Leo Bassam, founder of Plutio, details revenue figures from their AppSumo Black Friday promotion in a discussion with Nathan Latka.
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“200,000 dollars.”
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More from Leo Bassam
Disclosure
Bassam: Plutio's monthly logo churn is around 5%
“Our churn is quite low at the moment. It's at five percent or so.”
Leo BassamDec 15, 2019▶ 3:501604 Would You Sell "One Time For Life" Plans If You're Trying to Build an Enduring SaaS Company?
AssertionNot 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 BassamDec 15, 2019▶ 3:071604 Would You Sell "One Time For Life" Plans If You're Trying to Build an Enduring SaaS Company?
AssertionNot checkable as stated
Bassam: 400 AppSumo users upgraded to Plutio's $9/month add-on
“I would say 400 or so.”
Leo BassamDec 15, 2019▶ 3:341604 Would You Sell "One Time For Life" Plans If You're Trying to Build an Enduring SaaS Company?
AssertionNot 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 BassamDec 15, 2019▶ 6:491604 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 BassamDec 15, 2019▶ 14:441604 Would You Sell "One Time For Life" Plans If You're Trying to Build an Enduring SaaS Company?
AssertionNot 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 BassamDec 15, 2019▶ 1:001604 Would You Sell "One Time For Life" Plans If You're Trying to Build an Enduring SaaS Company?
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