Published: Oct. 21, 2017, 9 a.m.
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Sandy Lohr. She\\u2019s a mother, wife, dog lover and leader of one of the best advertising technology teams in Silicon Beach. Growing up in the industry, she transitioned from client side to tech provider over 2 years ago. Her team strives daily to help local businesses globally find the best customer with her company, MatchCraft.\\xa0\\xa0
Famous Five:
- Favorite Book? \\u2013 Jab Jab Jab Right Hook
- What CEO do you follow? \\u2013 Susan Wojcicki
- Favorite online tool? \\u2014 Accompany
- How many hours of sleep do you get?\\u2014 5.5
- If you could let your 20-year old self, know one thing, what would it be? \\u2013 \\u201cBe humble\\u201d
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Time Stamped Show Notes:
- 01:44 \\u2013 Nathan introduces Sandy to the show
- 02:18 \\u2013 MatchCraft performs well and keeps its customers
- 02:46 \\u2013 MatchCraft is a tech company in the adtech space
- 02:52 \\u2013 2018 will be MatchCraft\\u2019s 20th year
- 03:02 \\u2013 MatchCraft matches buyers and sellers and has mastered the craft for doing so
- 03:10 \\u2013 MatchCraft has 2 founders who came up with the strategy in 1998
- 03:21 \\u2013 Sandy is the CEO and she joined MatchCraft 2 years ago
- 03:40 \\u2013 MatchCraft acquired the client side of the company in 2014
- 03:50 \\u2013 MatchCraft has a technology platform that helps run programmatic searches
- 04:15 \\u2013 MatchCraft has been doing it a long time with scalability
- 04:50 \\u2013 MatchCraft is a managing service and SaaS model
- 04:59 \\u2013 The managing service is 70% of the business
- 05:46 \\u2013 MatchCraft doesn\\u2019t work with any merchants
- 06:06 \\u2013 Resellers of MatchCraft have over 6000 sales reps globally
- 06:23 \\u2013 Resellers pay MatchCraft their media fee
- 06:35 \\u2013 For the managing service, the fee is 17% to 12% depending on the volume
- 07:08 \\u2013 MatchCraft has strategy discussions with their resellers
- 07:27 \\u2013 The SaaS model varies, too
- 07:57 \\u2013 MatchCraft provides ad copy in different languages and formats
- 08:50 \\u2013 On the SaaS side, fees can go up to 7% of media spend depending on the volume
- 09:50 \\u2013 MatchCraft is a privately held company
- 10:33 \\u2013 Prior to MatchCraft, Sandy was on the client side and she was working for Advance Publications Inc.
- 11:30 \\u2013 Sandy shares what she was doing prior to MatchCraft
- 13:15 \\u2013 Advance Local Inc. bought MatchCraft and Sandy is now the active CEO in MatchCraft
- 14:08 \\u2013 Sandy\\u2019s background has always been in marketing and she enjoys learning about technology everyday
- 14:25 \\u2013 MatchCraft\\u2019s team size is nearly 100 and they promote diversity with their global offices
- 15:13 \\u2013 MatchCraft doesn\\u2019t have to raise capital
- 15:39 \\u2013 \\u201cWe have extremely aggressive goals\\u201d
- 16:19 \\u2013 MatchCraft has grown 26%, year over year
- 16:45 \\u2013 MatchCraft has processed more than $100M ad spend annually
- 17:03 \\u2013 Sandy\\u2019s opinion on the idea of Time being sold and what she would do if they buy one of Time\\u2019s brands
- 19:43 \\u2013 The Famous Five
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3 Key Points:
- There\\u2019s nothing you cannot learn that you really WANT to learn.
- If your product is performing well, people will remain loyal to you and to your product/service.
- Acquiring a company requires your due diligence\\u2014make sure it\\u2019s WORTH it.
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Resources Mentioned:
- Simplero \\u2013 The easiest way to launch your own membership course like the big influencers do but at 1/10th the cost.
- The Top Inbox \\u2013 The site Nathan uses to schedule emails to be sent later, set reminders in inbox, track opens, and follow-up with email sequences
- GetLatka - Database of all B2B SaaS companies who have been on my show including their revenue, CAC, churn, ARPU and more
- Klipfolio \\u2013 Track your business performance across all departments for FREE
- Hotjar \\u2013 Nathan uses Hotjar to track what you\\u2019re doing on this site. He gets a video of each user visit like where they clicked and scrolled to make the site a better experience
- Acuity Scheduling \\u2013 Nathan uses Acuity to schedule his podcast interviews and appointments
- Host Gator\\u2013 The site Nathan uses to buy his domain names and hosting for the cheapest price possible
- Audible\\u2013 Nathan uses Audible when he\\u2019s driving from Austin to San Antonio (1.5-hour drive) to listen to audio books
- Show Notes provided by Mallard Creatives
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