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Neil Patel

๐Ÿ‘ค Speaker
1896 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
EP 416: 4000 New SaaS Customers From Youtube On $100K Spend with Neil Patel of CrazyEgg

If you're not using it, we don't want to charge you because that means we felt that we've done something wrong.

SaaS Interviews with CEOs, Startups, Founders
EP 416: 4000 New SaaS Customers From Youtube On $100K Spend with Neil Patel of CrazyEgg

And we do email notifications, et cetera, like when you get charged.

SaaS Interviews with CEOs, Startups, Founders
EP 416: 4000 New SaaS Customers From Youtube On $100K Spend with Neil Patel of CrazyEgg

All right.

SaaS Interviews with CEOs, Startups, Founders
EP 416: 4000 New SaaS Customers From Youtube On $100K Spend with Neil Patel of CrazyEgg

Let's go back to them.

SaaS Interviews with CEOs, Startups, Founders
EP 416: 4000 New SaaS Customers From Youtube On $100K Spend with Neil Patel of CrazyEgg

We've learned is we tested things like sending out an email and having them just click a button and automatically starting tests for them doesn't work well because they're not running it on their own.

SaaS Interviews with CEOs, Startups, Founders
EP 416: 4000 New SaaS Customers From Youtube On $100K Spend with Neil Patel of CrazyEgg

We have to get the user to understand the value of running tests, and they have to run it.

SaaS Interviews with CEOs, Startups, Founders
EP 416: 4000 New SaaS Customers From Youtube On $100K Spend with Neil Patel of CrazyEgg

Having them click buttons and running them automatically for them, yeah, it helps a bit, but it doesn't create enough value.

SaaS Interviews with CEOs, Startups, Founders
EP 416: 4000 New SaaS Customers From Youtube On $100K Spend with Neil Patel of CrazyEgg

Because if you make it frictionless, it may not do anything to improve upon their site or use the data for anything.

SaaS Interviews with CEOs, Startups, Founders
EP 416: 4000 New SaaS Customers From Youtube On $100K Spend with Neil Patel of CrazyEgg

Crazy Egg was launched in, I don't even know, maybe 2007.

SaaS Interviews with CEOs, Startups, Founders
EP 416: 4000 New SaaS Customers From Youtube On $100K Spend with Neil Patel of CrazyEgg

Yeah, I don't even think we're hitting like $10,000 a month or 20 or 30 or something really small.

SaaS Interviews with CEOs, Startups, Founders
EP 416: 4000 New SaaS Customers From Youtube On $100K Spend with Neil Patel of CrazyEgg

We don't release our numbers, but I'll give you a range.

SaaS Interviews with CEOs, Startups, Founders
EP 416: 4000 New SaaS Customers From Youtube On $100K Spend with Neil Patel of CrazyEgg

We were greater than a million bucks, less than a billion.

SaaS Interviews with CEOs, Startups, Founders
EP 416: 4000 New SaaS Customers From Youtube On $100K Spend with Neil Patel of CrazyEgg

I do not know our churn numbers off the top of my head.

SaaS Interviews with CEOs, Startups, Founders
EP 416: 4000 New SaaS Customers From Youtube On $100K Spend with Neil Patel of CrazyEgg

I have to look into the back end.

SaaS Interviews with CEOs, Startups, Founders
EP 416: 4000 New SaaS Customers From Youtube On $100K Spend with Neil Patel of CrazyEgg

I don't have the numbers on, but we have a team who just specialize in reducing our churn.

SaaS Interviews with CEOs, Startups, Founders
EP 416: 4000 New SaaS Customers From Youtube On $100K Spend with Neil Patel of CrazyEgg

We don't evaluate churn like most companies do.

SaaS Interviews with CEOs, Startups, Founders
EP 416: 4000 New SaaS Customers From Youtube On $100K Spend with Neil Patel of CrazyEgg

Most of them just look at, here's our total annual churn or monthly churn.

SaaS Interviews with CEOs, Startups, Founders
EP 416: 4000 New SaaS Customers From Youtube On $100K Spend with Neil Patel of CrazyEgg

We look at it per channel.

SaaS Interviews with CEOs, Startups, Founders
EP 416: 4000 New SaaS Customers From Youtube On $100K Spend with Neil Patel of CrazyEgg

Sure, so with YouTube advertising, our churn, I know that number a lot because we spend like over 100 grand a month on YouTube ads.

SaaS Interviews with CEOs, Startups, Founders
EP 416: 4000 New SaaS Customers From Youtube On $100K Spend with Neil Patel of CrazyEgg

With YouTube advertising, our churn is close to like 31, 32%, which is high.