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S3 Ep4: LIVE From The Whalies - Serta Goes Bankrupt, Nik’s Long Wknd Mistakes, Plus A Q&A Session
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How to Make Money With Long Weekend
If you're doing under $20 million a year in revenue, I think you should just go and be like, we think this is a better product. We might lose 20% of the subscribers we already have, but this is a de minimis amount. Our goal is to hit a much larger number of subscribers. And so I would just aim for that. These businesses are built on low CACs and low AOVs,. But really where you start making money is when you get to a repeat purchase rate that's sustainable and makes you a ton of e-bada.
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