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Tyler Tringas

๐Ÿ‘ค Speaker
978 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
Tyler Tringas: How Earnest Capital Hopes to Re-Invent Startup Investing

So I was really getting constant feedback from client base and being able to bounce ideas off of them.

SaaS Interviews with CEOs, Startups, Founders
Tyler Tringas: How Earnest Capital Hopes to Re-Invent Startup Investing

It let me be able to...

SaaS Interviews with CEOs, Startups, Founders
Tyler Tringas: How Earnest Capital Hopes to Re-Invent Startup Investing

to pull more value into the product right so it started off as like a hey you know this is a check the box we know we need this so let's just check the box but then you know that feedback loop of talking to the customers and then thinking about product led us to for example a conclusion where hey actually the analytics here are really valuable right like when somebody is saying you know where can i buy your product

SaaS Interviews with CEOs, Startups, Founders
Tyler Tringas: How Earnest Capital Hopes to Re-Invent Startup Investing

near me in Portland, Oregon, and you're getting 7,000 searches like that a month, and the answer is nowhere, that's actually really actionable information.

SaaS Interviews with CEOs, Startups, Founders
Tyler Tringas: How Earnest Capital Hopes to Re-Invent Startup Investing

You should probably find distribution in Portland, Oregon.

SaaS Interviews with CEOs, Startups, Founders
Tyler Tringas: How Earnest Capital Hopes to Re-Invent Startup Investing

And that should be surfaced and something that

SaaS Interviews with CEOs, Startups, Founders
Tyler Tringas: How Earnest Capital Hopes to Re-Invent Startup Investing

you know, a marketing person can use, you know, in concert with other tools to look for opportunities and alerts should be notifying you that, hey, for some reason you're blowing up in Switzerland and, you know, you really should find a way to actively market there.

SaaS Interviews with CEOs, Startups, Founders
Tyler Tringas: How Earnest Capital Hopes to Re-Invent Startup Investing

And so we found those bits of value and pulled those into the product and then, you know,

SaaS Interviews with CEOs, Startups, Founders
Tyler Tringas: How Earnest Capital Hopes to Re-Invent Startup Investing

I was able to really hugely increase the average revenue per customer by adding more and more value there.

SaaS Interviews with CEOs, Startups, Founders
Tyler Tringas: How Earnest Capital Hopes to Re-Invent Startup Investing

But it was mostly a feedback loop of talking to the customer base, essentially.

SaaS Interviews with CEOs, Startups, Founders
Tyler Tringas: How Earnest Capital Hopes to Re-Invent Startup Investing

Yeah, I mean, well, so it was, I think it was a 14-day free trial with a credit card up front.

SaaS Interviews with CEOs, Startups, Founders
Tyler Tringas: How Earnest Capital Hopes to Re-Invent Startup Investing

So, you know, those are the, obviously, you know, for calibrating your metrics, some of those things matter quite a bit.

SaaS Interviews with CEOs, Startups, Founders
Tyler Tringas: How Earnest Capital Hopes to Re-Invent Startup Investing

So, obviously, putting the credit card up front.

SaaS Interviews with CEOs, Startups, Founders
Tyler Tringas: How Earnest Capital Hopes to Re-Invent Startup Investing

Yeah, and it, well, it may or may not be the right decision, right?

SaaS Interviews with CEOs, Startups, Founders
Tyler Tringas: How Earnest Capital Hopes to Re-Invent Startup Investing

But it certainly is going to make your free trial to paid conversion a higher number, right?

SaaS Interviews with CEOs, Startups, Founders
Tyler Tringas: How Earnest Capital Hopes to Re-Invent Startup Investing

Whether or not it, you know, on net is beneficial is something to be tested.

SaaS Interviews with CEOs, Startups, Founders
Tyler Tringas: How Earnest Capital Hopes to Re-Invent Startup Investing

But

SaaS Interviews with CEOs, Startups, Founders
Tyler Tringas: How Earnest Capital Hopes to Re-Invent Startup Investing

Um, that, that's definitely part of it, right?

SaaS Interviews with CEOs, Startups, Founders
Tyler Tringas: How Earnest Capital Hopes to Re-Invent Startup Investing

I don't know that we would have anywhere near that if we had a open free trial or we had a freemium plan or something like that.

SaaS Interviews with CEOs, Startups, Founders
Tyler Tringas: How Earnest Capital Hopes to Re-Invent Startup Investing

Um, but you know, I think, um, I, I, I do think there's a huge amount of low hanging fruit in, in the onboarding process for, for most products.