Getting to €20k in MRR in 90 days
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Getting to €20k in MRR in 90 days
1–10 of 38 posts
Re: Getting to €20k in MRR in 90 days
#2Is it recurring revenue if it hasn't recurred yet?
Re: Getting to €20k in MRR in 90 days
#3I thought no-one would bother filling out contact details / CC number without getting to a desktop first. After looking at your data and then checking my own analytics, I'm wrong.
Even for Candy Japan, I see 13% of conversions from mobile, 12% from tablet. And this despite the site not being designed for mobile at all. Sounds like fixing my mobile side might actually be a great opportunity for getting some more conversions.
Re: Getting to €20k in MRR in 90 days
#4Is it recurring revenue if it hasn't recurred yet?
Of course it is... they just don't know the churn rate (or CAC) yet -- both of which are crucial to the recurring revenue value equation.
Re: Getting to €20k in MRR in 90 days
#5I like the acquisition success story, people bash on Facebook ads but they're probably the best online channel when you have a very specific audience you want to target with high reach (dog owners, UK&I)
Just doesn't work as well for retail products / subscriptions when your audience is not necessarily ready to buy, and you just end up with worthless likes and no conversions.
For instance, FB targeting women 25-35 for online clothes shopping probably results in lower conversion rates than Google, even though the audience demographics could be the same, because search translates to buying intent.
Re: Getting to €20k in MRR in 90 days
#6I thought no-one would bother filling out contact details / CC number without getting to a desktop first. After looking at your data and then checking my own analytics, I'm wrong. Even for Candy Japan, I see 13% of conversions from mobile, 12% from tablet. And this despite the site not being designed for mobile at all. Sounds like fixing my mobile side might actually be a great opportunity for getting some more conve…
Plus there should be some SEO benefits too. So it should work two fold.
I've seen a site of mine move from mid-30% mobile traffic this time last year, now up to over 50%. I was surprised with the amount and the change over the last 12 months.
Re: Getting to €20k in MRR in 90 days
#7I wonder what the gross profits are.
Re: Getting to €20k in MRR in 90 days
#8I wonder what the gross profits are.
Niall the CEO of company here. We are pretty close to 50 depending on where they ship to, what package people go on etc. It starts to get way more interesting with volume though at 5000+ boxes providing we get that far!
Re: Getting to €20k in MRR in 90 days
#9I like the acquisition success story, people bash on Facebook ads but they're probably the best online channel when you have a very specific audience you want to target with high reach (dog owners, UK&I) Just doesn't work as well for retail products / subscriptions when your audience is not necessarily ready to buy, and you just end up with worthless likes and no conversions. For instance, FB targeting women 25-35 fo…
We wouldn't have had the growth we have had without Facebook. Its the most targeted and cost effective ad platform the world has ever seen. Not suited to every business of course but I do think a lot of people underestimate just how effective it can be.
Re: Getting to €20k in MRR in 90 days
#10I like the acquisition success story, people bash on Facebook ads but they're probably the best online channel when you have a very specific audience you want to target with high reach (dog owners, UK&I) Just doesn't work as well for retail products / subscriptions when your audience is not necessarily ready to buy, and you just end up with worthless likes and no conversions. For instance, FB targeting women 25-35 fo…
We wouldn't have had the growth we have had without Facebook. Its the most targeted and cost effective ad platform the world has ever seen. Not suited to every business of course but I do think a lot of people underestimate just how effective it can be.
Don't you get tons of fake likes? Because my experience is that the majority of the likes I got were fake.