Select
company on 1 show · 26 statements across 2 episodes · said 32 times in 2 episodes since 2016
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2019 14 mentions in 1 episode
2016 18 mentions in 1 episode
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26 statements about Select, every show
Select Members Average $320K Income With $150K Median
“Medians around one 50 average is actually close to three 20. That gets dragged up by sort of professional athletes, celebrities CEO, like sort of C level exacts.”
Cisco: Half of top 10 card issuers want to invest in Select
“There's also about half of the top 10 issuers would like to participate as well.”
Cisco: Select will target a $40M pre-money valuation
“I think we'll be in the neighborhood of like 40, Pre-fifty post. It's possible it goes higher than that.”
Cisco: Select plans to raise $10M or more
“We'll probably be looking in the neighborhood of ten million dollars, if not more.”
Cisco: Select Operates With Nine Full-Time Employees
“So we have nine full-time and then like a few like part-time and contractors.”
Cisco: Multiple Top-5 Card Issuers Sought to Acquire Select
“We've had multiple of the top five issuers want to buy the company.”
Select reports customer acquisition cost around $250 or lower
“Generally it's around two 50 or a little lower. It depends on the channel of course, but it's sort of across the board. That's where it's been. It's actually been coming down a bit cause we've been diversifying our strategies a bit more.”
Select projects around $2M in revenue for 2019
“We'll be in the neighborhood of two million this year.”
Cisco: Select Members Recoup Over 3x Their Annual Fee on Average
“On average, members recoup over three X that annual fee.”
Select Covers 500K Hotel Locations and Has Lowest Rates at Over 200K
“Our hotel program encompasses 500,000 locations at a little over 200,000 of those. And it varies based on inventory. We have the best rate anywhere.”
Select Founder: Hotel Program Delivers Average 31% Savings, Up to 70%
“The average savings is 31%, but you can be as high as 70.”
Cisco: Select members generate 20% to 30% larger checks for partners
“I know across the board, it tends to be around 20 to 30%. So it's not, A huge magnitude, but it is higher. And that is, you know, with the benefit factored in, whether that's free drinks or a discount or whatever the case may be, like after providing that bene…”
Cisco: Select calculates its three-year customer lifetime value at $920
“So, you know, we're thinking on average it's going to be around three years. So, so the lifetime value we've got calculated right now is around just over 900. It's nine 20, I think.”
Cisco: Select acquires members at a blended CPA of $154
“Right now our blended CPA is actually about one 54.”
Cisco: Select achieved over 75% annual member retention in year one
“But the annual retention rate right now is over 75%, which is way ahead of what we were Expecting for the first year.”
Cisco: Select is at over a $1 million revenue run rate
“Yeah. So we're over a million dollar run right now.”
Cisco: Select generated nearly $700,000 in total revenue in 2015
“So it was actually just under 700,000.”
Cisco: High-End Credit Cards Charge Hefty Fees for Useless Perks
“And you're looking at you know, these annual fees kind of ranging from a hundred to up to 2500 for first century on plus initiation fees and stuff for benefits that have really been, you know, basically points you might, may or may not be able to use towards t…”