Celect

9 statements across 1 episodes · 5 bullish · 0 bearish · 1 people on the record · first statement May 10, 2018 by John Andrews · said 22 times in 1 episodes since 2018 · across every show →

Mentions by year

brought up most by Nathan Latka (22)

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2018 22 mentions in 1 episode

every mention, scene by scene, with the transcript →

Everything said about Celect, oldest first

May 10, 2018 positive
Disclosure
Andrews: Celect counts Urban Outfitters and Saks Fifth Avenue as customers
“Our customers include folks like Urban Outfitters, Anthropologie, Free People, Aldo, Montreal, up in Montreal, the shoe manufacturer, designer, and retailer, Saks Fifth Avenue, etc.”
John Andrews May 10, 2018 ▶ 3:28 1020 Urban Outfitters Inventory Management Tool Breaks $6m in ARR
May 10, 2018
Disclosure
Andrews: Celect's starting contracts range from $400k to $500k per year
“The starting point is going to be somewhere between, you know, 400 to, call it 400 to 500 K. Okay. Per year.”
John Andrews May 10, 2018 ▶ 10:39 1020 Urban Outfitters Inventory Management Tool Breaks $6m in ARR
May 10, 2018 positive
Disclosure
Andrews: Celect had two customer churns in four years
“So we've had two customers who've churned over the past four years.”
John Andrews May 10, 2018 ▶ 14:24 1020 Urban Outfitters Inventory Management Tool Breaks $6m in ARR
May 10, 2018
Disclosure
Andrews: Celect customer lifetime value is typically $3M to $4M
“Millions of dollars. It's generally in the three to four million dollar range.”
John Andrews May 10, 2018 ▶ 11:22 1020 Urban Outfitters Inventory Management Tool Breaks $6m in ARR
May 10, 2018 bullish
Assertion Not checkable as stated
Andrews: Celect delivers 5-7% revenue growth and up to 14% margin lift
“When you do that right, we've seen customers with anywhere from You know, at points, five to seven percent increase in revenue to, you know, upwards of, you know, 13 to 14% increase in gross margin.”
John Andrews May 10, 2018 ▶ 7:39 1020 Urban Outfitters Inventory Management Tool Breaks $6m in ARR
May 10, 2018 positive
Assertion Not checkable as stated
Andrews: Celect achieves a roughly six-month CAC payback period
“So our payback period, it's been, you know, it can be in the six month range.”
John Andrews May 10, 2018 ▶ 18:02 1020 Urban Outfitters Inventory Management Tool Breaks $6m in ARR
May 10, 2018 neutral
Insight
Andrews: Retail choice modeling doesn't require granular in-store sensor tracking
“The reality is, Nathan, is that you don't actually need that level of granularity to get the signal out of understanding customer preference, right? Part of the technology, you need to identify what the selection set is that people are likely looking at just b…”
John Andrews May 10, 2018 ▶ 8:28 1020 Urban Outfitters Inventory Management Tool Breaks $6m in ARR
May 10, 2018 positive
Assertion Not checkable as stated
Andrews: Celect grew revenue roughly 2.5x year-over-year in 2017
“So last year was it's about two and a half X.”
John Andrews May 10, 2018 ▶ 16:48 1020 Urban Outfitters Inventory Management Tool Breaks $6m in ARR
May 10, 2018
Disclosure
Andrews: Celect has about 15 enterprise customers
“So we're in the middle teens at this point.”
John Andrews May 10, 2018 ▶ 14:05 1020 Urban Outfitters Inventory Management Tool Breaks $6m in ARR
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