Acuity Scheduling founder Gavin Zuchlinski explains why his freemium business model achieves an unusually high paid conversion rate among active users.
0:00 / 0:06exact quote · 6.5s
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“About 85% of our active users are actually on paid accounts. And only 15% on free ones.”
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More from Gavin Zuchlinski
Disclosure
Zuchlinski avoids scaling profitable marketing channels to prevent hiring staff
“When we find a profitable channel, I don't add more money into there. Just cause I said, I don't actually like hiring people that keeps me happy, keeps our team small, reduces communication overhead and keeps our customers happy too”
Gavin ZuchlinskiSep 26, 2016▶ 13:29EP 429: SaaS w/ 16,000 Customers, 2007 Launched to Help Schedule, with CEO Gavin Zuchlinski
Insight
Zuchlinski keeps his team small primarily for his own enjoyment
“I think that it has all sorts of secondary benefits to when you keep things small, but the primary one is making it easy and manageable and enjoyable for myself.”
Gavin ZuchlinskiSep 26, 2016▶ 7:47EP 429: SaaS w/ 16,000 Customers, 2007 Launched to Help Schedule, with CEO Gavin Zuchlinski
AssertionNot checkable as stated
Acuity Scheduling monthly gross customer churn is roughly 8%
“Gross customer churn is about eight percent per month.”
Gavin ZuchlinskiSep 26, 2016▶ 16:05EP 429: SaaS w/ 16,000 Customers, 2007 Launched to Help Schedule, with CEO Gavin Zuchlinski
Insight
Zuchlinski targets a one-month CAC payback period for marketing channels
“I, when I'm looking at a channel, if it's successful, I like to earn it back within a month.”
Gavin ZuchlinskiSep 26, 2016▶ 19:18EP 429: SaaS w/ 16,000 Customers, 2007 Launched to Help Schedule, with CEO Gavin Zuchlinski
AssertionNot checkable as stated
Acuity Scheduling has been profitable since its very first day
“Acuity had been profitable since day one”
Gavin ZuchlinskiSep 26, 2016▶ 7:27EP 429: SaaS w/ 16,000 Customers, 2007 Launched to Help Schedule, with CEO Gavin Zuchlinski
AssertionNot checkable as stated
Acuity Scheduling active users and revenue are growing 10% month-over-month
“So right now we're at about a 10% month over month increase in all of that.”
Gavin ZuchlinskiSep 26, 2016▶ 9:23EP 429: SaaS w/ 16,000 Customers, 2007 Launched to Help Schedule, with CEO Gavin Zuchlinski
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