Patrick Stiles is the founder of Vidalytics, a video hosting platform. He shares the company's churn metrics with host Nathan Latka.
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“So our logo churn is about 5.7.”
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More from Patrick Stiles
Insight
Patrick Stiles says SaaS combines physical product value with digital scale
“So SAS is just, you know, it's way more scalable. It has the perceived value of a physical product, but at the end of the day, it's basically an info product. It's intellectual property on a server and it doesn't have those compliance issues.”
Patrick StilesMar 7, 2019▶ 6:091321 How he got his first $10k in MRR competing with Wistia
Disclosure
Vidalytics killed its freemium tier in favor of 14-day trials
“Well, we killed our free plans and nothing. So all they can get right now is a two week trial without paying.”
Patrick StilesMar 7, 2019▶ 7:461321 How he got his first $10k in MRR competing with Wistia
Insight
Patrick Stiles found pure video analytics lacked stickiness for internet marketers
“Some of the people that found us and really liked us were geeky and really kind of data inclined, but for the market that we wanted to go after, which was, you know, internet marketers we found that it wasn't quite kind of sticky enough to get that traction.”
Patrick StilesMar 7, 2019▶ 9:391321 How he got his first $10k in MRR competing with Wistia
Disclosure
Vidalytics pays up to 40% lifetime recurring commissions to affiliate partners
“It can be 40% reoccurring for life in some cases.”
Patrick StilesMar 7, 2019▶ 13:061321 How he got his first $10k in MRR competing with Wistia
AssertionNot checkable as stated
Vidalytics customers pay an average of $100 per month
“Well, our average is a hundred bucks a month, but it can go up to a thousand for some of our users.”
Patrick StilesMar 7, 2019▶ 3:371321 How he got his first $10k in MRR competing with Wistia
Disclosure
Patrick Stiles bootstrapped Vidalytics with six figures of personal capital
“It's six figures.”
Patrick StilesMar 7, 2019▶ 4:061321 How he got his first $10k in MRR competing with Wistia
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