The Ledger
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Carr projects Carrot will reach $3.5M in total GMV in 2021
“So we've done about 1.5 today. We've got another two million that will come in by the end of the year.”
Carr: Carrot operates on a 3% take rate for gift cards
“So the gift cards, it's very thin margin. It's three percent.”
Carr: Carrot generated nearly $40K in net platform revenue in July 2021
“So net platform revenue is for last month was closer to 40 K.”
Carrot spends 5K to 7K CAD monthly on direct advertising
“All in direct advertising costs are between five to seven K Canadian a month.”
Carrot generates 50 to 60 inbound leads per month
“We get per month, 50 to 60 reasonably qualified leads in the form of demo requests and free trials.”
Carrot converts approximately five new paying customers monthly
“We're converting about five customers a month, five paying customers a month.”