The Ledger
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Amaker has no exit plan for Systeme.io, targeting $50M revenue
“People ask me all the time, like, hey, what's your exit plan? I'm like, I don't have any exit plan. I love what I do. I want to take this business to, I don't know, 2030, 40, fifty millions in revenue.”
Affiliates drive 70% of Systeme.io's sales, earning $100,000 monthly
“70% of our sales come from our affiliate program. We pay our affiliates over a 100,000 US dollars per month. So we pay 40% lifetime commissions to our affiliates.”
Systeme.io generates over $400,000 in monthly recurring revenue
“And today we do over 400,000 dollars in revenue per month.”
Systeme.io grew from €1.5M revenue in 2019 to €3M in 2020
“We were at 1.5 at the end of 2019. And we did three millions in revenue in 2020.”
Amaker projects Systeme.io will reach close to €5M revenue in 2021
“And this year, I think that we're going to do I hope close to five million. I'm talking euros, right? So that would be close to six million dollars in revenue this year, 2021.”
Systeme.io gained 400 customers and €10,000 MRR at launch
“Awesome, so after the launch, we had our first, I think it was 400, First customer. So it was close to 10,000 euros per month in revenue, which was great.”
Systeme.io sees €50 ARPU in English markets versus €32 in France
“So in the French market, it's 32 euros and in the, it's weird because in the English market, I just found out that it was a lot more. It was like 50% more, like 50 euros per month.”
Systeme.io has surpassed 8,000 paying customers
“So we have 8000, a little bit over 8000 paying customers.”
Systeme.io nets €80k to €100k monthly profit on $400k revenue
“So today it's about, it's between 80 and a hundred.”
Launching a freemium plan lowered Systeme.io's monthly churn to 8%
“So we have a high churn. It was like nine to 10%. Now we've got lower it's getting closer to eight percent because we launched a freemium plan. That was three months ago. So with freemium, because people have more time to actually experience the product, the c…”