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Stephan Goss

๐Ÿ‘ค Speaker
303 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
719: Question Based Advertising is The Future, $40M In Sales Doesn't Lie!

Basically, what we ended up doing is we ended up taking that question-asking model and just scaled it way up.

SaaS Interviews with CEOs, Startups, Founders
719: Question Based Advertising is The Future, $40M In Sales Doesn't Lie!

So now we have hundreds of questions.

SaaS Interviews with CEOs, Startups, Founders
719: Question Based Advertising is The Future, $40M In Sales Doesn't Lie!

We obviously don't ask everybody 100 questions.

SaaS Interviews with CEOs, Startups, Founders
719: Question Based Advertising is The Future, $40M In Sales Doesn't Lie!

It's usually somewhere between 8 and 10 questions.

SaaS Interviews with CEOs, Startups, Founders
719: Question Based Advertising is The Future, $40M In Sales Doesn't Lie!

But literally, we took that model, and we literally just asked people questions, up-valued the lead first, right?

SaaS Interviews with CEOs, Startups, Founders
719: Question Based Advertising is The Future, $40M In Sales Doesn't Lie!

Because what the questions really allow us to do is to find data points like, are you diabetic?

SaaS Interviews with CEOs, Startups, Founders
719: Question Based Advertising is The Future, $40M In Sales Doesn't Lie!

And if they are a diabetic, suddenly the value is just massively greater.

SaaS Interviews with CEOs, Startups, Founders
719: Question Based Advertising is The Future, $40M In Sales Doesn't Lie!

And so we do that for car insurance.

SaaS Interviews with CEOs, Startups, Founders
719: Question Based Advertising is The Future, $40M In Sales Doesn't Lie!

We do that in dozens of different spaces.

SaaS Interviews with CEOs, Startups, Founders
719: Question Based Advertising is The Future, $40M In Sales Doesn't Lie!

And so, yeah, that's exactly what we still do.

SaaS Interviews with CEOs, Startups, Founders
719: Question Based Advertising is The Future, $40M In Sales Doesn't Lie!

And so the lead value is really more of a composition of all your answers than actually just like one lead.

SaaS Interviews with CEOs, Startups, Founders
719: Question Based Advertising is The Future, $40M In Sales Doesn't Lie!

But yeah, that's still pretty much the model.

SaaS Interviews with CEOs, Startups, Founders
719: Question Based Advertising is The Future, $40M In Sales Doesn't Lie!

So top line was right around 39, I think.

SaaS Interviews with CEOs, Startups, Founders
719: Question Based Advertising is The Future, $40M In Sales Doesn't Lie!

Total ad spend, I would put right around like the 20 to 25 range.

SaaS Interviews with CEOs, Startups, Founders
719: Question Based Advertising is The Future, $40M In Sales Doesn't Lie!

Honestly, I don't know that a number, just as a standalone.

SaaS Interviews with CEOs, Startups, Founders
719: Question Based Advertising is The Future, $40M In Sales Doesn't Lie!

in there as well and then you just take whatever's left to the bottom line huh correct yeah the team is about 25 people right now and what do you do with what goes to the bottom line you just reinvest it for next year upgrade the office space or what so i've spent the last two years basically reinvesting that money on the zito side so that's kind of how we pivot into that if that works okay that's perfect yeah so how much personally right now have you put into into zito to get it going oh man i don't even count it that way because the two companies kind of just balance right out how do you count it

SaaS Interviews with CEOs, Startups, Founders
719: Question Based Advertising is The Future, $40M In Sales Doesn't Lie!

While we just break even overall.

SaaS Interviews with CEOs, Startups, Founders
719: Question Based Advertising is The Future, $40M In Sales Doesn't Lie!

Got it.

SaaS Interviews with CEOs, Startups, Founders
719: Question Based Advertising is The Future, $40M In Sales Doesn't Lie!

So that's kind of right.

SaaS Interviews with CEOs, Startups, Founders
719: Question Based Advertising is The Future, $40M In Sales Doesn't Lie!

So we basically take all the money from the one company that is the profit and then put it into the other company.