Everything Dan DiLoreto said on any show that made the record, most notable first. Each card names its show and opens the statement there.
DiLoreto: High-Spending Ad Clients Are More Easily Poached by Competitors
“And the more they spend, the higher, they become a, they become more poachable. We're a very competitive industry. So we don't like the big spenders. I know that's interesting, but the least you spend, the harder it is to poach that person.”
DiLoreto: Dollar-Based Commissions Incentivize Reps to Oversell Unneeded Packages
“If we remunerate them too much based on dollars sold, then they're going to force packages that clients don't need.”
UBIweb Funds Sales Commissions With a Two-Month Client Security Deposit
“So our secret sauce, I guess, for a commission is we take a two month security deposit when we sign an agreement. And that's the last two months of your last year with us. So that we use that, that is straight up used to pay the sales reps commissions. It basi…”
DiLoreto: UBI Web Relies Entirely on Outbound Leads
“All of our leads are outbound.
There's no inbound leads here.”
DiLoreto: UBI Web Pays Flat Annual Residuals on Client Renewals
“We do a residual, we offer a residual program. So every unit that you bring in the next year that they renew, you get a flat commission per year.”
DiLoreto: UBI Web Has 550 Live Customers and 150-200 Signed
“We're about 700. We have about five 50 live and one of the 150 to 200 signed that are going live in the next three or four months. Cause we're always signing three, six months ahead of time.”
DiLoreto: UBI Web ARPA is about $265 per month
“The ARPA right now is at about two 65 months.”
DiLoreto: UBI Web achieves 109% net revenue retention
“Our organic revenue grows nine percent.”
DiLoreto: UBI Web Earns $20K–$25K Monthly From 30% Ad Management Fees
“So we have about a 30% management fee on top. So we're making about 20, 25 K monthly on that.”
DiLoreto: 10% Minority Shareholder Agency Handles UBI Web's Tech Development
“So the 10%, the minority shareholder, that's that other web agency, we tap into them when it comes to tech dev.”
DiLoreto: UBIweb is profitable with 60% to 65% gross margins
“Yes, we're profitable today. Our margins look, I'm going to roughly 60, 65 points.”
DiLoreto: UBI Web Raised Up to $300K From Canadian Agencies Plus Bank Debt
“We've gone maybe 250 K, 300 K of funding through these two, and then a couple of hundred grand through banks.”
DiLoreto: BDC Charges 8.5% Interest Rate With Zero Warrants
“Eight and a half points.”
DiLoreto: UBIweb sets quota at two sales per week per rep
“Two sales a week per rep.”
UBI Web targets sales rep compensation between $90,000 and $110,000
“The average commission payout is 600 dollars a unit, and they have a base salary. So our target salary for a rep is between 90 and a 110.”