Re:Three Years as a One-Man Startup
by thruflo on Thursday January 07, 2016 @05:16PM
(#10861247)
Forgive me for jumping in with yet more unsolicited advice, but I can't help thinking that all your users should be paying at least $5 per month.
An example transition plan:
* switch new users to a free trial -> sign up to $5/month for continued access
* observe conversion rate from trial users to paying customers
* perform `conversion rate x existing active user base` calculation
* send apologetic email to existing users pointing out that free != sustainable, with offer to grandfather in free access to any who feel strongly enough to send you a personal email about it
An example transition plan:
* switch new users to a free trial -> sign up to $5/month for continued access * observe conversion rate from trial users to paying customers * perform `conversion rate x existing active user base` calculation * send apologetic email to existing users pointing out that free != sustainable, with offer to grandfather in free access to any who feel strongly enough to send you a personal email about it