We launched and we got traction. Now what?...
TL;DR: We launched an iOS app without monetization. We got some traction but now we have to prioritize: improve the product or validate the business model.
A little bit of context:
We are building an iOS app to follow eSports (League of Legends in particular). We launched and w
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What are your assumptions and what would is your plan? You can create an amazing app, get users and try to find investment or sell it. Can you work 1-2 years on an app without making any money?
I've done a mistake like this. I told myself that I will monetise once my app will reach 1000 users that have the app on their phone. Once I added ads and in-app purchases the daily active users went from 60 to 5 users and maybe I made like $70. I wrote about my failure here: https://hackernoon.com/10-months-of-work-and-less-than-70-why-monetizing-an-app-from-the-beginning-is-very-important-676de6fb555f
If you wanna have a chat, let me know. I'm more than happy to try and help you out with my advice and my past experience.
At least you got some money. I once asked a user whether users in general would purchase answers to the exercises I post on my platform. She said yes and said it was affordable and of high quality.
I then went to say I would charge her $5, which she then said no. Smh.
Haha it happened to me so many times. She was not your target market. Anyway, iOS are more happy to pay for something than Android users.
Thanks a lot for sharing your own experience. I've just read the blog post and is self-explanatory even though I feel like my project is a little bit different (probably all people think like that lol)
I would love to share more details with you if you don't mind to expend some time helping me. How can I contact you?
My Twitter is: https://twitter.com/theivandrag or LinkedIn: https://www.linkedin.com/in/dragosivanov/ . Send me a message and I will give you my Whats App or Telegram to chat. Thanks
I'm a product guy, so my guts is telling me to improve and optimize it, make it grows bigger and the money will come later, somehow hopefully. 😂
What is the riskiest assumption for the business? Start with validating that :)
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