Everything Arif Mamun said on any show that made the record, most notable first. Each card names its show and opens the statement there.
Mamun: C-Store Pro is willing to push CAC to 1:1 LTV
“All things being equal, we'd go, we go all the way up to our lifetime value because we feel strongly that the LTV is, is going to rise on the other end.”
Mamun: Brick-and-mortar retail is about to experience an e-commerce-scale revolution
“A brick and mortar retail is about to go through the same revolution that, that e-commerce retail did in the early 2000, late 19 nineties.”
Mamun: C-Store Pro's annualized gross churn is under 5%
“Our churn currently is sub five percent annualized.”
Mamun: C-Store Pro is pivoting from SaaS to data monetization
“The pivot that we're trying to do is, is, is from SAS to a data play, a much broader data play.”
Mamun: C-Store Pro funds operations via bank credit lines and founder equity
“Bank credit lines. Even personal money. We're putting in our own equity into this thing.”
Mamun: C-Store Pro has raised under $1M via convertible notes
“We've raised under a million.”
Mamun: C-Store Pro has roughly 1,500 paying customers
“Well, so paying customers would be 1500 or there about.”
Mamun: C-Store Pro is generating around $73,000 in MRR
“That would be in line, yes.”
Mamun: C-Store Pro is on track to break $1M revenue in 2016
“We, we're on track.”
Mamun: C-Store Pro recorded 13 million basket transactions in August 2016
“The numbers now number in August was thirteen million.”
Mamun: C-Store Pro spends roughly $180 per trial customer
“So customer acquisition cost ranges month to month but it's roughly at this point about a 180 bucks a trial customer.”
Mamun: C-Store Pro monthly headcount cost is reaching $100,000
“It's now getting up to a 100,000 a month.”
Mamun: C-Store Pro customers pay an average of $49 monthly
“49 bucks a month.”
Mamun: C-Store Pro acquires customers primarily through offline marketing channels
“So it's mostly offline stuff right now and a little bit of online stuff. You know, trade shows, conventions you know flyers and things like that. Direct mail.”