If you haven’t already, please study our free Bootstrapping Course and Investor Introductions page. During these unusual times, many who once dreamed of funding are forced to bootstrap. Well, bootstrapping is good during good times, and necessary during bad times. Here, BannerBuzz Founder and CEO Nishant Shah shares how he bootstrapped to over $35 million in 2019 revenue. Sramana
In these unusual times, many who once dreamed of funding are forced to bootstrap. Well, bootstrapping is good during good times, and necessary during bad times. Here, BannerBuzz CEO Nishant Shah shares how he bootstrapped to over $35 million in 2019 revenue. Sramana Mitra: Let’s start at the very beginning of your journey. Where are
Nishant Shah: In 2017, we were very aggressive in acquiring new customers. That’s when our marketing strategy changed a lot. From just one channel, now we have multiple channels. We came in with affiliates, email marketing, and display marketing. We had a much larger budget allocated to marketing versus almost nothing. That helped a lot.
Sramana Mitra: What was the insight in terms of customer acquisition for instance? What clicked? Nishant Shah: When you’re growing the business and you’re bootstrapping it, it always depends on how much money you have. You want to spend more on marketing because you want to grow that way, but you have to have your
If you haven’t already, please study our Bootstrapping Course and Investor Introductions page. In these unusual times, many who once dreamed of funding are forced to bootstrap. Well, bootstrapping is good during good times, and necessary during bad times. Sramana Mitra: Let’s start at the very beginning of your journey. Where are you from? Where were you born, raised,