Everything Brett Owens said on any show that made the record, most notable first. Each card names its show and opens the statement there.
LeadDyno scrapped freemium and $19 tiers for attracting non-serious customers
“We did have a failed experiment with a freemium type model where we offered free versions, and that was a complete mess because the type of customer you get free is not the type where even, even we found 19 to be maybe didn't have as many serious people as we …”
LeadDyno grew revenue by 30% year-over-year in 2017
“Growth rate, I believe we grew about 30% year over year last year. So 20 sets, 20 17 over 20 16.”
LeadDyno experiences roughly 8% monthly logo churn
“So churn is in the high single digits. Our churn is actually, I would say high for a SaaS company. Monthly? Yeah, monthly. Okay, so call it like eight percent logo churn per month, something like that? Yeah, I would say that's I would say that's fair.”
Half of LeadDyno signups interact with live chat before converting
“I would say I know you love the numbers, I would say probably one in two people who sign up for our, an account with us, Hit us up on live chat before.”
Owens recovered under 30 cents on the dollar for $300k startup loan
“The company still owed me personally on, on the balance sheet, like, 300,000 dollars, because I ended up being the angel investor, and it wasn't pretty, it wasn't like I had the money. It was like a forwarding off a credit card on the company balance sheet, an…”
LeadDyno exceeds $1 million in annual revenue
“We're above seven figures now in terms of annual revenue numbers.”
LeadDyno serves over 2,400 customers
“We're over 2400 on the customer side of Leaddyno.”
LeadDyno's average customer pays under $100 per month
“Our pricing is between it starts at 29 a month and then it goes up to two 49 a month, actually up to three 49. But we're under a hundred dollars a month in terms of what they're paying.”
LeadDyno's high churn is driven by customers closing their e-commerce stores
“People sign up and then they leave and you feel bad and you find that the reason that they left is oftentimes they shut down their online store.”
LeadDyno has never tested annual contracts or charged setup fees
“We've also never tested doing something yearly. We've always been flat monthly and no setup costs either, where I know some of the big networks and that's always been a drawing point for us.”
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