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Seth Lieberman

๐Ÿ‘ค Speaker
283 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
898 SaaS: SnapApp Lands Amazon as Customer, Passes $8m in ARR

You can build them yourself in 30 minutes.

SaaS Interviews with CEOs, Startups, Founders
898 SaaS: SnapApp Lands Amazon as Customer, Passes $8m in ARR

Well, increasingly.

SaaS Interviews with CEOs, Startups, Founders
898 SaaS: SnapApp Lands Amazon as Customer, Passes $8m in ARR

So we've just kicked that off about six to nine months ago.

SaaS Interviews with CEOs, Startups, Founders
898 SaaS: SnapApp Lands Amazon as Customer, Passes $8m in ARR

And what we found in our pitch was, and we had to tweak it a little bit, but the pitch was exactly this, which is you can't have a business selling code anymore to companies.

SaaS Interviews with CEOs, Startups, Founders
898 SaaS: SnapApp Lands Amazon as Customer, Passes $8m in ARR

Nobody wants to pay for custom code, right?

SaaS Interviews with CEOs, Startups, Founders
898 SaaS: SnapApp Lands Amazon as Customer, Passes $8m in ARR

You go to your agency and you say, I want an ROI calculated.

SaaS Interviews with CEOs, Startups, Founders
898 SaaS: SnapApp Lands Amazon as Customer, Passes $8m in ARR

I'm like, awesome.

SaaS Interviews with CEOs, Startups, Founders
898 SaaS: SnapApp Lands Amazon as Customer, Passes $8m in ARR

Three months and $35,000.

SaaS Interviews with CEOs, Startups, Founders
898 SaaS: SnapApp Lands Amazon as Customer, Passes $8m in ARR

And people are like, forget it.

SaaS Interviews with CEOs, Startups, Founders
898 SaaS: SnapApp Lands Amazon as Customer, Passes $8m in ARR

Right.

SaaS Interviews with CEOs, Startups, Founders
898 SaaS: SnapApp Lands Amazon as Customer, Passes $8m in ARR

So now increasingly they use us to build those and they charge their money for where they add real value, creative design strategy, execution measurement.

SaaS Interviews with CEOs, Startups, Founders
898 SaaS: SnapApp Lands Amazon as Customer, Passes $8m in ARR

So they're actually adding ancillary revenue streams because they're able to use our product to sell more and more new creative ideas.

SaaS Interviews with CEOs, Startups, Founders
898 SaaS: SnapApp Lands Amazon as Customer, Passes $8m in ARR

Huge margin.

SaaS Interviews with CEOs, Startups, Founders
898 SaaS: SnapApp Lands Amazon as Customer, Passes $8m in ARR

Yeah.

SaaS Interviews with CEOs, Startups, Founders
898 SaaS: SnapApp Lands Amazon as Customer, Passes $8m in ARR

So we only sell annually.

SaaS Interviews with CEOs, Startups, Founders
898 SaaS: SnapApp Lands Amazon as Customer, Passes $8m in ARR

We sell annual SaaS subscription.

SaaS Interviews with CEOs, Startups, Founders
898 SaaS: SnapApp Lands Amazon as Customer, Passes $8m in ARR

Started early on, as I'm sure you know, the best model is annual paid in advance or two years in advance.

SaaS Interviews with CEOs, Startups, Founders
898 SaaS: SnapApp Lands Amazon as Customer, Passes $8m in ARR

Exactly.

SaaS Interviews with CEOs, Startups, Founders
898 SaaS: SnapApp Lands Amazon as Customer, Passes $8m in ARR

Exactly.

SaaS Interviews with CEOs, Startups, Founders
898 SaaS: SnapApp Lands Amazon as Customer, Passes $8m in ARR

So our average customer these days starts about 30 grand a year, right?