4 Matching Annotations
- Dec 2022
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www.starterstory.com www.starterstory.com
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Our MRR is around $8,500, but our MRR growth rate is pretty low and flat (around 1% - again, primarily by choice). Customer lifetime value is $940, and revenue churn is 4-5%.
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Fortunately, InfluenceKit also has a ‘viral’ customer acquisition feature built-in. The main thing our users want to do with InfluenceKit is to generate and then share a report.
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Word of mouth has been our strongest marketing channel. We focus on providing ridiculously good customer support, and I think that goes a long way toward reinforcing people’s positive feelings about us. A couple of podcast appearances and conferences have helped spread awareness, but really, we’re still relying on people to tell their peers about us.
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Our early growth (actually, still the case today) came from word of mouth. Just bloggers telling other bloggers about us.
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