October 21, 2019

CrewPay Whatupdate No. 23

Hello, crew.

two by 200 Update
(200 active contractors + releasing 1099 services and QBO integration by 12.31 )

• 65 active / 32.5% 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/1W5tCvLwnUgSYDu8Roq6UXZK_PmHwa_LjfwUlMlEzswg/edit?usp=sharing

Sales, Marketing & Customer Success Accomplishments & News

• Started paid advertising focused on marketing agencies, theaters and symphonies ($35/day budget)
• List building

Revenue & New Clients

• 21 transactions last week (412 YTD)
• $32,915 sent last week ( $1.13M YTD)
• 0 new companies, 5 new contractors
• 11 companies, 8 active in the last month
• 86 contractors, 65 active in the last month
• Totals:
  
  • MRR: $422.17* 
  • ARR: $5,064*
  • MRPC: $38.36*

Closing Thoughts

I’m excited we kicked off the paid marketing channel experiment last week. We’ll test multiple segments over the next couple of weeks, looking to warm up cold traffic and start finding a segment that converts.

On the product side, we’re in testing for our initial QBO integration. Soon, we’ll be submitting it for review in their App Store.

Good stuff to come.

Have a great week.

Ever,
David