Ravi Srinivasan
๐ค SpeakerAppearances Over Time
Podcast Appearances
It'll come to me.
I'll let you know.
I don't know the name of the site right now.
Yes, we are profitable.
Just above breakeven, actually, we are a bit as respectable.
So it's in the 10 to 15% range.
The revenue churn?
The revenue churn right now is about 5%.
Per month?
Because we do maintain, you know, we do a couple months a year.
We do maintain very significant customers that stay the course.
Usually when we get somebody, we keep them for about five to eight years at least.
Now, we've only been in business for eight years, so there are customers we've got and we've never lost.
Um, first of all, that's about a six to eight month sales cycle.
So it would easily cost us between 10, 10,000 to 12,000 to gain a customer.
But then they come with a big implementation as well.
So we make it up in the very first implementation.
There's a setup fee.
Probably your setup fee is going to be anywhere from 70 to a hundred thousand dollars because it depends on how complex you want it because they have to integrate the point of sale, which integrates not
social media, e-commerce, a lot of integrations to be done, and also setting up and transferring data from the legacy systems.