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Matteo Franceschetti

๐Ÿ‘ค Speaker
220 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
Will $80M Mattress King Launch Subscription Next?

So what you're saying is the mattress.

SaaS Interviews with CEOs, Startups, Founders
Will $80M Mattress King Launch Subscription Next?

So if you want the full 360 degree solution, yes, that is the entry level.

SaaS Interviews with CEOs, Startups, Founders
Will $80M Mattress King Launch Subscription Next?

But then we sell the cover only.

SaaS Interviews with CEOs, Startups, Founders
Will $80M Mattress King Launch Subscription Next?

So you don't want to change your mattress.

SaaS Interviews with CEOs, Startups, Founders
Will $80M Mattress King Launch Subscription Next?

You just want to buy the technology and make your mattress smarter.

SaaS Interviews with CEOs, Startups, Founders
Will $80M Mattress King Launch Subscription Next?

At that point, we sell the accessory and I think it starts around 1500.

SaaS Interviews with CEOs, Startups, Founders
Will $80M Mattress King Launch Subscription Next?

Yeah, we don't disclose that.

SaaS Interviews with CEOs, Startups, Founders
Will $80M Mattress King Launch Subscription Next?

Obviously, we try to find the balance between what can help us build a solid business because at the end of the day, our customers, they want us here in 10 years and also being fair with our customers.

SaaS Interviews with CEOs, Startups, Founders
Will $80M Mattress King Launch Subscription Next?

Yeah, it's a fair statement.

SaaS Interviews with CEOs, Startups, Founders
Will $80M Mattress King Launch Subscription Next?

Obviously, you know, if you're a customer, you see what is the difference, the challenges are always the CAC, right?

SaaS Interviews with CEOs, Startups, Founders
Will $80M Mattress King Launch Subscription Next?

So you need to account for that.

SaaS Interviews with CEOs, Startups, Founders
Will $80M Mattress King Launch Subscription Next?

Yeah, I mean, just to give you an idea, in the past year, our practice dropped 60%.

SaaS Interviews with CEOs, Startups, Founders
Will $80M Mattress King Launch Subscription Next?

So things are going in the right direction.

SaaS Interviews with CEOs, Startups, Founders
Will $80M Mattress King Launch Subscription Next?

For us, there is a lot of word of mouth.

SaaS Interviews with CEOs, Startups, Founders
Will $80M Mattress King Launch Subscription Next?

So that is a big chunk of our revenue that is helping us to grow in a healthy way.

SaaS Interviews with CEOs, Startups, Founders
Will $80M Mattress King Launch Subscription Next?

And the reason is people are liking the product.

SaaS Interviews with CEOs, Startups, Founders
Will $80M Mattress King Launch Subscription Next?

And so they refer it, they recommend it, and other friends, they buy it.

SaaS Interviews with CEOs, Startups, Founders
Will $80M Mattress King Launch Subscription Next?

In particular, when a product is so expensive, meaning, right, compared to a $200 or a $50, yeah, benchmarking, people want to hear from other people about the product itself before pulling the trigger.

SaaS Interviews with CEOs, Startups, Founders
Will $80M Mattress King Launch Subscription Next?

And so that is where all our focus goes.

SaaS Interviews with CEOs, Startups, Founders
Will $80M Mattress King Launch Subscription Next?

So organic growth is much more important than paid growth for us.