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SalesNexus

13 statements across 1 episodes · 5 bullish · 0 bearish · 1 people on the record · first statement Jun 18, 2019 by Craig Klein · said 5 times in 1 episodes since 2019 · across every show →

Mentions by year

brought up most by Nathan Latka (5)

tap a year for its mentions
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2019 5 mentions in 1 episode

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Everything said about SalesNexus, oldest first

Jun 18, 2019 neutral
Assertion Not checkable as stated
Klein: SalesNexus customer acquisition cost is around $300
“So it's around 300 bucks.”
Craig Klein Jun 18, 2019 ▶ 11:38 1424 He Launched CRM in 2003, Bootstrapped, now $3.5m in ARR
Jun 18, 2019 positive
Assertion Not checkable as stated
Klein: SalesNexus has an average customer lifetime of five years
“Ours is five years.”
Craig Klein Jun 18, 2019 ▶ 9:00 1424 He Launched CRM in 2003, Bootstrapped, now $3.5m in ARR
Jun 18, 2019
Assertion Not checkable as stated
Klein: Average SalesNexus customer has 3-4 users paying $150-$200 monthly
“Well, our average customer is about three or four users. You know, so they're paying a 152 hundred dollars a month.”
Craig Klein Jun 18, 2019 ▶ 3:29 1424 He Launched CRM in 2003, Bootstrapped, now $3.5m in ARR
Jun 18, 2019
Assertion Not checkable as stated
Klein: Adding marketing automation allowed SalesNexus to raise prices
“We added probably five years in our marketing automation capabilities, or at least we began to layer those in. And so that allowed us to increase prices.”
Craig Klein Jun 18, 2019 ▶ 7:37 1424 He Launched CRM in 2003, Bootstrapped, now $3.5m in ARR
Jun 18, 2019 positive
Disclosure
Klein: SalesNexus bundles in-house implementation unlike competitors
“One of the things that we do is that's different is we include the implementation service In the in what we provide, we don't farm that out to consultants like most of our competitors.”
Craig Klein Jun 18, 2019 ▶ 5:08 1424 He Launched CRM in 2003, Bootstrapped, now $3.5m in ARR
Jun 18, 2019 positive
Assertion Not checkable as stated
Klein: SalesNexus experiences an annual customer churn rate of about 10%
“Cause we, that's about right. About every year it's about 10%.”
Craig Klein Jun 18, 2019 ▶ 9:27 1424 He Launched CRM in 2003, Bootstrapped, now $3.5m in ARR
Jun 18, 2019
Assertion Not checkable as stated
Klein: One-third of SalesNexus accounts are long-standing single users
“I'd say a third or so of our Businesses single user accounts, you know, they've been with years and years and years.”
Craig Klein Jun 18, 2019 ▶ 7:02 1424 He Launched CRM in 2003, Bootstrapped, now $3.5m in ARR
Jun 18, 2019 positive
Assertion Not checkable as stated
Klein: SalesNexus has scaled to approximately 5,000 customers
“Now we're at about 5000.”
Craig Klein Jun 18, 2019 ▶ 4:57 1424 He Launched CRM in 2003, Bootstrapped, now $3.5m in ARR
Jun 18, 2019
Assertion Not checkable as stated
Klein: SalesNexus generates approximately $3.5 million in annual revenue
“We're doing About three and a half.”
Craig Klein Jun 18, 2019 ▶ 6:09 1424 He Launched CRM in 2003, Bootstrapped, now $3.5m in ARR
Jun 18, 2019 neutral
Disclosure
SalesNexus spends $10k–$15k monthly on paid online ads
“We're spending around 10 to 15 K.”
Craig Klein Jun 18, 2019 ▶ 10:44 1424 He Launched CRM in 2003, Bootstrapped, now $3.5m in ARR
Jun 18, 2019
Disclosure
Klein: SalesNexus has a total team size of about 20 people
“Oh, we're about 20 people.”
Craig Klein Jun 18, 2019 ▶ 12:38 1424 He Launched CRM in 2003, Bootstrapped, now $3.5m in ARR
Jun 18, 2019 positive
Insight
Klein: Onboarding customization is the key ingredient for CRM retention
“We got to get them to customize it, right? That's the, that's our magic ingredient.”
Craig Klein Jun 18, 2019 ▶ 9:51 1424 He Launched CRM in 2003, Bootstrapped, now $3.5m in ARR
Jun 18, 2019 neutral
Opinion
Klein: Salesforce beat SalesNexus by raising 'a shitload more money'
“Well, he raised a shitload more money than me.”
Craig Klein Jun 18, 2019 ▶ 3:15 1424 He Launched CRM in 2003, Bootstrapped, now $3.5m in ARR
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