Yes revenue was only just up from last quarter so the deals been signed a small. Matt said back in November las year that direct marketing have 20 meeting a week which is 1000 per year of which 70% trial and of those 70% convert which means around 10 per week or 500 per year should become paid customers. So that 125 per quarter.
Freemium customers was noted to convert at 10% in this report of which there are 4000. so thats 400 a year or 100 per quarter.
So the average of paing customer is tiny.
So thats 225 new customers per quarter , so either customers are leaving as new one comes on - the churn is big in other words, or the sign up rate isnt true.
All the chips are on Google it appears.
We havent seen any update on the decacorns and unicorns that were trialling nearly 6 months ago.If some have signed and im missed them that makes the average spend of new clients even worse.
Just not adding up to me
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