Assertion certainty 4/5 debate potential 1/5

Gerrie: 30% of ZigZag revenue is recurring SaaS subscriptions

Al Gerrie · ZigZag Hits $5m Revenue Helping Brands Like Gap Manage Returns · Jun 26, 2020 · at 3:52

Al Gerrie, founder and CEO of ZigZag Global, discusses the breakdown of the company's hybrid monetization model.

0:00 / 0:11exact quote · 11.9s
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“The majority of our revenue is in transaction fees as we're growing every month with the more fees that we do. But about 30% of what we do is recurring.”

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More from Al Gerrie

Assertion Not checkable as stated
Gerrie: ZigZag acquires customers for under 10% of annual contract value
“Less than 10%.”
Al Gerrie Jun 26, 2020 ▶ 14:28 ZigZag Hits $5m Revenue Helping Brands Like Gap Manage Returns
Assertion Supported
Gerrie: E-commerce return rates reach 25% in UK, 70% in Germany
“In somewhere like the UK that rates about 25% in Germany, There might be 70% returns rate,”
Al Gerrie Jun 26, 2020 ▶ 6:22 ZigZag Hits $5m Revenue Helping Brands Like Gap Manage Returns
Insight
Gerrie: E-commerce shoppers now routinely buy six items and return four
“Customer expectation has changed over the last few years from what was normal to maybe return a couple of items. Now it's normal to buy five or six items and return three or four.”
Al Gerrie Jun 26, 2020 ▶ 10:10 ZigZag Hits $5m Revenue Helping Brands Like Gap Manage Returns
Assertion Supported
Gerrie: Maersk has invested in ZigZag and joined its board
“So Maersk have invested in in Zigzag and also joined, joined the board as well.”
Al Gerrie Jun 26, 2020 ▶ 15:26 ZigZag Hits $5m Revenue Helping Brands Like Gap Manage Returns
Disclosure
Gerrie: ZigZag works with Topshop, Selfridges, Superdry, Gant
“And we're working with a number of different both national and international retailers like Topshop, Selfridges, Superdry, Gantt.”
Al Gerrie Jun 26, 2020 ▶ 3:02 ZigZag Hits $5m Revenue Helping Brands Like Gap Manage Returns
Disclosure
Gerrie: ZigZag has raised over £5M in total funding
“So we've raised over five million today.”
Al Gerrie Jun 26, 2020 ▶ 8:11 ZigZag Hits $5m Revenue Helping Brands Like Gap Manage Returns
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