We need to know Units/Revenue per deal. Especiall
Post# of 40991
(Total Views: 265)
Posted On: 01/31/2019 12:18:36 PM
We need to know Units/Revenue per deal. Especially AN & CM and any other big PL deals that are signed. I think when annual revenue estimates were $30M - $50M, those projections assumed that those early contracts were "max'd out". It seems obvious that demand on the early deals is/was slower/lower than anticipated - or else we would already be at $30M or so. I think Steve is finding out how competitive car sales are where $200 - $400 per vehicle is a hard sell on the back end of a $30K purchase.
That is why these ad campaigns are so critical. FB ads have shown to be successful in driving demand for our apps. If the PL #1 ad campaign is a success, demand might take off. Absent laws ordering DD apps and a deal with a car maker, insurance companies are the key to vastly increased demand. DD apps could easily be an obvious win/win/win for insurance companies AND their customers.
Win #1 - less accidents and less injuries and fatalities - PRICELESS
Win #2 - lower premiums for insurance customers - after 1 time spend
Win #3 - lower claims and payouts for the insurance companies
Only Steve knows how close we are to signing a deal with a big insurance company. Sign one and the rest will call. The potential is obviously there.
Also, a deal with a car maker would be just as monumental as other car makers would surely call Steve after the first deal was signed and announced.
Go GEICO or Progressive or BMW or Mercedes and ONCI/HEXA will surely go.
That is why these ad campaigns are so critical. FB ads have shown to be successful in driving demand for our apps. If the PL #1 ad campaign is a success, demand might take off. Absent laws ordering DD apps and a deal with a car maker, insurance companies are the key to vastly increased demand. DD apps could easily be an obvious win/win/win for insurance companies AND their customers.
Win #1 - less accidents and less injuries and fatalities - PRICELESS
Win #2 - lower premiums for insurance customers - after 1 time spend
Win #3 - lower claims and payouts for the insurance companies
Only Steve knows how close we are to signing a deal with a big insurance company. Sign one and the rest will call. The potential is obviously there.
Also, a deal with a car maker would be just as monumental as other car makers would surely call Steve after the first deal was signed and announced.
Go GEICO or Progressive or BMW or Mercedes and ONCI/HEXA will surely go.
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