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Our design practice has never been better. Our 2022 case studies are absurd. We bumped conversion rate 41.97% with one test. We eventually accounted for two-thirds of a seven-figure business’s revenue. We quadrupled someone’s conversion rate with a teardown. We get impact.
And yet our sales pipeline hasn’t been this bad in 9 years. The feast-or-famine cycle is real. We spent most of this year losing leads, and chasing payment for the leads we didn’t lose. We went through 49 leads before we found a single one who signed a contract & paid us. A week later, we found another. We just closed a third. Draft reached break-even on its annual expenses last week – the latest we’ve done so since 2013.
Draft ends the year with one question: how can we structurally ruggedize the business, so that we can keep the psychic heat death of store owners from harming us going forward? I have never been more convinced that a deeper repositioning is necessary to our ongoing survival. After all, one must sell to payers.
I am excited to see what happens next for us.
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