Stephan Goss
๐ค SpeakerAppearances Over Time
Podcast Appearances
So we spend like $1 and make $1.25.
And so our ads were all for free.
So interestingly enough, everything is lead gen.
So we don't actually charge anything.
So everything is completely free.
So when I say $1.25, I mean, so we acquired the user for a buck.
We basically collect PII, first name, last name, email, phone number.
And then we'd forward that to some lead buyers.
Correct.
Correct.
Exactly.
Yeah.
And so it was an, it's an arbitrage play.
Right.
And so we basically give away free samples just on top of that.
We found a ton of them online, right?
There's a ton of them.
We just aggregate them and we actually ship out a ton of them ourselves.
So in the beginning, it was fluctuating a ton.
We were probably doing about 20%, 30% margin.