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Pablo Fuentes

๐Ÿ‘ค Speaker
207 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
EP 426: 1500 Customers and Profitable, $5.5M Raised with Pablo Fuentes of Proven.com

We make money every time a small business posts a job.

SaaS Interviews with CEOs, Startups, Founders
EP 426: 1500 Customers and Profitable, $5.5M Raised with Pablo Fuentes of Proven.com

It's a menu type option where they choose where they post and the jobs can be, you know, vary in price.

SaaS Interviews with CEOs, Startups, Founders
EP 426: 1500 Customers and Profitable, $5.5M Raised with Pablo Fuentes of Proven.com

And then we have partnerships with different third party job providers and then job boards and we make money that way.

SaaS Interviews with CEOs, Startups, Founders
EP 426: 1500 Customers and Profitable, $5.5M Raised with Pablo Fuentes of Proven.com

Uh, we've had in terms of, it depends on how you break that down, but we have, uh, over 1500, uh, locations that are posted in the last couple of years.

SaaS Interviews with CEOs, Startups, Founders
EP 426: 1500 Customers and Profitable, $5.5M Raised with Pablo Fuentes of Proven.com

Um, okay.

SaaS Interviews with CEOs, Startups, Founders
EP 426: 1500 Customers and Profitable, $5.5M Raised with Pablo Fuentes of Proven.com

It's over, it's over 1100, uh, individual companies, but it's a 1500 location to some, some companies have more than one location.

SaaS Interviews with CEOs, Startups, Founders
EP 426: 1500 Customers and Profitable, $5.5M Raised with Pablo Fuentes of Proven.com

It really depends.

SaaS Interviews with CEOs, Startups, Founders
EP 426: 1500 Customers and Profitable, $5.5M Raised with Pablo Fuentes of Proven.com

They can spend, you know, a couple hundred bucks a month.

SaaS Interviews with CEOs, Startups, Founders
EP 426: 1500 Customers and Profitable, $5.5M Raised with Pablo Fuentes of Proven.com

If you, I'm sorry, help me understand.

SaaS Interviews with CEOs, Startups, Founders
EP 426: 1500 Customers and Profitable, $5.5M Raised with Pablo Fuentes of Proven.com

Okay, well, the way we think about it is more in terms of the lifetime value of a customer.

SaaS Interviews with CEOs, Startups, Founders
EP 426: 1500 Customers and Profitable, $5.5M Raised with Pablo Fuentes of Proven.com

Okay, let me walk you through how we think about it and then we can get there.

SaaS Interviews with CEOs, Startups, Founders
EP 426: 1500 Customers and Profitable, $5.5M Raised with Pablo Fuentes of Proven.com

So our average customer pays us about $350 or $400 a year.

SaaS Interviews with CEOs, Startups, Founders
EP 426: 1500 Customers and Profitable, $5.5M Raised with Pablo Fuentes of Proven.com

And then the average customers in the system for about two years.

SaaS Interviews with CEOs, Startups, Founders
EP 426: 1500 Customers and Profitable, $5.5M Raised with Pablo Fuentes of Proven.com

Well, we don't look at it that way because we do all pay-as-you-go.

SaaS Interviews with CEOs, Startups, Founders
EP 426: 1500 Customers and Profitable, $5.5M Raised with Pablo Fuentes of Proven.com

We went away from subscription model because we found that we basically look at re-engagement over time.

SaaS Interviews with CEOs, Startups, Founders
EP 426: 1500 Customers and Profitable, $5.5M Raised with Pablo Fuentes of Proven.com

So when a customer signs up, they don't pay us a subscription.

SaaS Interviews with CEOs, Startups, Founders
EP 426: 1500 Customers and Profitable, $5.5M Raised with Pablo Fuentes of Proven.com

They're able to use the system on a pay-as-you-go basis.

SaaS Interviews with CEOs, Startups, Founders
EP 426: 1500 Customers and Profitable, $5.5M Raised with Pablo Fuentes of Proven.com

So we have the average lifetime value of a customer.

SaaS Interviews with CEOs, Startups, Founders
EP 426: 1500 Customers and Profitable, $5.5M Raised with Pablo Fuentes of Proven.com

We're not a subscription business.

SaaS Interviews with CEOs, Startups, Founders
EP 426: 1500 Customers and Profitable, $5.5M Raised with Pablo Fuentes of Proven.com

There's a lot of different products in the market.