![]() Sramana Mitra: What is the percentage distribution today? You started with 100% in revenue share mode. On an average timeframe, I would say it’s cut in half. We’ve now done it in 10 days and 20 days. ![]() Sramana Mitra: Is that still the case? Does it still take 60 to 90 days to ramp up an account?īrad Lea: Ironically, yes because there’s a lot of planning, production, and development that goes into a full motion interactive VT system. There was a difference in varying degree. Usually, it would take between 60 and 90 days for them to become revenue-generating. ![]() Sramana Mitra: How long did it take for these accounts to monetize and start paying back? How long before you brought on a client that would start turning into revenues?īrad Lea: That’s a great question. Sramana Mitra: So in the beginning, you basically had to give people the software and convince them to get on the fee model. Sramana Mitra: Getting to that $1 million milestone, what percentage of your revenue was in the revenue share mode and what percentage was in the per user pricing model?īrad Lea: 100% was in the revenue share mode back then. We would knock on doors and wait until we got in front of them. We would find and select a target and camp outside their office. Sramana Mitra: What is your customer acquisition strategy? Were you basically calling these people who have motivational speaking or other kinds of training programs and just direct-selling them into your technology?īrad Lea: Yes, pretty much.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |