CrewPay Whatupdate No. 34
Hello, crew.
Team Accomplishments & News
- Hat tip to Matt and Sandy for their continued effort working through a few bugs and Dwolla issues.
Product Accomplishments & News
- Product update from Matt: https://docs.google.com/presentation/d/1tz_VPaaRDpffLQlxKq3RtY94pqtXPmfKIFTf4mN3Gv0/edit?usp=sharing
Sales, Marketing & Customer Success Accomplishments & News
- Onboarding Jordan from the Honestly team to serve as engagement lead so we can stay diligent on marketing activities.
- Sent “concierge” campaign to email list (201 people)
- Working on 1099 landing page and Product Hunt re-submission
- Building list for youth coaches
- Scheduling B2B meetings with financial institutions
Revenue & New Client
- 5 transactions last week (16 YTD)
- $2,560 sent last week ( $7,568 YTD)
- 0 new companies, 5 new contractors
- 14 companies, 8 active in the last month
- 98 contractors, 81 active in the last month
- Totals:
- MRR: $405*
- ARR: $4,860 * MRPC: $50.63 The numbers for totals have been off. We’re working on getting true revenue and using active estimates for now.
Closing Thoughts
Our focus over the next 60 days follows two paths.
The first is promoting the 1099 service. We’re offering a “concierge” type service with it now where if the business signs up, all they have to do is send us a file with contractors names, emails and payment amounts. We’ll do the rest. After the end of the month, we’ll tweak the offer for those who didn’t get their 1099s filed in time or forgot.
The second focus is exploring our “enterprise” possibilities. I’ll be meeting with financial institutions to see if CrewPay is something they’d like to add to the tools they offer their business customers. In addition, a second B2B buyer we’ll be targeting is bookkeeping and CFO services.
The team is excited to continue promoting CrewPay as well as finding potential traction with an enterprise audience.
Ever,
David