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Mike Lapchick

๐Ÿ‘ค Speaker
242 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
1042 "We're selling the company right now" for $10m+

Well, we have a bunch of different ways that we index it.

SaaS Interviews with CEOs, Startups, Founders
1042 "We're selling the company right now" for $10m+

So that's just the one that I brought up because it's easier for me to discuss.

SaaS Interviews with CEOs, Startups, Founders
1042 "We're selling the company right now" for $10m+

It's the one that we watch.

SaaS Interviews with CEOs, Startups, Founders
1042 "We're selling the company right now" for $10m+

There's a reason you do that.

SaaS Interviews with CEOs, Startups, Founders
1042 "We're selling the company right now" for $10m+

It's smaller resolution, right?

SaaS Interviews with CEOs, Startups, Founders
1042 "We're selling the company right now" for $10m+

It's tighter.

SaaS Interviews with CEOs, Startups, Founders
1042 "We're selling the company right now" for $10m+

I can see what's going on on an almost daily basis.

SaaS Interviews with CEOs, Startups, Founders
1042 "We're selling the company right now" for $10m+

Well, so we have 12,000, we have 12,000 companies using the platform.

SaaS Interviews with CEOs, Startups, Founders
1042 "We're selling the company right now" for $10m+

Not all of them are paying, but more than 100 are paying.

SaaS Interviews with CEOs, Startups, Founders
1042 "We're selling the company right now" for $10m+

Okay, got it.

SaaS Interviews with CEOs, Startups, Founders
1042 "We're selling the company right now" for $10m+

So we're a network play.

SaaS Interviews with CEOs, Startups, Founders
1042 "We're selling the company right now" for $10m+

So if you've got Adidas that uploaded a bunch of content,

SaaS Interviews with CEOs, Startups, Founders
1042 "We're selling the company right now" for $10m+

there are two ways that they distribute that content out.

SaaS Interviews with CEOs, Startups, Founders
1042 "We're selling the company right now" for $10m+

One is a push model where they push through what we call switches, which are essentially APIs in the system that parse the data out and go all the way to the retailer.

SaaS Interviews with CEOs, Startups, Founders
1042 "We're selling the company right now" for $10m+

The retailer is involved in that process where they put their specification in ShotForm and all the conversions are done.

SaaS Interviews with CEOs, Startups, Founders
1042 "We're selling the company right now" for $10m+

What we're replicating here is what happens naturally outside of the platform anyway.

SaaS Interviews with CEOs, Startups, Founders
1042 "We're selling the company right now" for $10m+

And then the other model for the retailers that are not quite as important to Adidas is they open up a self-service model where the retailers can log in, upload a list of SKUs, and then download all the information that they need for them.

SaaS Interviews with CEOs, Startups, Founders
1042 "We're selling the company right now" for $10m+

So Adidas would invite all of those retailers onto the platform.

SaaS Interviews with CEOs, Startups, Founders
1042 "We're selling the company right now" for $10m+

When those retailers come onto the platform, we know through our in-platform marketing which other brands they might sell.