Jeremy Greenberg, CEO of SellerCloud, describes customer acquisition costs and trade show marketing strategies to Nathan Latka.
0:00 / 0:29exact quote · 29.9s
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“So we would go to, let's say eBay open, you know, we were a, You know, a silver sponsor or something like that, and, you know, might spend 15, 20,000 dollars, you know, attending a trade show like that, or the internet retailer event. So those are, you know, depending, you know, depending on travel and setting up the booth, it could cost 20, 25,000 dollars to get involved in one of those conferences, but, you know, we maybe meet a hundred, you know, potential clients”
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More from Jeremy Greenberg
AssertionNot checkable as stated
Greenberg: About 90% of SellerCloud revenue comes from per-transaction fees
“About 90% of our revenue is from per transactional type charges.”
Jeremy GreenbergAug 2, 2019▶ 3:221469 How He's Bootstrapped to $7.2M in ARR with Less Than 5 Sales and Marketing People
AssertionNot checkable as stated
Greenberg: SellerCloud grows revenue by around 40% year-over-year consecutively
“Growth rate last year the growth rate's been around 40% each year.”
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Disclosure
Greenberg: SellerCloud is completely bootstrapped
“No, it's all bootstrapped.”
Jeremy GreenbergAug 2, 2019▶ 5:101469 How He's Bootstrapped to $7.2M in ARR with Less Than 5 Sales and Marketing People
AssertionNot checkable as stated
Greenberg: SellerCloud serves over 600 active client accounts
“So we have over 600 clients. You know, some of those clients vary in size. Like I said some of them have over a hundred employees, you know, using, using their account. And some of them are small, you know, like just a few people in the company. But we have ov…”
Jeremy GreenbergAug 2, 2019▶ 5:541469 How He's Bootstrapped to $7.2M in ARR with Less Than 5 Sales and Marketing People
AssertionNot checkable as stated
Greenberg: Bootstrapped SellerCloud generates over $600,000 in monthly recurring revenue
“Yeah, probably a little bit more, but yeah, somewhere in that range.”
Jeremy GreenbergAug 2, 2019▶ 6:251469 How He's Bootstrapped to $7.2M in ARR with Less Than 5 Sales and Marketing People
AssertionNot checkable as stated
Greenberg: SellerCloud generated around $5.1M in revenue in 2017
“So last year in 2017, we did around 5.1 million dollars in revenue.”
Jeremy GreenbergAug 2, 2019▶ 6:341469 How He's Bootstrapped to $7.2M in ARR with Less Than 5 Sales and Marketing People
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