Everything Josh Haynam said on any show that made the record, most notable first. Each card names its show and opens the statement there.
Facebook is the biggest driver of quiz traffic for Interact
“Facebook is the biggest driver of quiz traffic.”
The Foundation halved their Facebook lead costs by switching to a quiz
“Dropped their lead costs from six 30. So six dollars and 30 cents down to about three 37, I think was the exact number.”
Forbes' college match quiz is taken 250,000 times per year
“So Forbes has this college quiz that they've used for almost four years now. Basically, it's find your perfect college match, and it's a personality quiz that directs you to one of a series of colleges, and then it ties into another tool that they have that ac…”
Interact customers pay an average of $60 per month
“Average is about 60 bucks a month.”
Interact powered 250 million quizzes over the last 12 months
“Last 12 months, about two hundred and fifty million.”
Interact trades free software to over 1,000 influencers for promotion
“We have a network of just over a thousand influencers. These are bloggers, course creators, that kind of stuff, marketing strategists, and they get to use our platform for free. And in return, they promote it by writing blog posts and sending it out to their F…”
Interact had roughly $24,000 in monthly recurring revenue a year prior
“A year ago, we were at about 24.”
Interact's monthly churn is between 5% and 7%
“Churn varies between five and seven percent a month.”
Interact's customer lifetime value is slightly over $1,000
“I mean, we use bear metrics as well, so it's about a thousand dollars right now, a little over a thousand depending on how things go, but and that fluctuates as well, depending on churn.”
Interact has just over 800 paying customers
“So total paying customers, we were just over 800.”
Interact is completely bootstrapped with no outside capital
“Totally bootstrapped.”
Interact pays affiliates a 30% recurring commission
“We do have an affiliate program as well, so a 30% ongoing commission for any affiliate that sends us a direct sign-up”