CrewPay Whatupdate No. 22
Hello, crew.
two by 200 Update
(200 active contractors + releasing 1099 services and QBO integration by 12.31 )
- 63 active / 31.5% of goal
- 1099: in development
- QBO: in development
Team Accomplishments & News
- Not this week
Product Accomplishments & News
- Product Update from Matt: https://docs.google.com/presentation/d/19yXxAN6ZZIXdHIe9AzPHPnVrdaAcPHkTJT8JoCaaVvc/edit?usp=sharing
Sales, Marketing & Customer Success Accomplishments & News
- Sales outreach
- List building
- Digital advertising planning
Revenue & New Clients
- 19 transactions last week (391 YTD)
- $61,507 sent last week ( $1M YTD)
- 0 new companies, 2 new contractors
- 11 companies, 8 active in the last month
- 82 contractors, 63 active in the last month
- Totals:
- MRR: $422.17*
- ARR: $5,064*
- MRPC: $38.36*
- MRR: $422.17*
Closing Thoughts
We made progress again this week on the Quickbooks integration. Our goal is to get CrewPay into the Quickbooks App Store by the time their “Connect” conference happens in November.
We’re also working towards improving our intelligence into the users of the application so we can identify activation and expansion opportunities. The nature of a product like CrewPay enables it to have some vitality. How many contractors paid by one company on the platform could invite other “payer” companies? Our hypothesis is it’s high. When I was a freelancer, I averaged around nine 1099’s per year.
As we work to build out more product-led growth, we still need to increase our top-of-the-funnel awareness. This is my main focus right now — telling more people about CrewPay.
Have a great week.
Ever,
David