Is there are advice or examples of creating a product and not charging for it to get a lot of users, then switching over to a paid plan (either paid only or a free tier with paid options)?
Does anyone have experience with this or advice? Is this a good strategy?
The more users you have the more difficult it is to change (the product, pricing, etc.) without a big blow back. If you plan a free product and set a price later on, I would advise to go with "time-limited offer", "special launch discount", ... in order to set expectations.
Yeah I can see that. I'm thinking a "50% first year discount" would be a good way to handle it.
At my 16-year-old SaaS business, we've been through multiple iterations of pricing. My suggestions:
Best suggestion is build for a niche where people need a solution and charge them for it out of the gate.
That's good info- It's difficult to charge higher at the risk of not getting any customers, but I agree that's probably the right way to do it.
I think you should only make a product free if you plan to monetize it via ads/affiliate links/etc., i.e. not by charging the users. You can add optional paid features though. But I don't recommend changing the product from free to paid overnight, better give discounts to the first users like @smirolo suggested. You can also say the the product is free forever for those who joined before the paid plan, but it does not make a lot of sense, in my opinion.
Yeah that makes sense. I don't think I'd do a "free forever" plan as an Indie Hacker. I'm trying to figure out the best way to handle this. I'm guessing a "50% first year discount" or something like that would make sense.