June 10, 2019

Got 1.3k Upvotes on Reddit and 8k unique visitors for the last 16 hours. How would you monetize it?

Alex Ershov @aershov

Hi guys, I've recently redesigned one of my side projects called RentVsBuy.app that helps people to decide shall you Buy a house or Rent and Invest and totally blew up the /financialindependence subreddit. So far I've got 1.1k Upvotes and 6k unique visitors for the last 12 hours.

How would you monetize the service like that? I hate ads monetization model and lean towards some Pro version with additional features available (like printing pdf, unlock some parameters and etc). Would you also suggest to go for Mac/Win version of the app like that for one-time price and leverage existed marketplaces like AppStore and etc.? What do you reckon?

  1. 4

    This is a pretty hot topic right now on both reddit and Twitter. Before making a decision on monetising, I would get an email newsletter form on your site as soon as possible to capture the traffic.

    Maybe something like "Email me this calculation" with a checkbox to add them to your newsletter as well. I'd use MailerLite as it's cheap, really easy to use and has a decent API. It's better than MailChimp IMO.

    If you have an email list, you have time to consider your options with monetising and see what the market are interested in.

    1. 2

      It's very helpful, I think I could have a printable version of the calculation results as a nicely formatted PDF as a lead magnet. Thanks for the suggestion!

  2. 2

    Feature request:
    Add an option for other currencies.

  3. 1

    Freemium is the way to go. Is it suitable for an app? Not, really. It's not something people do on a regular basis, neither it has features that couldn't be implemented in a website / webapp.

  4. 1

    I wouldn't see the value in creating mac/win versions of this - feels like something best suited to a web app. (who would search the app stores for something like this?)

    As for monetisation - I can't think of a clear way just yet. the "pro" model seems appropriate - perhaps with ads for those who want to use it for free (maybe don't use an ad network so they don't get blocked by adblockers).