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Robin Mellstrand

๐Ÿ‘ค Speaker
155 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
1123 Ecommerce Brands Pay Him $3m To Increase Average Cart Value 12%+

So I believe, like, so we are just now getting to a scale where we actually can use quantitative data, but until we get quantitative on the actual lifetime value of the customer, I think that's still some years off.

SaaS Interviews with CEOs, Startups, Founders
1123 Ecommerce Brands Pay Him $3m To Increase Average Cart Value 12%+

Exactly.

SaaS Interviews with CEOs, Startups, Founders
1123 Ecommerce Brands Pay Him $3m To Increase Average Cart Value 12%+

So what lifetime value really is, is your ARPU and your share.

SaaS Interviews with CEOs, Startups, Founders
1123 Ecommerce Brands Pay Him $3m To Increase Average Cart Value 12%+

in another way.

SaaS Interviews with CEOs, Startups, Founders
1123 Ecommerce Brands Pay Him $3m To Increase Average Cart Value 12%+

Yeah.

SaaS Interviews with CEOs, Startups, Founders
1123 Ecommerce Brands Pay Him $3m To Increase Average Cart Value 12%+

So we're looking at the MRR, of course, the net, net MRR growth.

SaaS Interviews with CEOs, Startups, Founders
1123 Ecommerce Brands Pay Him $3m To Increase Average Cart Value 12%+

And of course, the CAC PP is one of the most important for us to understand how efficient we are.

SaaS Interviews with CEOs, Startups, Founders
1123 Ecommerce Brands Pay Him $3m To Increase Average Cart Value 12%+

And there's a bunch of those really popular metrics right now, like the SAS magic number, for instance.

SaaS Interviews with CEOs, Startups, Founders
1123 Ecommerce Brands Pay Him $3m To Increase Average Cart Value 12%+

0.9.

SaaS Interviews with CEOs, Startups, Founders
1123 Ecommerce Brands Pay Him $3m To Increase Average Cart Value 12%+

Okay.

SaaS Interviews with CEOs, Startups, Founders
1123 Ecommerce Brands Pay Him $3m To Increase Average Cart Value 12%+

And explain to people what that is.

SaaS Interviews with CEOs, Startups, Founders
1123 Ecommerce Brands Pay Him $3m To Increase Average Cart Value 12%+

So basically you look at how much you invested in sales and marketing the previous quarter and how much your revenue increase was this quarter.

SaaS Interviews with CEOs, Startups, Founders
1123 Ecommerce Brands Pay Him $3m To Increase Average Cart Value 12%+

It's basically a division about that.

SaaS Interviews with CEOs, Startups, Founders
1123 Ecommerce Brands Pay Him $3m To Increase Average Cart Value 12%+

You look at the monthly level at the MRR level.

SaaS Interviews with CEOs, Startups, Founders
1123 Ecommerce Brands Pay Him $3m To Increase Average Cart Value 12%+

Yeah, so there's a times four on the investment, and you also look at your gross revenue.

SaaS Interviews with CEOs, Startups, Founders
1123 Ecommerce Brands Pay Him $3m To Increase Average Cart Value 12%+

Gross revenue increase after you remove your gross cost of delivering the product.

SaaS Interviews with CEOs, Startups, Founders
1123 Ecommerce Brands Pay Him $3m To Increase Average Cart Value 12%+

No, you basically...

SaaS Interviews with CEOs, Startups, Founders
1123 Ecommerce Brands Pay Him $3m To Increase Average Cart Value 12%+

I'm putting you on the spot here so that the audience can learn.

SaaS Interviews with CEOs, Startups, Founders
1123 Ecommerce Brands Pay Him $3m To Increase Average Cart Value 12%+

I'm trying to remember.

SaaS Interviews with CEOs, Startups, Founders
1123 Ecommerce Brands Pay Him $3m To Increase Average Cart Value 12%+

It feels a bit like a test.