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Sieva Kozinsky

๐Ÿ‘ค Speaker
151 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
EP 371: $1M Raised, $40k/Mo Marketplace For Class Notes with Sieva Kozinsky

The average revenue.

SaaS Interviews with CEOs, Startups, Founders
EP 371: $1M Raised, $40k/Mo Marketplace For Class Notes with Sieva Kozinsky

So the average revenue is going to be that $42 figure.

SaaS Interviews with CEOs, Startups, Founders
EP 371: $1M Raised, $40k/Mo Marketplace For Class Notes with Sieva Kozinsky

Um, we're seeing turn anywhere between eight to 12%, um, in a, in a monthly period.

SaaS Interviews with CEOs, Startups, Founders
EP 371: $1M Raised, $40k/Mo Marketplace For Class Notes with Sieva Kozinsky

And for your business, is that good or bad?

SaaS Interviews with CEOs, Startups, Founders
EP 371: $1M Raised, $40k/Mo Marketplace For Class Notes with Sieva Kozinsky

Do you know?

SaaS Interviews with CEOs, Startups, Founders
EP 371: $1M Raised, $40k/Mo Marketplace For Class Notes with Sieva Kozinsky

Um, we've, we've talked to a few different marketplaces who also run subscriptions and consumer style, consumer style subscription businesses.

SaaS Interviews with CEOs, Startups, Founders
EP 371: $1M Raised, $40k/Mo Marketplace For Class Notes with Sieva Kozinsky

Um, and it seems like our numbers are lower than the industry average, obviously extremely higher than an enterprise SaaS product, but they seem to be lower than most of their consumer.

SaaS Interviews with CEOs, Startups, Founders
EP 371: $1M Raised, $40k/Mo Marketplace For Class Notes with Sieva Kozinsky

So we focus on acquiring the sellers and we really train them to be entrepreneurs on our platform.

SaaS Interviews with CEOs, Startups, Founders
EP 371: $1M Raised, $40k/Mo Marketplace For Class Notes with Sieva Kozinsky

We're giving them the space where they can create their own business and then they can go out, post their materials and acquire all their own customers.

SaaS Interviews with CEOs, Startups, Founders
EP 371: $1M Raised, $40k/Mo Marketplace For Class Notes with Sieva Kozinsky

So we focus all of our attention on getting those sellers today and getting them trained up.

SaaS Interviews with CEOs, Startups, Founders
EP 371: $1M Raised, $40k/Mo Marketplace For Class Notes with Sieva Kozinsky

It costs us, you know, let's say $100 to $150 to acquire a seller that's going to be then generating some revenue for us.

SaaS Interviews with CEOs, Startups, Founders
EP 371: $1M Raised, $40k/Mo Marketplace For Class Notes with Sieva Kozinsky

And of course, we've got to train them up on the components

SaaS Interviews with CEOs, Startups, Founders
EP 371: $1M Raised, $40k/Mo Marketplace For Class Notes with Sieva Kozinsky

of what they should post, how they should post, how they're going to be successful, and then how to go out and get their own business.

SaaS Interviews with CEOs, Startups, Founders
EP 371: $1M Raised, $40k/Mo Marketplace For Class Notes with Sieva Kozinsky

And as most platforms similar to Etsy as well, the sellers are actually going to go out and market their own materials to the buyers.

SaaS Interviews with CEOs, Startups, Founders
EP 371: $1M Raised, $40k/Mo Marketplace For Class Notes with Sieva Kozinsky

No, we're not too sure.

SaaS Interviews with CEOs, Startups, Founders
EP 371: $1M Raised, $40k/Mo Marketplace For Class Notes with Sieva Kozinsky

I think it's a little bit too early in our iteration.

SaaS Interviews with CEOs, Startups, Founders
EP 371: $1M Raised, $40k/Mo Marketplace For Class Notes with Sieva Kozinsky

We have some cohort analysis data, but it doesn't show the full LTV.

SaaS Interviews with CEOs, Startups, Founders
EP 371: $1M Raised, $40k/Mo Marketplace For Class Notes with Sieva Kozinsky

People haven't entirely dropped off based on their current data.

SaaS Interviews with CEOs, Startups, Founders
EP 371: $1M Raised, $40k/Mo Marketplace For Class Notes with Sieva Kozinsky

I'm on Twitter, Siva Kaczynski, at Siva Kaczynski.

SaaS Interviews with CEOs, Startups, Founders
EP 371: $1M Raised, $40k/Mo Marketplace For Class Notes with Sieva Kozinsky

Most recently, I really like the Elon Musk biography by Ashley Vance.