David Erickson, founder of FreeConferenceCall.com, discusses daily customer acquisition rates.
0:00 / 0:06exact quote · 6.5s
720p mp4 · rendered on demand · StarZero watermark
“On an average day, we'll see anywhere between two to 3000 new customers come to free conference call on a single day.”
quote is from the automated transcript, cleaned for reading:
filler sounds and stutters are removed, nothing is rephrased. names can be misheard
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More from David Erickson
Insight
Erickson: Free features are cheaper than maintaining a sales team
“If I give away something like free recording, that's a lot cheaper than having a Salesforce. And a sales force, right? Goes out and sells your stuff because you don't give free, free recording.”
David EricksonDec 30, 2017▶ 16:20889 1% of Humanity Uses This Bootstrapped Tool, $100m+ Revenue
AssertionNot checkable as stated
Telecom carriers pay FreeConferenceCall.com directly to route cross-country traffic
“Oh, so, you know, what's interesting is, is a lot of it came from actually taking the free conference call network and exposing it to, you know, the big carriers. So a lot of our connectivity now is direct. So where the carriers pay us to actually transport th…”
David EricksonDec 30, 2017▶ 19:01889 1% of Humanity Uses This Bootstrapped Tool, $100m+ Revenue
AssertionContradicted
FreeConferenceCall.com is the third-largest US conferencing provider
“But all of the other guys had done a lot of purchases, you know, acquisitions to gain base as opposed to, but we're about, I think we're the third largest in this country.”
David EricksonDec 30, 2017▶ 10:00889 1% of Humanity Uses This Bootstrapped Tool, $100m+ Revenue
Disclosure
David Erickson rejected a $250 million acquisition offer for FreeConferenceCall.com
“Right around a quarter of a billion dollars.”
David EricksonDec 30, 2017▶ 13:50889 1% of Humanity Uses This Bootstrapped Tool, $100m+ Revenue
AssertionNot checkable as stated
Bootstrapped FreeConferenceCall.com surpassed $100 million in top-line revenue in 2016
“In 2016, we were up over a hundred million on top line, and I'm not sharing the bottom.”
David EricksonDec 30, 2017▶ 17:25889 1% of Humanity Uses This Bootstrapped Tool, $100m+ Revenue
Disclosure
Erickson built FreeConferenceCall completely debt-free and without institutional capital
“Well, we've never taken any institutional funds and we don't believe in debt here. So we're debt free.”
David EricksonDec 30, 2017▶ 2:20889 1% of Humanity Uses This Bootstrapped Tool, $100m+ Revenue
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