Interact

12 statements across 1 episodes · 2 bullish · 0 bearish · 1 people on the record · first statement Apr 14, 2018 by Josh Haynam · said 21 times in 1 episodes since 2018 · across every show →

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brought up most by Nathan Latka (21)

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2018 21 mentions in 1 episode

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Everything said about Interact, oldest first

Apr 14, 2018 neutral
Assertion Not checkable as stated
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.”
Josh Haynam Apr 14, 2018 ▶ 10:22 994 Why Forbes Uses Quizzes Instead of "Opt In Landing Pages"
Apr 14, 2018 positive
Assertion Not checkable as stated
Facebook is the biggest driver of quiz traffic for Interact
“Facebook is the biggest driver of quiz traffic.”
Josh Haynam Apr 14, 2018 ▶ 3:01 994 Why Forbes Uses Quizzes Instead of "Opt In Landing Pages"
Apr 14, 2018
Assertion Not checkable as stated
Interact has just over 800 paying customers
“So total paying customers, we were just over 800.”
Josh Haynam Apr 14, 2018 ▶ 5:46 994 Why Forbes Uses Quizzes Instead of "Opt In Landing Pages"
Apr 14, 2018 positive
Assertion Not checkable as stated
Interact had roughly $24,000 in monthly recurring revenue a year prior
“A year ago, we were at about 24.”
Josh Haynam Apr 14, 2018 ▶ 9:23 994 Why Forbes Uses Quizzes Instead of "Opt In Landing Pages"
Apr 14, 2018
Disclosure
Interact customers pay an average of $60 per month
“Average is about 60 bucks a month.”
Josh Haynam Apr 14, 2018 ▶ 1:58 994 Why Forbes Uses Quizzes Instead of "Opt In Landing Pages"
Apr 14, 2018
Disclosure
Interact is completely bootstrapped with no outside capital
“Totally bootstrapped.”
Josh Haynam Apr 14, 2018 ▶ 5:57 994 Why Forbes Uses Quizzes Instead of "Opt In Landing Pages"
Apr 14, 2018
Assertion Partly supported
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.”
Josh Haynam Apr 14, 2018 ▶ 4:29 994 Why Forbes Uses Quizzes Instead of "Opt In Landing Pages"
Apr 14, 2018
Disclosure
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”
Josh Haynam Apr 14, 2018 ▶ 7:18 994 Why Forbes Uses Quizzes Instead of "Opt In Landing Pages"
Apr 14, 2018
Disclosure
Interact powered 250 million quizzes over the last 12 months
“Last 12 months, about two hundred and fifty million.”
Josh Haynam Apr 14, 2018 ▶ 2:08 994 Why Forbes Uses Quizzes Instead of "Opt In Landing Pages"
Apr 14, 2018
Disclosure
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…”
Josh Haynam Apr 14, 2018 ▶ 7:00 994 Why Forbes Uses Quizzes Instead of "Opt In Landing Pages"
Apr 14, 2018 neutral
Assertion Not checkable as stated
Interact's monthly churn is between 5% and 7%
“Churn varies between five and seven percent a month.”
Josh Haynam Apr 14, 2018 ▶ 9:50 994 Why Forbes Uses Quizzes Instead of "Opt In Landing Pages"
Apr 14, 2018
Assertion Not checkable as stated
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…”
Josh Haynam Apr 14, 2018 ▶ 1:10 994 Why Forbes Uses Quizzes Instead of "Opt In Landing Pages"
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