Harris: SpringBig sees about 0.5% monthly gross revenue churn
Jeffrey Harris · SpringBig Raised $11.5m on $100m Valuation at $20m Revenue in Niche CRM Space · Feb 21, 2021 · at 12:23
Jeffrey Harris, founder and CEO of cannabis CRM platform SpringBig, discusses retention and revenue churn metrics with Nathan Latka.
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“On a monthly basis, anywhere between a half a percent.”
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“So they pay us on average about 18,000 dollars a year.”
Harris: SpringBig client monthly spend ranges from $450 to $60,000
“We have some guys that are actually paying 20, 30, even 60,000 dollars a month, and we have some paying as low as four 50 a month.”