30 days after launching my side project
After 30 days of launch, I managed to get 7000+ active users, about 100 paying users and $6129 in revenues.
My learnings : 1. Build your first main feature really well 2. Dont launch with 100s of features, keep the product simple 3. Make sure to have some influencers on your board as users from day one and make them super happy 4. Use tweet button very smartly - this is make or break up for your side project 5. Dont hurry up into making money, let your users ask you for more feature and then roll out paid features.
I invite your feedback and suggestions on how to further increase my user base. People are loving the product (you may search for pinwoot on twitter) but somehow, none of the good blogs are covering it. Any contacts or suggestions, most welcome.
My name is Alexander and can be reached at [email protected]
Wow! That's brilliant! How did you manage to convert 100 users to pay >$60 in less than 30 days? Can you tell me more about it?
I waited for users to start asking for some extra features or more seeds/credit points (people get 15 seeds to start with). I also clearly mentioned that we have two things in pipeline 1.) Another useful free feature 2.) Pro Accounts as low as $15(will be available for only first 100)
So, by first week, people had tested the fruits of being on pinwoot, so they started queuing up for pro accounts.
In 2nd week, I allowed people to start buying seeds for as low as $5 and maximum $29. So, my users are buying those seeds on regular basis for last 2.5 weeks. I haven't launched pro accounts yet - once those are launched, I may see monthly rev at around $15K.
In nutshell, make that one feature super awesome but add a limit to it such that people get addicted to it and in want for more, they pay you.
Can we chat on Skype? My username: sdnerzz
On signup, we request users to tweet (just a request) - about 10% new users to do this tweet. The language of this tweet was selected after number of (sort of) A/B testing with different texts.
In the dashboard, when ever a user gets more than 10 new followers, we start showing a message that provokes them to share a message like "Woot! I got X #Pinterest followers from Pinwoot for free. If you are on Pinterest, you must try it". This tweet is resulting in 15% of new signups daily.
Another test we ran on our Facebook page (http://facebook.com/pinwoot) was to have a tab called "Try Now" which was basically connected to our Facebook connect app - that was great, many many conversions. So, we are still using it.