@AndrewV and I soft-launched vidds.co out into the world a couple of months ago, and although we’ve manage to get 100+ users signup for free accounts, we’ve only managed to convert one of them to a paid plan.
At first glance, it looks like a pity sign up. Even at second glance, it looks like a pity sign up. But on the third look, it’s actually pretty cool to see what she uses our product for and the value she is getting out of it.
Aside from being a co-founder with me on another product, she also works as a freelance content creator and marketing consultant for SMEs in Sweden. She’s just booked a new client and one of the reasons is because as part of her offering she sold a video creation pack to make 8 short-form social media videos a month for 4000sek (approx $480).
She pays $15/month for the basic Vidds subscription, spends around 3 - 4 hours creating all the videos (including implementing client feedback) giving her a net profit of $116/hour.
So for transparency, this takes our MRR to a total of $15, but having created something that empowers someone to have that kind of power over their work and incomes feels really amazing.
Our next goal is to start marketing Vidds.co effectively, reach more new users and improve our onboarding to convert our current users.