The SaaS Podcast - Real Lessons on Growing Profitable SaaS

50 Cents a Pool: The Pricing Model Behind a SaaS Exit


Listen Later

Ron Hash bootstrapped Skimmer, software for pool service companies, to over $1 million in ARR and 1,500 customers with zero paid marketing, then sold it. His SaaS pricing was the engine: 50 cents per serviced pool with a $29 minimum, when every competitor charged per seat.

Ron shares how he validated the idea with one cold call, why his SaaS pricing aligned revenue with each customer's growth, how he cut churn from 6% to 2% by fixing onboarding, and why he never regretted the exit. His SaaS pricing chose a value metric close to the money instead of per-seat pricing, which made adding customers feel good and kept churn low.

Ron Hash built Skimmer with no prior SaaS experience and got it to 1,500 customers on SEO and word of mouth alone. That SaaS pricing model kept churn low and made the business acquirable; he sold to Unbundled Capital in 2020, after which the company raised $79 million and grew past 100 employees. He is now building QuickFax.

This episode is brought to you by:

🍎 Product FruitsBook a demo tailored to your product

🔑 Key Lessons

  • 💰 Usage-based SaaS pricing aligns revenue with customer success: Skimmer charged 50 cents per serviced pool, so a customer's bill rose only as their business grew, making them happy to pay more.
  • 📉 Per-seat SaaS pricing punishes growth and drives churn: Ron priced on serviced pools instead of seats, so customers never hesitated to add users and the product became stickier across the whole team.
  • 🎯 Validate with one real conversation, not a survey: Ron cold-called a single pool pro who said "the paper game is killing me," and that one honest answer was enough proof the problem was real.
  • 🚀 SEO plus word of mouth can replace an ad budget: Ranking for "pool service software" and delighting customers got Skimmer to 1,500 users with zero paid marketing.
  • 🔄 Churn is usually an onboarding problem: Ron cut churn from 6% to 2% with a simple onboarding flow that pulled new users to their first win, not by adding features.
  • 🛠️ Build for the user doing the work: A fast, low-tap, offline-capable mobile app for field techs beat the web-based tools competitors built for office staff.

Chapters

  • 00:00 50 cents a pool
  • 00:30 Introduction
  • 01:46 What Skimmer is and who it's for
  • 03:46 Where the idea came from
  • 07:05 Going all in on nights and weekends
  • 08:16 Deciding what to build first
  • 08:53 Welcome calls and learning from customers
  • 11:36 The first customer and teaching himself SEO
  • 13:32 Inbound vs the people he cold-called
  • 15:00 The long slow ramp to 76 customers
  • 16:39 Pricing at 50 cents a pool, not per seat
  • 20:32 Explaining usage-based pricing to customers
  • 22:41 Pen and paper vs software
  • 25:19 Why Skimmer got so much traction
  • 31:00 Cutting churn from 6% to 2%
  • 36:25 The hard days of bootstrapping
  • 39:17 Selling Skimmer
  • 43:26 No regrets on the exit
  • 44:53 QuickFax, his new project
  • 47:56 The biggest lesson: solve small problems
  • 49:35 Lightning round

Resources

  • Full show notes: https://saasclub.io/488
  • Join 5,000+ SaaS founders: https://saasclub.io/email
...more
View all episodesView all episodes
Download on the App Store

The SaaS Podcast - Real Lessons on Growing Profitable SaaSBy Omer Khan

  • 4.8
  • 4.8
  • 4.8
  • 4.8
  • 4.8

4.8

185 ratings


More shows like The SaaS Podcast - Real Lessons on Growing Profitable SaaS

View all
This Week in Startups by Jason Calacanis

This Week in Startups

1,290 Listeners

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch by Harry Stebbings

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch

537 Listeners

The Official SaaStr Podcast: SaaS | Founders | Investors by SaaStr

The Official SaaStr Podcast: SaaS | Founders | Investors

175 Listeners

Startups For the Rest of Us by Rob Walling

Startups For the Rest of Us

704 Listeners

The a16z Show by Andreessen Horowitz

The a16z Show

1,093 Listeners

Built to Sell Radio by John Warrillow

Built to Sell Radio

210 Listeners

Founders by David Senra

Founders

2,171 Listeners

Masters of Scale by WaitWhat

Masters of Scale

3,976 Listeners

Y Combinator Startup Podcast by Y Combinator

Y Combinator Startup Podcast

228 Listeners

My First Million by Hubspot Media

My First Million

2,654 Listeners

The Startup Ideas Podcast by Greg Isenberg

The Startup Ideas Podcast

214 Listeners

No Priors: Artificial Intelligence | Technology | Startups by Conviction

No Priors: Artificial Intelligence | Technology | Startups

143 Listeners

Moneywise by Hampton

Moneywise

656 Listeners

AI + a16z by a16z

AI + a16z

34 Listeners

Lightcone Podcast by Y Combinator

Lightcone Podcast

20 Listeners