Ramon Barrios
๐ค SpeakerAppearances Over Time
Podcast Appearances
So our average lifetime value right now is around the $2,000 range so far.
Per month, it really depends.
Some stay active monthly, some don't.
So I would say about $1,000.
Right now, we are about to hit 200 brands in the marketplace.
All of them are paying, but some of them pay every month.
Some of them just say, hey, we're going to take a break for three months.
We'll see you later.
And they can come back.
So you can look at it as like a vetted Upwork where they just activate a creator whenever they need it.
Yes.
For sure.
So, you know, when we looked at this space, we saw that every company in this space was investing in a sales team and we couldn't compete with that.
So we instead invested in the product.
So we got rid of the sales team.
We invest 100% of the products into the product.
So customer success, campaign templates, examples of other brands.
And then we have incentives for discounts based on how many credits you purchase a bulk that incentivizes the brands to get an account manager and get 10, 20 percent discount per credit if they purchase a bulk.
Yeah, so a credit will get you, so all credits are standardized, they're $100.
And that gets you, you know, a post from the micro influencer on their social, but you also get the video or the image with licensing and distribution rights.