Indrek Põldvee, co-founder of Sorry as a Service, explains the company's SaaS pricing model to Nathan Latka.
0:00 / 0:04exact quote · 4.1s
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“It's starting from thousand pounds a month, so to say.”
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More from Indrek Põldvee
AssertionNot checkable as stated
Sorry as a Service had the lowest burn rate in Techstars London
“And it was funny because we were in textiles, London. We had the biggest team, but the lowest burn rate.”
Indrek PõldveeJul 3, 2019▶ 8:591439 Does sending physical gifts increase LTV of customers?
AssertionNot checkable as stated
Physical gifting yields 2.6x higher ROI than vouchers for British Telecom
“We have some results with British Telecom where we have, and some other customers where we have actually shown that our ROI is two point six times higher than normally you give vouchers and other things. So it makes more money.”
Indrek PõldveeJul 3, 2019▶ 12:441439 Does sending physical gifts increase LTV of customers?
Disclosure
Sorry as a Service rejects seasonal enterprise clients to protect artisan suppliers
“And we actually don't like to work with these companies because they don't give us steady, steady volumes. And because all the items we are shipping, it's handmade. Our bakers also need some kind of minimum volume.”
Indrek PõldveeJul 3, 2019▶ 15:471439 Does sending physical gifts increase LTV of customers?
AssertionNot checkable as stated
Sorry as a Service ships 400 to 500 items daily
“We are sending like a four or 500 items per day.”
Indrek PõldveeJul 3, 2019▶ 4:331439 Does sending physical gifts increase LTV of customers?
Disclosure
Founder pitched during job interviews to land his first startup customers
“I had two job interviews, which I turned into customers. Because in the end of the job, job interview, I realized like, ah, damn, this is not very passionate. And I told them, Hey, okay, I this job is interesting, but I was in a hackathon and let me know what …”
Indrek PõldveeJul 3, 2019▶ 7:421439 Does sending physical gifts increase LTV of customers?
AssertionNot checkable as stated
Sorry as a Service makes 5% to 15% margins on physical items
“Yeah, yeah, five, 10, 15, depends how much we get.”
Indrek PõldveeJul 3, 2019▶ 18:391439 Does sending physical gifts increase LTV of customers?
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