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>Why is it a one off purchase instead of a subscription?
I, personally, hate having to subscribe to something if I don't feel I benefit from it all of the time. Netflix fine, something I use occasionally, not so much. The product is low cost enough, and changes enough over time that customers come back and buy the product again (I appreciate this is a little unusual). I was always trying to build a pricing model that I would use, no tie in, people respect that and are MUCH more likely to pay for it (in this case).
I worked on building the website (the apps came about a year later using Cordova so I could utilise my HTML/JS skills) in evenings and weekends for about 4 months. Not all of that was development, some of it was speaking with third parties I needed to get the product working.
The first paying customer got a full refund, because, of course, it didnt work properly, but the most valuable lesson I learnt was just to deploy something and fix it ad-hoc, NOT wait for it to be perfect/feature complete.
I had low expectations, and I didn't quit my day job, so it was low pressure "lets see what happens"
Spending time making the website SEO friendly meant I didn't have to spend a penny in advertising for the first year as all of our traffic was organic. It wasn't until the annual revenues were around £400,000 that I started to spend ANY money on advertising.
Its just me, I'm a developer, which meant I could bootstrap the whole thing for zero cost (time not included) but I've always felt I knew I had what it takes to make a small business successful. Its an online service, we have a web site and apps in the app stores. I'd rather not say exactly what we do as this way I can be transparent on numbers. (Also, I am slightly paranoid of copy-cats) We have a paid for service, costs less than £50, its not a subscription, just a one off purchase. As has been said previously, luck plays a big part in success and I'm not going to pretend this is not true for me too.
-The competition are £MM businesses, and this is probably why I am able to be so successful as I can move faster, adapt, and resolve issues. Over time, people notice this. They tend to buy the customer via adwords.
-Word of mouth is a huge part of how the product has grown, people like the product and tell their friends/family, I spend less than £1500 p/m on advertising through the traditional online mediums.
- I always try new ideas out, and find out if people like them. Its low risk, low cost, high reward. Big fan of XP, agile, etc
- I'd recommend - Getting real (Basecamp) - https://basecamp.com/books/getting-real, its got some solid advice
- A mentality of always wanting to make the product better, without bloating it, is key.
- People always worry about support. It's really not a big deal, I've had hundreds of thousands of customers over the years, support contact is low.
Happy to answer any questions if people find it useful.