Mike Donnelly is the founder and CEO of email delivery optimization platform Seventh Sense, discussing the company's SaaS business metrics.
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“Our poos are around 220 bucks a month. We've got 136 customers today. So around 30 K and annual recurring or sorry, monthly recurring revenue.”
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More from Mike Donnelly
AssertionNot checkable as stated
Donnelly: Seventh Sense delivers 18% to 24% average click rate increases
“And then where the system has the biggest impact is click rates and conversions where we on average see anywhere from an 18 to 24% average increase in click rates.”
Mike DonnellyAug 14, 2018▶ 14:141116 CEO: "We're definitely too cheap"
AssertionNot checkable as stated
Donnelly: Optimal send times reduce website bounce rates by 30% to 40%
“We've actually seen bounce rage drop. In an order of 30 to 40%, because again, they're willing to spend more time on your website because you've connected with them at a, you know, at a more optimal time.”
Mike DonnellyAug 14, 2018▶ 14:431116 CEO: "We're definitely too cheap"
AssertionNot checkable as stated
60% of churned Seventh Sense users resubscribe at new jobs
“And what's interesting is we have seen probably 60% of our churn has actually signed back up with us when they go to a different company.”
Mike DonnellyAug 14, 2018▶ 17:161116 CEO: "We're definitely too cheap"
Disclosure
Donnelly: Seventh Sense would reject a $1M acquisition offer
“Absolutely not.”
Mike DonnellyAug 14, 2018▶ 18:271116 CEO: "We're definitely too cheap"
AssertionNot checkable as stated
Seventh Sense grew MRR from $10K to $30K in 13 months
“13 months ago, we were around 10 K in MR.”
Mike DonnellyAug 14, 2018▶ 4:351116 CEO: "We're definitely too cheap"
Disclosure
Donnelly: Seventh Sense pricing ranges from $100 to $3,000 monthly
“Our smallest subscription starts at a hundred a month. And then our largest today is three grand a month. And then, so if you've got a list of a 100,000 people, that's 600 dollars a month.”
Mike DonnellyAug 14, 2018▶ 15:201116 CEO: "We're definitely too cheap"
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