Re:Three Years as a One-Man Startup
by steveridout on Thursday January 07, 2016 @06:00AM
(#10857238)
I've increased prices gradually from $10 / year to the current $48 / year or $5 / month.
It's really hard to give you good data since the numbers of conversions are relatively low. The conversion rate from signup to paid has stayed at roughly 1.5% the whole time. But the product has been improving too. If I charged the current price 2 years ago when the product wasn't as polished, the conversion rate would probably have been lower. But I can't know for sure.
Didn't have a full time job. I saved up and have lived fairly frugally. I did take a break to do contract work in 2014.
Did you try different price points? Do you have data to share about this?
Did you have a full-time job while you were building it?