Interactive quiz builder for lead generation.
Interact monetizes primarily through recurring subscriptions that vary based on volume and features. They also have relationships with thousands of creators and service providers who act as affiliates for Interact.
“We monetize the product through recurring subscriptions based on volume and features. To come up with a pricing strategy we analyze what customers need, then correlate it back to the time/effort it takes our team to build those feature sets to finalize which sets of functionalities are available ...”
“the product is a quiz builder that does personalized product recommendations, as well as email list building... We're at about $217K in MRR. So decent growth. Nice. So about $2.5 million a year.”
“So we're currently just over 2.7 million in annual recurring revenue, approaching three. So pretty much already there, which is really exciting.”
“but yeah, the last like five, six years, profit every year, we're at 2.75 in terms of like annual recurring revenue and I take home a million.”
“I think you're doing about 3 million ARR at the moment, right? ... that's about building a sustainable business.”
“We started partnering with a lot of web designers who help people set up their websites and their online presence... was it just like a typical affiliate type relationship there? Yeah. Affiliate stuff. Ongoing commissions.”
“we partner up with them to supply quizzes to their customers. And then we make an affiliate deal through that.”