October 29, 2019

Reached $200 MRR after halving free tier again.

Lincoln W Daniel @lwdthe1

Signal now has 29 paid subscribers at $6.99/month each.

It's been about 22 days since first reporting that I halved my free tier and increased paid subscribers. On that day, people advised that I halve it again and see what happens. Exactly a week after that, 15 days ago, I halved the free tier again. At that time, we had about 21 paid subscribers. We've acquired 8 new subscribers since cutting our free tier by 4X

We've acquired 39 total paid subscribers since launching in February. That means 20% of our paid subscribers were acquired in the few weeks after cutting our free tier. That's wonderful.

I still haven't started sending any emails for user activity, stats, and onboarding. I plan on doing this at some point soon or in the new year.

If you haven't already, please check out www.PenSignal.com. Let me know what you think of this Signal and this update below. If you're a Twitter marketer, I'd love to hear about any problems you're facing; maybe Signal can help.

P.S. this is the discussion from the first time I halved the free tier: https://www.indiehackers.com/product/signal/decreased-free-tier-features-paid-users-growing--LqaHoldGfp33KUzmtFY

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