Another crazy day - $1,282 in sales
by MizanWe have added the Lifetime Plan last week on Dorik and we have got $1,054 in sales in the first 24 hours. Yesterday we have done even better. We have sold 28 Lifetime Plans and 1 Subscription and got $1,282 in sales. Here are the full stats of the last 2 weeks.
https://twitter.com/MizanME/status/1284460512974004225
The support and response have been truly amazing. It's unbelievable also motivational for us to even work more on the product. :-)
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Congratulations! Did you check the general advice on lifetime plans?
It always depends on the situation and not knowing your goals or your strategy here, but keeping a lifetime plan around too long might be bad for growth long term, once your lifetime customers exceed the annual plan, you will have an ever growing group of non paying and support requesting people.
I’m switching from lifetime to subscription for my product right now. Would love your thoughts on above!
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Hi Eduard,
Thanks for your comment. :-)
We have planned around how many spots we can offer on lifetime plans. We decided to sell 200 lifetime plans (Max 250) and it will never come back again. So there will be a maximum of 200-250 users on lifetime plan.
Also, lifetime plan has limitation of 3 websites. So once users reach the limit, they have to buy a yearly subscription to add more sites.
Sent you a DM on Twitter. :-)
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Thanks, got it! Makes sense this way.
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🥳 Congrats! Dorik looks great, actually came up yesterday in a PH no code discussion
https://www.producthunt.com/makers/1-makers/discussion/54089-fav-no-code-site-builder-
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Thank you, Stephen.
Thanks for sharing the discussion. 😁
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Congratz, it's super inspiring! How do you manage the generation of the website?
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Thank you so much!
We have our own HTML/CSS/JS generators. :-)
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I love your landing page <3
Good luck with sales! Don't be to affected by others hating on the lifetime plan, I think it's a very good move and it will get you some dedicated users that will provide great feedback over time, and which won't hesistate to buy from you again in the future.
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Thank you so much, Cristian.
I'm not affected by it. I'm always open to learning things. You are right about dedicated users. We have not promoted the lifetime deal anywhere. Only tweeted from our account and sent an email to already registered users (Which only 19% opened due to a mistake from me).
But so far almost all the sales we are getting from the early users promoting us in their network, groups and friends. Which is really motivating for us (Our early users did it even before the Lifetime Deal).
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What's the point of selling life time plans? Everything is SAAS nowadays. It's pretty pointless to try to re-invent the wheel and fall back in the 90-es.
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Congratulation! Pretty impressive achievements, long way to go 🔥
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Thanks, Bhaiya. 🙏
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Hi Mizan. Site looks great! I am curious... now that you are offering a lifetime plan, did you feel the need to create (or look-into) any sort of software escrow or source code escrow? I am trying to see if this is something that SaaS companies do these days. Thanks!
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This might be only relevant for bigger B2B deals.
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Possibly. If you offer a lifetime deal to people and then something unexpected happens, I was just trying to figure out how you could fulfill your end of the bargain (for a reasonable time) without placing an undue burden on your surviving partner, spouse, etc. (especially if you are a 1 person shop like me). A plan to open source it in that event sounds like a viable option to me. :-)
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Well, lifetime doesn’t mean the time your customers are alive, but for the lifetime of the software. If you need to discontinue, you give an early announcement and enough time to migrate to another solution.
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Agreed, my friend, that's why I said "for a reasonable time". But we certainly do live in strange and perilous times. As a solo entrepreneur, I would not want to have a bunch of people purchase a 'lifetime' plan only to have them come after my spouse/estate when I unexpectedly died 3 months later due to COVID (or whatever) and they were upset because the servers were down. For me, anyway, it's just another type of business planning (like data backups, or insurance), which is why I asked. I'm genuinely curious about how others plan for that eventuality.
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I'm not fully familiar with these, to be honest. I will look into it. :-)
We will open-source the project if we are unable to continue it (The chance is very low, as we have plans for at least the next 2 years). This is our position from the start. (Well before offering the lifetime plan)
Thank you so much. :-)
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Ah! It sounds like that would probably fulfill the need for people to be able to continue using it if something unforeseeable occurs. Good job!
