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Michael Cheng

๐Ÿ‘ค Speaker
120 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
EP 482: Snip.ly $50k MRR, 1000 Customers For Lead Gen on Social Media Sharing with CEO Michael Cheng

It's a custom request form.

SaaS Interviews with CEOs, Startups, Founders
EP 482: Snip.ly $50k MRR, 1000 Customers For Lead Gen on Social Media Sharing with CEO Michael Cheng

It becomes a negotiation at that point.

SaaS Interviews with CEOs, Startups, Founders
EP 482: Snip.ly $50k MRR, 1000 Customers For Lead Gen on Social Media Sharing with CEO Michael Cheng

Yeah, I definitely know what you mean.

SaaS Interviews with CEOs, Startups, Founders
EP 482: Snip.ly $50k MRR, 1000 Customers For Lead Gen on Social Media Sharing with CEO Michael Cheng

That's more of the psychological aspect.

SaaS Interviews with CEOs, Startups, Founders
EP 482: Snip.ly $50k MRR, 1000 Customers For Lead Gen on Social Media Sharing with CEO Michael Cheng

It's hard to measure that if somebody actually came at that thought and left.

SaaS Interviews with CEOs, Startups, Founders
EP 482: Snip.ly $50k MRR, 1000 Customers For Lead Gen on Social Media Sharing with CEO Michael Cheng

But what we usually do find is that because we have a dedicated page for the enterprise plan.

SaaS Interviews with CEOs, Startups, Founders
EP 482: Snip.ly $50k MRR, 1000 Customers For Lead Gen on Social Media Sharing with CEO Michael Cheng

So if you're on the standard pricing page, you'll see.

SaaS Interviews with CEOs, Startups, Founders
EP 482: Snip.ly $50k MRR, 1000 Customers For Lead Gen on Social Media Sharing with CEO Michael Cheng

the smaller plans, which goes up to $150 per month anyway.

SaaS Interviews with CEOs, Startups, Founders
EP 482: Snip.ly $50k MRR, 1000 Customers For Lead Gen on Social Media Sharing with CEO Michael Cheng

So an enterprise customer coming to this page is going to say, oh, this only goes up to $150 a month.

SaaS Interviews with CEOs, Startups, Founders
EP 482: Snip.ly $50k MRR, 1000 Customers For Lead Gen on Social Media Sharing with CEO Michael Cheng

This may be a small tool, but then in the enterprise plans, you'll see that the standard plans are laid out $300 to $2,000 a month.

SaaS Interviews with CEOs, Startups, Founders
EP 482: Snip.ly $50k MRR, 1000 Customers For Lead Gen on Social Media Sharing with CEO Michael Cheng

And so in that sense, the custom plan is

SaaS Interviews with CEOs, Startups, Founders
EP 482: Snip.ly $50k MRR, 1000 Customers For Lead Gen on Social Media Sharing with CEO Michael Cheng

is expected to kind of leverage the standard plans as the guideline for how to make a reasonable request.

SaaS Interviews with CEOs, Startups, Founders
EP 482: Snip.ly $50k MRR, 1000 Customers For Lead Gen on Social Media Sharing with CEO Michael Cheng

So that's at least the thinking behind it.

SaaS Interviews with CEOs, Startups, Founders
EP 482: Snip.ly $50k MRR, 1000 Customers For Lead Gen on Social Media Sharing with CEO Michael Cheng

I don't think I have any way of proving whether they have that thought and leave and never end up contacting us.

SaaS Interviews with CEOs, Startups, Founders
EP 482: Snip.ly $50k MRR, 1000 Customers For Lead Gen on Social Media Sharing with CEO Michael Cheng

So right now we are hitting about 130,000 registered users.

SaaS Interviews with CEOs, Startups, Founders
EP 482: Snip.ly $50k MRR, 1000 Customers For Lead Gen on Social Media Sharing with CEO Michael Cheng

And so we're looking at revenue, about 600,000 annual.

SaaS Interviews with CEOs, Startups, Founders
EP 482: Snip.ly $50k MRR, 1000 Customers For Lead Gen on Social Media Sharing with CEO Michael Cheng

So that's about 50,000 a month, US dollars.

SaaS Interviews with CEOs, Startups, Founders
EP 482: Snip.ly $50k MRR, 1000 Customers For Lead Gen on Social Media Sharing with CEO Michael Cheng

And so that's how it works in terms of financials.

SaaS Interviews with CEOs, Startups, Founders
EP 482: Snip.ly $50k MRR, 1000 Customers For Lead Gen on Social Media Sharing with CEO Michael Cheng

It's been more than that.

SaaS Interviews with CEOs, Startups, Founders
EP 482: Snip.ly $50k MRR, 1000 Customers For Lead Gen on Social Media Sharing with CEO Michael Cheng

Monthly paying customers sits at around a thousand.