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Michael Cooney

๐Ÿ‘ค Speaker
395 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
You won't believe the profits this $10m revenue bootstrapper makes

And then you watch for the data.

SaaS Interviews with CEOs, Startups, Founders
You won't believe the profits this $10m revenue bootstrapper makes

Which keywords get the most impressions?

SaaS Interviews with CEOs, Startups, Founders
You won't believe the profits this $10m revenue bootstrapper makes

Which keywords get the most click-through rate?

SaaS Interviews with CEOs, Startups, Founders
You won't believe the profits this $10m revenue bootstrapper makes

And which keywords get the most conversions?

SaaS Interviews with CEOs, Startups, Founders
You won't believe the profits this $10m revenue bootstrapper makes

That data is so key in determining your messaging, determining what you target, and determining what content you're going to develop for your organic strategy, which comes next.

SaaS Interviews with CEOs, Startups, Founders
You won't believe the profits this $10m revenue bootstrapper makes

So in year one, what you'll notice is we have a 64% impression share.

SaaS Interviews with CEOs, Startups, Founders
You won't believe the profits this $10m revenue bootstrapper makes

And what that means is every time somebody searched the keywords we were targeting, 64% of the time we would be somewhere on the page with our ad.

SaaS Interviews with CEOs, Startups, Founders
You won't believe the profits this $10m revenue bootstrapper makes

And that was 2015.

SaaS Interviews with CEOs, Startups, Founders
You won't believe the profits this $10m revenue bootstrapper makes

Our impression share was great.

SaaS Interviews with CEOs, Startups, Founders
You won't believe the profits this $10m revenue bootstrapper makes

And we actually came at the tail end of the call tracking space.

SaaS Interviews with CEOs, Startups, Founders
You won't believe the profits this $10m revenue bootstrapper makes

Call tracking went through a big disruption in 2011.

SaaS Interviews with CEOs, Startups, Founders
You won't believe the profits this $10m revenue bootstrapper makes

It was a hot trending topic.

SaaS Interviews with CEOs, Startups, Founders
You won't believe the profits this $10m revenue bootstrapper makes

We got in at 2015 fairly late.

SaaS Interviews with CEOs, Startups, Founders
You won't believe the profits this $10m revenue bootstrapper makes

And for the first year, we got great impression share.

SaaS Interviews with CEOs, Startups, Founders
You won't believe the profits this $10m revenue bootstrapper makes

But let's see what happens year two.

SaaS Interviews with CEOs, Startups, Founders
You won't believe the profits this $10m revenue bootstrapper makes

The impression share drops to 28%.

SaaS Interviews with CEOs, Startups, Founders
You won't believe the profits this $10m revenue bootstrapper makes

And this is where we felt the pressure of funding.

SaaS Interviews with CEOs, Startups, Founders
You won't believe the profits this $10m revenue bootstrapper makes

The competitors decided they want to buy market share, and they just jacked up the cost per click for things like call tracking.

SaaS Interviews with CEOs, Startups, Founders
You won't believe the profits this $10m revenue bootstrapper makes

So before, it was $8 for the top spot for call tracking.

SaaS Interviews with CEOs, Startups, Founders
You won't believe the profits this $10m revenue bootstrapper makes

Within a year, and with the funding, that top spot was now $120 per click.