What is MyNewTerm's current customer acquisition and sales motion?
Replied byWayne Cartmel
Founder & CEO at MyNewTerm
Niche: Edu
Revenue: Approx. 540,000 USD/month
Location: Silsoe, Bedfordshire, United Kingdom
Started: 2015
We have a dedicated sales team, go to conferences, and run outbound campaigns. However, our main driver is word of mouth. Education is a close-knit sector. Our high customer satisfaction and ninety-eight percent retention rate mean clients constantly recommend us to peer schools.
0
From the Full Interview
This answer is part of a full interview with Wayne Cartmel, Founder & CEO at MyNewTerm.
Share this Answer
Found this insight valuable? Share it with your network to help others learn from Wayne Cartmel's experience.
Cite This Answer
Use this answer in your research, article, or academic work
Related Answers
What is MyNewTerm, and who are the primary users of the platform?
By Wayne Cartmel
Edu
Approx. 540,000 USD/mo
What initial frustrations as a teacher inspired you to create MyNewTerm?
By Wayne Cartmel
Edu
Approx. 540,000 USD/mo
How did your first attempt at building the company fail, and what did you learn?
By Wayne Cartmel
Edu
Approx. 540,000 USD/mo
What strategies did you use to get your first schools on the platform when they ignored you?
By Wayne Cartmel
Edu
Approx. 540,000 USD/mo
What is your long term vision for MyNewTerm and the UK school system?
By Wayne Cartmel
Edu
Approx. 540,000 USD/mo
What is your number one piece of advice for non-technical founders starting a software business?
By Wayne Cartmel
Edu
Approx. 540,000 USD/mo
How does a multi-academy trust operate compared to traditional local authorities in England?
By Wayne Cartmel
Edu
Approx. 540,000 USD/mo