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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

All he meant was that, to your point as well, Rob, so Joel built his company mostly through affiliate.

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

affiliate marketing.

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

And all he meant by that was that he knew his backend numbers so well, he knew his LTV so well and what eventually those customers would end up buying from him that he was able to actually pay out more than 100% affiliate commissions on the front end offer that he put in front of people.

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

So if you're an affiliate, you're selling a $50 product, and you're getting paid a $100 commission to sell a $50 product, that's a pretty good deal.

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

So he was able to attract the best affiliates in the world, and in his first 12 months in business with a supplement company, he had over $100 million in revenue.

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

In 12 months, with a physical product, over $100 million in revenue, all because he knew that with his email marketing skills, that's essentially like his core skill set.

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

His email has over 20 million people.

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

He knew that if they came onto the list, that he was good enough and knew the proper upsells and path and understood the customer journey so well that they were eventually going to stick around for X number of months and would eventually become profitable for him to do that.

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

Okay, so this is the overall numbers of like page views, the opt-ins that came through, the people that came into the first page, which is 369 right there.

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

So that's the dollar trials.

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

Now that first upsell, this is where obviously we made back the majority of the money that we were spending in advertising.

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

OK, so we spent right around that number on ads during this period of time.

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

And obviously, this dollar trial, if you do the math on this, 369 times $1.

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

is a lot less than 3,446.

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

So we immediately had an order bump on the first page, which if you do not have an order bump, you're losing money immediately.

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

It's free money.

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

Put something there.

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

Make it valuable.

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

Again, make it something they can't say no to.

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

we had a dollar trial and we had a $27 order bump.