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Warren Jolly

๐Ÿ‘ค Speaker
149 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
EP 333: How Did He Make $15 Million from Managing Ads in 2015?

So a portion of that revenue is actually what we bill in terms of fees that are a percentage of the ad spend that we manage.

SaaS Interviews with CEOs, Startups, Founders
EP 333: How Did He Make $15 Million from Managing Ads in 2015?

The other portion of that revenue is actually revenue that we collect where we're not working under that percentage of ad spend model.

SaaS Interviews with CEOs, Startups, Founders
EP 333: How Did He Make $15 Million from Managing Ads in 2015?

We're actually taking a fixed payout per action from our customers.

SaaS Interviews with CEOs, Startups, Founders
EP 333: How Did He Make $15 Million from Managing Ads in 2015?

It's about 20% of the fixed spend model and 80% would be ad spend.

SaaS Interviews with CEOs, Startups, Founders
EP 333: How Did He Make $15 Million from Managing Ads in 2015?

We're going to pretty much stay focused and double down on those two.

SaaS Interviews with CEOs, Startups, Founders
EP 333: How Did He Make $15 Million from Managing Ads in 2015?

We're not, you know, we thought about moving into SaaS and other sorts of things.

SaaS Interviews with CEOs, Startups, Founders
EP 333: How Did He Make $15 Million from Managing Ads in 2015?

That's why I mentioned kind of hybrid earlier.

SaaS Interviews with CEOs, Startups, Founders
EP 333: How Did He Make $15 Million from Managing Ads in 2015?

But those products that we're developing are really going to be for our own use internally.

SaaS Interviews with CEOs, Startups, Founders
EP 333: How Did He Make $15 Million from Managing Ads in 2015?

I mean, we look at a couple of things, right?

SaaS Interviews with CEOs, Startups, Founders
EP 333: How Did He Make $15 Million from Managing Ads in 2015?

How many new opportunities are we securing and how closely do those opportunities fit our ideal customer profile?

SaaS Interviews with CEOs, Startups, Founders
EP 333: How Did He Make $15 Million from Managing Ads in 2015?

Obviously our growth in both top line and net revenue, as well as managing churn and attrition.

SaaS Interviews with CEOs, Startups, Founders
EP 333: How Did He Make $15 Million from Managing Ads in 2015?

That's a really big component of being in the services-based businesses.

SaaS Interviews with CEOs, Startups, Founders
EP 333: How Did He Make $15 Million from Managing Ads in 2015?

If you're not carefully monitoring how much business you're churning, what you're doing, even if you're wonderful at sales or getting new opportunities, you're just filling a leaky bucket with more water.

SaaS Interviews with CEOs, Startups, Founders
EP 333: How Did He Make $15 Million from Managing Ads in 2015?

So that's something that we fixate on a lot.

SaaS Interviews with CEOs, Startups, Founders
EP 333: How Did He Make $15 Million from Managing Ads in 2015?

And really, there's two things that you can control in our type of business.

SaaS Interviews with CEOs, Startups, Founders
EP 333: How Did He Make $15 Million from Managing Ads in 2015?

You know, one is flawless execution.

SaaS Interviews with CEOs, Startups, Founders
EP 333: How Did He Make $15 Million from Managing Ads in 2015?

And the second is fanatical customer service.

SaaS Interviews with CEOs, Startups, Founders
EP 333: How Did He Make $15 Million from Managing Ads in 2015?

There might be outliers where, you know, customers just don't have the right product, right?

SaaS Interviews with CEOs, Startups, Founders
EP 333: How Did He Make $15 Million from Managing Ads in 2015?

They're trying to sell something that's just not a good fit for social or whatever service it is that you're offering.

SaaS Interviews with CEOs, Startups, Founders
EP 333: How Did He Make $15 Million from Managing Ads in 2015?

But if you control those two things and you obsess about those two things, you're just going to organically do a much better job of managing churn.