Arun Saigal is the co-founder and CEO of Thunkable, a no-code mobile app builder. He discusses planned pricing strategy with Nathan Latka.
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“We're targeting something around 20 bucks per month.”
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More from Arun Saigal
Opinion
Saigal: 80-90% of app store apps can be built on Thunkable
“80 to 90% of those apps are pretty simple and should be able to be built on Funkable.”
Arun SaigalOct 25, 2017▶ 10:54823: SaaS: Pre Rev SF Based with $3.3m Raised Aiming to Help SMB's Build Mobile Apps, Will People Pay?
PredictionNot checkable as stated
Saigal predicts 5% to 10% of Thunkable users will convert to paying customers
“We have good indications that, you know, hopefully five to 10% of our folks will be paying us. But as you said, until we actually prove it out, it's not certain.”
Arun SaigalOct 25, 2017▶ 12:22823: SaaS: Pre Rev SF Based with $3.3m Raised Aiming to Help SMB's Build Mobile Apps, Will People Pay?
AssertionNot checkable as stated
Saigal: Seven million users have built apps on Thunkable's platforms
“You'll see that, you know, we already have some between our open source and proprietary stuff, some seven million people who have built apps on our platform.”
Arun SaigalOct 25, 2017▶ 4:13823: SaaS: Pre Rev SF Based with $3.3m Raised Aiming to Help SMB's Build Mobile Apps, Will People Pay?
Disclosure
Saigal: Thunkable charges high five figures annually for API integrations
“We're talking usually five figure kind of high five figures.”
Arun SaigalOct 25, 2017▶ 5:57823: SaaS: Pre Rev SF Based with $3.3m Raised Aiming to Help SMB's Build Mobile Apps, Will People Pay?
AssertionSupported
Saigal: 100,000 Yemeni Families Manage Solar Power via a Thunkable App
“So there was a young guy in Yemen who found Thunkable, built an app on us, and now there are about a 100,000 families in Yemen who manage their solar power through this app that this guy who didn't know how to code built on our product.”
Arun SaigalOct 25, 2017▶ 7:51823: SaaS: Pre Rev SF Based with $3.3m Raised Aiming to Help SMB's Build Mobile Apps, Will People Pay?
Disclosure
Thunkable aims for $10k monthly recurring revenue by December 2017
“From this model, 10,000 bucks a month. Something low, but something that proves out that people are willing to pass. That's more important to us right now than seeing, you know,”
Arun SaigalOct 25, 2017▶ 12:45823: SaaS: Pre Rev SF Based with $3.3m Raised Aiming to Help SMB's Build Mobile Apps, Will People Pay?
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