Disclosure certainty 4/5 debate potential 2/5

Bassam: Plutio's monthly logo churn is around 5%

Leo Bassam · 1604 Would You Sell "One Time For Life" Plans If You're Trying to Build an Enduring SaaS Company? · Dec 15, 2019 · at 3:50

Leo Bassam is the founder of Plutio, a freelance management SaaS platform, discussing customer retention with host Nathan Latka.

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“Our churn is quite low at the moment. It's at five percent or so.”

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More from Leo Bassam

Assertion Not checkable as stated
Bassam: Plutio acquired about 7,000 users from AppSumo launch
“We've got about 7000 users out of the AppSumo launch back in last year.”
Leo Bassam Dec 15, 2019 ▶ 3:07 1604 Would You Sell "One Time For Life" Plans If You're Trying to Build an Enduring SaaS Company?
Assertion Not checkable as stated
Bassam: 400 AppSumo users upgraded to Plutio's $9/month add-on
“I would say 400 or so.”
Leo Bassam Dec 15, 2019 ▶ 3:34 1604 Would You Sell "One Time For Life" Plans If You're Trying to Build an Enduring SaaS Company?
Assertion Not checkable as stated
Bassam: Started first business at 15 with Dubai International Airport as client
“Running my first business, which I started when I was 15. That's about 10 years ago with my, with Dubai International Airport as my first being client.”
Leo Bassam Dec 15, 2019 ▶ 6:49 1604 Would You Sell "One Time For Life" Plans If You're Trying to Build an Enduring SaaS Company?
Assertion Not checkable as stated
Bassam: Plutio generated $200,000 in 24 hours via AppSumo deal
“200,000 dollars.”
Leo Bassam Dec 15, 2019 ▶ 10:36 1604 Would You Sell "One Time For Life" Plans If You're Trying to Build an Enduring SaaS Company?
Disclosure
Bassam: Plutio will not run any more lifetime deals
“This is the last time we're doing it. We're not doing any more lifetime deals or Black Friday lifetime deals.”
Leo Bassam Dec 15, 2019 ▶ 14:44 1604 Would You Sell "One Time For Life" Plans If You're Trying to Build an Enduring SaaS Company?
Assertion Not checkable as stated
Bassam: Plutio reaches approximately £4,000 in monthly recurring revenue
“And currently we're at four 4000 pounds in recurring revenue, which is roughly 600 dollars a month.”
Leo Bassam Dec 15, 2019 ▶ 1:00 1604 Would You Sell "One Time For Life" Plans If You're Trying to Build an Enduring SaaS Company?
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