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Congratz Mizan, super inspiring ! 🙏
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Thanks, Nicolas. 🙏
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Dorik looks great! Well done.
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Thank you, Jonny.
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Congrats.. How did you get your initial userbase?
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From here (indiehackers.com)
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Huge congrats!! I do have a sincere question - w/ extremely popular sites like webflow - why do you feel your userbase had chosen this one? Is it specialized in some way for a niche, is the price better? better UI? different feature set? etc.
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is the price better? better UI? different feature set?
It's a mix of all. We tried to give user flexibility but keeping it easy to use. It was our primary goal. Early users are loving this approach so far. :-)
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Congrats! 🎉
How much time did it take from the ground up to the first sale?-
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Thank you!
Do you mean building the platform? Little over a year (we worked as a side project).
We launched the beta homepage in April. Started giving access to early users in May. Implemented payment method 2 weeks ago. :-)
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Dorik looks awesome! Will sign up right now for the lifetime deal. Was looking for a platform that would allow me to replicate sites and export HTML.
Oh, and congrats for those numbers! You're definitely doing something right! :)
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Thank you so much!
let me know if you need any help. :-)
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That's awesome!
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Thank you!
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Congrats ! Its very inspiring ! 🤙🏻
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Thank you!
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Congrats! Those are some amazing number
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Thank you so much! :-)
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What's the point of selling life time plans? Everything is SAAS nowadays. It's pretty pointless to try to re-invent the wheel and fall back in the 90-es.
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I think that lifetime is a lot better for the customers. Customers are already starting to have SaaS fatigue, due to all the subscriptions piling up. It makes sense for actual services and for B2B, but for things that could be products from a customer-point of view lifetime is amazing. See Photoshop for example, many customers hate on the new "Creative Cloud" subscription model.
Problem with SaaS vs Product (lifetime) is that it also stops innovation. Customers are already just paying to use the same product, which can just be in maintainence mode and no new features added to it. With a product, you make it, people buy it and their only incentive to pay money to you again is if you release a much better product.
I am not saying SaaS is bad, just that in the end we should not try to force everything be a SaaS even if it could as well work as a one-time payment product. We are also customers, we should always think about them and providing high value, especially for the early adopters.
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SaaS fatigue? I was never excited in about SaaS in the first place, lol.
The key is: don't fix what's not broken. If people are slowly succumbing to use SaaS, keep it that way. Don't send mixed messages. It will only hurt sales.
Cheers!
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By SaaS fatigue I mean that customers are getting overwhelmed by monthly payments and it's getting harder and harder to keep track of all of them. Imagine if you had to pay a monthly fee for each item in your house (phone, table, chairs, toaster, spoons, etc.). At some point you even throw some of them away or not use them anymore, but you realize you are still paying for them because you haven't cancelled the subscription. The idea is that monthly payments vs one-time payments add more cognitive overload over time and might become stressful.
The key is: don't fix what's not broken. If people are slowly succumbing to use SaaS, keep it that way.
It was not broken when only a few services started doing it, but now when everyone started doing it you get the problem I mentioned above. But, as I said before, for businesses it's better, for customers is worse.
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So many points. One is rewarding the users who are testing the product for 2 months. Trusting us in our infancy.
Where is the re-invention of the wheel here? Making a SaaS product? Or selling the lifetime plan? 🤔
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lifetime plans are retro. I generally agree with the comment above about a guy mentioning that you need to limit them in order to remove brand dilution and future earnings.
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I see. Probably you didn't see my reply. It's limited from the start. 200 is our plan (250 maximum). Also, sites are limited to 3. So if anyone needs more sites they have to move to subscription plans. We have very cautiously designed the plan so it doesn't become a burden on us.
One more benefit of this offer is right now we have 100+ users who are using the platform real use case (not just for testing). And we are receiving lots of helpful feedback/bug reports.
More users = More feedback = A better product for the future. We can change things very easily now because there are not many users/sites hosted yet. But changing things won't be easy in the future as we have to think about lots of things.
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This comment was deleted 6 years ago.
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Thank you so much! :-)
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