaS Interviews with CEOs, Startups, Founders
869 SaaS: Almost 1m Employees Paying $4/mo Use This Time Tracking Software

You're good.

SaaS Interviews with CEOs, Startups, Founders
869 SaaS: Almost 1m Employees Paying $4/mo Use This Time Tracking Software

There you go.

SaaS Interviews with CEOs, Startups, Founders
869 SaaS: Almost 1m Employees Paying $4/mo Use This Time Tracking Software

The, uh, those two people that touch payroll, the bookkeeper,