SaleCycle reports customer lifetime value of just under $400,000
Dominic Edmonds · 1237 Why He Gave Up $5m Agency for Customer Data SaaS Play · Dec 13, 2018 · at 16:12
SaleCycle founder Dominic Edmonds shares customer retention and lifetime value metrics on Nathan Latka's podcast.
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“So our LTV at this moment, as it continues to grow, sits just under 400,000 dollars.”
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SaleCycle transitioned to a 100% flat fee pricing model
“And now we've moved into a 100% flat fee model, which again matches with the same kind of fees people would have been paying us on average, but it smooths it out rather than making it choppy, I guess.”
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SaleCycle averages around $5,000 per month in customer MRR
“Yeah, on average, you'd be looking at a monthly MRR, which is technically what we live in. We'd be talking around about the 5000 dollars a month, Mark.”