4.6 • 683 Ratings
🗓️ 20 February 2020
⏱️ 12 minutes
🧾️ Download transcript
Retail Guru that has helped many retailers achieve a 360 degree view of the Customer in an Omni Channel world. Specialist in leveraging data and analytics to increase profitable sales. Implement Strategies and Tactics to compete with Amazon and on-line market places.
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0:00.0 | a solution to help brands, especially retailers, become more profitable. |
0:04.0 | 75 customers right now doing about 100 grand per month in revenue. |
0:06.7 | That's up from 70 grand a month just about a year ago. |
0:09.2 | So nice growth. |
0:10.0 | They are bootstrap. |
0:11.1 | They are their EBITDA margins about 10%. |
0:13.1 | So they're profitable, about 10 grand to the bottom line every single month. |
0:15.7 | 45 folks on the team, remote locations, 5% revenue churn per year, but net revenue |
0:20.4 | retention higher than 100%. |
0:22.3 | Spending about 12 grand to get a new customer payback is very quick because of big set-up fees. |
0:28.1 | Hello everyone. My guest today is Ravi, Srinivasa. He is the CEO and founder of a company called |
0:33.1 | Group Fio, a retail that has helped many retailers achieve a 360-degree view of the customer |
0:37.6 | and Omni-Channel world. He's a specialist in leveraging data and analytics to increase |
0:41.7 | profitable sales. He also implements strategies and tactics to compete with Amazon on an online |
0:46.9 | marketplaces. Robbie, are you ready to take us to the top? Absolutely. All right, what does your |
0:52.2 | company do and how do you make money? Is it a pure play SaaS company? |
0:56.0 | Yeah, we're a SaaS-based company. |
0:58.0 | We make money by giving customers a increased value property. |
1:04.0 | So we use all our data analytics and give them an advanced view of targeting customers in order to increase sales. |
1:12.8 | And they love to do business with us because we give them a methodology to increase profitable |
1:17.6 | sales. |
1:18.6 | Okay. |
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