Menu
Sign In Search Podcasts Charts People & Topics Add Podcast API Blog Pricing

Travis Chappell

๐Ÿ‘ค Speaker
305 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
$1 Trial Map: How we used a $1 Guarantee to Break $75k MRR, Instant CAC Payback

Trial conversion rate was about 42%.

SaaS Interviews with CEOs, Startups, Founders
$1 Trial Map: How we used a $1 Guarantee to Break $75k MRR, Instant CAC Payback

So the people who took the dollar offer, 42% of them stayed on for the first month, and obviously we're still working on the numbers in terms of how long they typically stay on, but it's looking to be a lot longer than that.

SaaS Interviews with CEOs, Startups, Founders
$1 Trial Map: How we used a $1 Guarantee to Break $75k MRR, Instant CAC Payback

which is obviously good for LTV.

SaaS Interviews with CEOs, Startups, Founders
$1 Trial Map: How we used a $1 Guarantee to Break $75k MRR, Instant CAC Payback

Now, this is the key to the funnel because we're talking about how to get your CAC, how to get your CAC back as quickly as you can, okay?

SaaS Interviews with CEOs, Startups, Founders
$1 Trial Map: How we used a $1 Guarantee to Break $75k MRR, Instant CAC Payback

Because this is, in my opinion, the key to scaling.

SaaS Interviews with CEOs, Startups, Founders
$1 Trial Map: How we used a $1 Guarantee to Break $75k MRR, Instant CAC Payback

And I think everybody would agree with that.

SaaS Interviews with CEOs, Startups, Founders
$1 Trial Map: How we used a $1 Guarantee to Break $75k MRR, Instant CAC Payback

The sooner you can get that back, the sooner you can go spend more money to go acquire more customers, okay?

SaaS Interviews with CEOs, Startups, Founders
$1 Trial Map: How we used a $1 Guarantee to Break $75k MRR, Instant CAC Payback

So, let's just go ahead and jump into it.

SaaS Interviews with CEOs, Startups, Founders
$1 Trial Map: How we used a $1 Guarantee to Break $75k MRR, Instant CAC Payback

This is a friend of mine, kind of a mentor as well, Joel Marion.

SaaS Interviews with CEOs, Startups, Founders
$1 Trial Map: How we used a $1 Guarantee to Break $75k MRR, Instant CAC Payback

He sold his company, Biotrust, as a supplement company for multiple nine figures in December.

SaaS Interviews with CEOs, Startups, Founders
$1 Trial Map: How we used a $1 Guarantee to Break $75k MRR, Instant CAC Payback

And when I interviewed him for my podcast, because this is how I got into all this.

SaaS Interviews with CEOs, Startups, Founders
$1 Trial Map: How we used a $1 Guarantee to Break $75k MRR, Instant CAC Payback

I'm just a door-to-door sales guy, turned podcaster, turned software founder.

SaaS Interviews with CEOs, Startups, Founders
$1 Trial Map: How we used a $1 Guarantee to Break $75k MRR, Instant CAC Payback

weird kind of story, but when I talked to people like this and interviewed a bunch of really successful people for my show, I started learning a bunch of things.

SaaS Interviews with CEOs, Startups, Founders
$1 Trial Map: How we used a $1 Guarantee to Break $75k MRR, Instant CAC Payback

And this is one of the things that always stood out to me.

SaaS Interviews with CEOs, Startups, Founders
$1 Trial Map: How we used a $1 Guarantee to Break $75k MRR, Instant CAC Payback

And Joel told me this, and he said, I effectively lose money better than anybody else.

SaaS Interviews with CEOs, Startups, Founders
$1 Trial Map: How we used a $1 Guarantee to Break $75k MRR, Instant CAC Payback

And I was like, what do you mean by that?

SaaS Interviews with CEOs, Startups, Founders
$1 Trial Map: How we used a $1 Guarantee to Break $75k MRR, Instant CAC Payback

Because it doesn't sound good.

SaaS Interviews with CEOs, Startups, Founders
$1 Trial Map: How we used a $1 Guarantee to Break $75k MRR, Instant CAC Payback

I can lose money really quickly, too.

SaaS Interviews with CEOs, Startups, Founders
$1 Trial Map: How we used a $1 Guarantee to Break $75k MRR, Instant CAC Payback

But I don't get paid as much as you, it seems.

SaaS Interviews with CEOs, Startups, Founders
$1 Trial Map: How we used a $1 Guarantee to Break $75k MRR, Instant CAC Payback

So I'm doing something incorrectly.