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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?

Is that how you measure it, by the way, or do you measure monthly?

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

No, we actually measure it differently.

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

We measure attrition on a quarterly basis, just quarter over quarter, just to see how we're doing, and it's sub-10%.

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

It could be better, but it's not terrible.

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

And again, we're in a relatively volatile sector because socialists are still so new.

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

So it's something that we're constantly evaluating and determining ways that we can improve as well as matching up with the right type of customer.

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

That's really, really important for us.

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

So, we have a slightly different approach because โ€“

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

I think the pivot to SaaS in our space is actually really, really hard.

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

It's arduous, it's expensive to do, and there's some big key players.

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

Our long-term aspirations are actually to develop and incubate consumer products because social is the frontier for demand gen.

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

And when you think about companies like Dollar Shave Club or Honest Company or Harry's Razors, I'm using companies purposely in the same sector, a lot of these businesses have exploded off of the prevalence of social and just having a team that from day one

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

really understood that mousetrap.

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

And so what we're thinking about long-term is if we can think of other verticals that are right for disruption that are really a good fit for the virality and the reach of what social creates from a demand-gen perspective, we would like to be moving sort of more in that direction.

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

Our long-term aspirations are not to be, like we don't want to be a services-based company for 20 years.

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

And when we think about SaaS,

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

Again, you know, we think about the opportunity is not we know SaaS multiples and everyone knows SaaS multiples are really attractive.

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

But for us, fundamentally, we see a bigger play based on our core expertise and where our passions lie in the consumer product space.

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

That might be physical.

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

It might be digital.