Adam Fields, founder and CEO of ARTA, outlines the company's two-part revenue model combining B2B SaaS fees with transaction margins.
0:00 / 0:13exact quote · 13.3s
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“So we're being paid for our software by the merchant or the seller, and then on the transaction we're taking some margin services whether that's shipping or insurance.”
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More from Adam Fields
Opinion
Collectibles are among the last retail segments transformed by the internet
“The collectible ecosystem in our mind is really one of the last segments of retail to be transformed by the internet.”
Adam FieldsJan 19, 2022▶ 1:31Logistics API Software for Collectibles Breaks $75k in MRR After Pivot Away from Marketplace
Insight
Deep operational embedding creates stickier B2B solutions than external marketplaces
“If you can find a way to more deeply embed yourself into these operations, All of a sudden you're becoming a more scalable and sticky solution.”
Adam FieldsJan 19, 2022▶ 10:34Logistics API Software for Collectibles Breaks $75k in MRR After Pivot Away from Marketplace
Disclosure
ARTA pivoted from a marketplace model to an integrated end-to-end API
“We started as a marketplace and pivoted pretty hard away from a marketplace more towards an integrated option as we saw people needing an end to end solution.”
Adam FieldsJan 19, 2022▶ 2:27Logistics API Software for Collectibles Breaks $75k in MRR After Pivot Away from Marketplace
AssertionNot checkable as stated
ARTA's revenue doubled quarter-over-quarter since its April API launch
“We launched in, in April and it pretty much doubled you know, quarter of a quarter since then.”
Adam FieldsJan 19, 2022▶ 7:01Logistics API Software for Collectibles Breaks $75k in MRR After Pivot Away from Marketplace
AssertionNot checkable as stated
ARTA processed hundreds of thousands monthly in pre-COVID marketplace GMV
“Revenue pre COVID we were doing a couple 100,000 dollars a month, you know, again, working with some of the largest you know, more offline merchants in the space.”
Adam FieldsJan 19, 2022▶ 10:11Logistics API Software for Collectibles Breaks $75k in MRR After Pivot Away from Marketplace
AssertionNot checkable as stated
ARTA maintained a 10% to 20% take rate on marketplace volume
“No, we were making like 10 to 20%.”
Adam FieldsJan 19, 2022▶ 10:57Logistics API Software for Collectibles Breaks $75k in MRR After Pivot Away from Marketplace
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