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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)

I don't know how to do that.

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

I don't want to put my face out there, whatever.

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

This strategy is probably for you.

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

What they did, and so here's the key insight, okay, is that if you want to use ads to scale your SaaS, you can't do it with a low-ticket offer.

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

And when I say low-ticket, I basically mean anything that is below $1,000 per month.

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

If your SaaS is $50 a month, $100 a month, this probably will not work because you will not be able to acquire customers profitably.

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

So you have to have some sort of enterprise plan.

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

And so they have like MailScale Unlimited.

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

Yes, I have tried this.

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

This has been my experience.

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

This is their experience.

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

I've talked to many founders and the problem is you end up spending so much money just to acquire the customers that you go into the red.

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

So if you have a $50 product and maybe it costs you $50 or even $100 or even $300 to acquire a customer, you're losing money from day one and that doesn't even count

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

the cost to develop the software, any other expenses that you have.

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

So you need to have an offer or a price point that is high enough where you can spend money on Meta and you can have basically a positive cost to acquire a customer.

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

Yeah, so what I will say is I have heard of people who do self-liquidating funnels.

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

I've never done it myself, but this is what I hear works.

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

You have a revenue ladder where you maybe have, like you said, a webinar or a lead magnet or maybe it's like a $20 educational product that is kind of like a lower price

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)

Totally.