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Rob Hoffman

๐Ÿ‘ค Speaker
571 total appearances

Appearances Over Time

Podcast Appearances

The Startup Ideas Podcast
10 Unknown SaaS Making $50K+ MRR (Copy Them)

Yeah.

The Startup Ideas Podcast
10 Unknown SaaS Making $50K+ MRR (Copy Them)

So step three is is kind of similar to the waitlist strategy where, again, you need to artificially constrain the supply relative to the demand.

The Startup Ideas Podcast
10 Unknown SaaS Making $50K+ MRR (Copy Them)

So Jackie did the same thing where he capped the early users and that allowed him to raise his prices.

The Startup Ideas Podcast
10 Unknown SaaS Making $50K+ MRR (Copy Them)

He raised them four times.

The Startup Ideas Podcast
10 Unknown SaaS Making $50K+ MRR (Copy Them)

And so that's a really interesting takeaway.

The Startup Ideas Podcast
10 Unknown SaaS Making $50K+ MRR (Copy Them)

Yeah.

The Startup Ideas Podcast
10 Unknown SaaS Making $50K+ MRR (Copy Them)

Step number four.

The Startup Ideas Podcast
10 Unknown SaaS Making $50K+ MRR (Copy Them)

So this one I think is very actionable and we've seen this ourselves.

The Startup Ideas Podcast
10 Unknown SaaS Making $50K+ MRR (Copy Them)

Not a lot of people do this, which is that you test enterprise packages.

The Startup Ideas Podcast
10 Unknown SaaS Making $50K+ MRR (Copy Them)

And the reason this works is because there's often going to be a small number of customers who just have way more money than your other customers.

The Startup Ideas Podcast
10 Unknown SaaS Making $50K+ MRR (Copy Them)

And so when local rank rolled out, I think they're charging, I don't know, like 20, 30 or $40 a month, something like that.

The Startup Ideas Podcast
10 Unknown SaaS Making $50K+ MRR (Copy Them)

And then they tested the scale plan, which was $400.

The Startup Ideas Podcast
10 Unknown SaaS Making $50K+ MRR (Copy Them)

So that's 10 times more, roughly, than their lowest plan.

The Startup Ideas Podcast
10 Unknown SaaS Making $50K+ MRR (Copy Them)

And they have another plan that's $1,600, and that's like 33 times higher than their smallest plan.

The Startup Ideas Podcast
10 Unknown SaaS Making $50K+ MRR (Copy Them)

So the main thing is, is that if you offer one of these big plans, you can get a lot of revenue for a little amount of work.

The Startup Ideas Podcast
10 Unknown SaaS Making $50K+ MRR (Copy Them)

And they forex their revenue from $5K to $20K just by introducing this enterprise plan.

The Startup Ideas Podcast
10 Unknown SaaS Making $50K+ MRR (Copy Them)

And here are where the sales come from.

The Startup Ideas Podcast
10 Unknown SaaS Making $50K+ MRR (Copy Them)

So I just want to focus on this for a second because I think a lot of people, they do want to create content.

The Startup Ideas Podcast
10 Unknown SaaS Making $50K+ MRR (Copy Them)

They don't know what channels to start on.

The Startup Ideas Podcast
10 Unknown SaaS Making $50K+ MRR (Copy Them)

And so here is an example of the channels that are working for this particular product.