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Shekhar Rahman

๐Ÿ‘ค Speaker
112 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
How he Doubled ACV to $480k selling niche SaaS to 10 Grocery Stores, now $4.5m in revenue

Yes, I am, Nathan.

SaaS Interviews with CEOs, Startups, Founders
How he Doubled ACV to $480k selling niche SaaS to 10 Grocery Stores, now $4.5m in revenue

Good to be back on.

SaaS Interviews with CEOs, Startups, Founders
How he Doubled ACV to $480k selling niche SaaS to 10 Grocery Stores, now $4.5m in revenue

We have been asked by a number of other retailers what platform will work for them.

SaaS Interviews with CEOs, Startups, Founders
How he Doubled ACV to $480k selling niche SaaS to 10 Grocery Stores, now $4.5m in revenue

But maybe towards the beginning of next year is when we'll try to transition into maybe C stores.

SaaS Interviews with CEOs, Startups, Founders
How he Doubled ACV to $480k selling niche SaaS to 10 Grocery Stores, now $4.5m in revenue

No, typically we work with retailers that already have loyalty programs.

SaaS Interviews with CEOs, Startups, Founders
How he Doubled ACV to $480k selling niche SaaS to 10 Grocery Stores, now $4.5m in revenue

So they already have loyalty programs implemented and our platform kind of goes on top of that.

SaaS Interviews with CEOs, Startups, Founders
How he Doubled ACV to $480k selling niche SaaS to 10 Grocery Stores, now $4.5m in revenue

So we take first party customer identified data where you put in your loyalty number or your phone number.

SaaS Interviews with CEOs, Startups, Founders
How he Doubled ACV to $480k selling niche SaaS to 10 Grocery Stores, now $4.5m in revenue

So we know exactly what you bought in the transaction.

SaaS Interviews with CEOs, Startups, Founders
How he Doubled ACV to $480k selling niche SaaS to 10 Grocery Stores, now $4.5m in revenue

And we use that data to then track customer behavior trends and then figure out what offers to send you.

SaaS Interviews with CEOs, Startups, Founders
How he Doubled ACV to $480k selling niche SaaS to 10 Grocery Stores, now $4.5m in revenue

Yeah.

SaaS Interviews with CEOs, Startups, Founders
How he Doubled ACV to $480k selling niche SaaS to 10 Grocery Stores, now $4.5m in revenue

So the unique thing with the Bird's Eye platform is typically the way the promotion industry works is it's CPG driven.

SaaS Interviews with CEOs, Startups, Founders
How he Doubled ACV to $480k selling niche SaaS to 10 Grocery Stores, now $4.5m in revenue

So the brands will say, hey, here's what I want to put out coupons on, or here's what I want to get deals on.

SaaS Interviews with CEOs, Startups, Founders
How he Doubled ACV to $480k selling niche SaaS to 10 Grocery Stores, now $4.5m in revenue

And then the retailers essentially will try to identify the audience that works best for those offers.

SaaS Interviews with CEOs, Startups, Founders
How he Doubled ACV to $480k selling niche SaaS to 10 Grocery Stores, now $4.5m in revenue

What we did is we flipped the equation.

SaaS Interviews with CEOs, Startups, Founders
How he Doubled ACV to $480k selling niche SaaS to 10 Grocery Stores, now $4.5m in revenue

We said, let's start with the shopper.

SaaS Interviews with CEOs, Startups, Founders
How he Doubled ACV to $480k selling niche SaaS to 10 Grocery Stores, now $4.5m in revenue

Let's look at Nathan.

SaaS Interviews with CEOs, Startups, Founders
How he Doubled ACV to $480k selling niche SaaS to 10 Grocery Stores, now $4.5m in revenue

Let's look at his purchasing behavior and what will get him back into the store.

SaaS Interviews with CEOs, Startups, Founders
How he Doubled ACV to $480k selling niche SaaS to 10 Grocery Stores, now $4.5m in revenue

Forget about what's on sale.

SaaS Interviews with CEOs, Startups, Founders
How he Doubled ACV to $480k selling niche SaaS to 10 Grocery Stores, now $4.5m in revenue

Let's see what will get him back in the store.

SaaS Interviews with CEOs, Startups, Founders
How he Doubled ACV to $480k selling niche SaaS to 10 Grocery Stores, now $4.5m in revenue

Is it 10% off sushi, 10% off pizza, whatever it is, let's create a promotion tailored around his personal experience and interests, and then figure out how to get that funded down the road.

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