We have 35 pro users right now. But yes, it’s been a tough journey to get them subscribe and most of them have either lifetime access or discounted price.
Still learning here, what price would you suggest?
4x engineers @ $10k/month
50% overhead
25% net revenue
Is $75k/month. At $4/month that’s about 18,000 paid users. So 4500 paid users/engineer. Without a free tier and without prepaid lifetime plans.
Twenty dollars a month gets users per engineer down to 1000. A hundred bucks a month gets it down to 200 users per month and then there’s time to develop features and such.
Again, I am just throwing numbers around to provide an example of one way of establishing price. The important thing is that prices close to zero dollars are hard to make work at modest scale because there are a lot of users and not very much money for operating and growing the business.
On the other hand, 1000 users at $4/month is not bad as passive income for a person. That’s a different kind of business model.
brudgers|5 years ago
Twenty dollars a month gets users per engineer down to 1000. A hundred bucks a month gets it down to 200 users per month and then there’s time to develop features and such.
Again, I am just throwing numbers around to provide an example of one way of establishing price. The important thing is that prices close to zero dollars are hard to make work at modest scale because there are a lot of users and not very much money for operating and growing the business.
On the other hand, 1000 users at $4/month is not bad as passive income for a person. That’s a different kind of business model.
Good luck.
marcinem|5 years ago