The Ledger, every show
Every statement that passed quotation and attribution checks, across all 44 shows. Pick shows below, then mix any filter with any other.
shows 
every show 44 of 44
Newman: Parkbench generated $55k on $5k Facebook ad spend
“So, so far in the past three weeks, we've spent 5000 dollars and we've made 55,000.”
Parkbench generated $628,000 in May 2017 revenue with just 30 employees
“There's now 30 employees. Last month was May. We did 628,000 dollars in revenue.”
Parkbench reaches a $6.3 million annualized revenue run rate
“Like, that's our current run rate right now would be 6.3.”
Newman: Over 80% of Parkbench buyers close on the first call
“Almost over 80% of the realtors who buy our product buy it on the first call.”
Newman: Every dropped Parkbench neighborhood has been reacquired by another realtor
“So right now, we've never had a neighborhood that someone dropped off on that another realtor didn't pick it up again.”
Parkbench charges real estate agents an average $4,500 upfront annual fee
“So we build neighborhood focus websites for real estate agents and we sell the entire package up front for around on average, 4500 dollars for the whole year.”
Parkbench has surpassed 1,000 active real estate agent customers
“Today we have about over a thousand.”
Parkbench receives 60 to 100 inbound realtor inquiries daily
“We get about 60 to a hundred realtors a day contacting us wanting to be the digital mayor of their neighborhood.”
Parkbench maintains 2.75 percent monthly churn and 70 percent annual renewal
“We now have a 2.75 monthly churn. So a lot of our clients, a lot more of our clients are staying with us. That's about, I think, 65, 70% renewal rate.”
Parkbench achieves an average customer lifetime value of $13,163
“Lifetime because our lifetime value, I know you're gonna ask is 13,163.”
Newman: Parkbench reached nearly $2M in sales within 2.5 years
“So right now, so we started a two year, we're on our, or two and a half years in, we've already sold almost two million dollars worth.”
Newman: Parkbench is pacing over $1M in 2016 revenue
“So 2016, we're on pace to doing over a million.”
Newman: Parkbench reaches $67k in MRR and $98k in cash collections
“So our actual MRR is about 67,000. Because we get it all up front this month, we did about 98,000.”
Newman: Parkbench customer acquisition cost is roughly $400 including commissions
“Right now, probably including the sales commission, probably about 400 dollars.”
Newman: About 50% of Parkbench realtors renew for a second year
“Right now, because they sign on for a year, about half of them sign on for the second year as well.”
Newman: Parkbench operates at a $70,000 monthly expense run rate
“We're at about a 70 thousand dollar run rate. Monthly run rate.”