$1500 MRR with basic MVP, no marketing (almost)
by Samee HassanOK, so my side project has about 10 paying customers now for many weeks/months (mostly on our business plan) using our MVP (did I mention it has TONS of bugs?). So far, the growth is a little slow but I am to blame. No new feature for weeks and a hard time fixing bugs (really it's just our laziness) + 0 marketing (for real)
Pretty sure we have PMF here. We always get a good response from almost everyone we pitch our product to.
I know none of our customers is seeing this but thanks to all of them to stick with us.
✨ What they don't yet:
- We are offering them a 50% discount on their next month's sub
- We will offer them new features and plans to try without raising the prices for them (yes, we are raising our prices soon)
- We are adding new use cases
Some of the things Solidinbox will/should be able to help with:
- Auto DMs to relevant profiles - Twitter outreach
- Inbox management
- Run Twitter ads in a better way (define precise target audience)
- Auto-pilot lead gen (coming soon)
- Few other things (not that significant)
I see a lot of copycats rising (one competitor even copied our pricing plans as is) but it's good to know actually. More fun.
To do or not to do? 💭 Just thinking if we should put our own money to revamp/improve the app, take a small amount/fund from an investor or just keep indie hacking ourselves?
Certainly I learned a lot from my previous 2 apps/startups (both acquired) and this time I am building in public (at least trying).
Would LOVE to know your thoughts.
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I took a quick glance at your product and it looks pretty neat to me!
The landing page is good and the screenshots indicate you have a great system to help the customer track their leads.
I'd assume your target audience is freelancers who provide high-ticket services and agencies looking to get more clients.
You can start sending out cold emails to get a few agencies to try out your product for say 14 days and if they like it, they can jump onboard.
For freelancers, it's better to collaborate with some influencers who might have your target audience and cut a deal with them that you'll give a certain discount for (influencer's name) audience!
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Thanks, mate! Yes, mainly for freelancers, small agencies, and early founders. Solidinbox helps you find relevant profiles and send personalized DMs on automation. Cold emailing and partnership is our next step - just need to fix some bugs.
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Awesome Samee. Keep up the good work.
We always get a good response from almost everyone we pitch our product to.
How do you pitch your product? what channel?-
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Through our own software via Twitter DMs
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What I would likely do (accepting for the time being that you're completely sure on your insight into what the clients need and need) is twofold down on the item redesigns, with declarations by means of email, social, overhauls page, and so on. Furthermore, right in the center of that multitude of updates likewise report the cost increment 3 months later.
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Yes, we are def. considering that. Thanks for the recommendation
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How did you acquire you customers ?
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Through our own tool 😉
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So cool. Congrats man
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What I would probably do (assuming you're fully confident on your knowledge of what the customers want and need) is double down on the product upgrades, with announcements via email, social, upgrades page, etc. And smack dab in the middle of all those updates also announce the price increase 3 months in the future.
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Looks cool, who are the competitors then, and do you use your own tool for outreach on Twitter too? 😛
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That's a great question/s. There was literally no one when we started but we see a new competitor every month lol. And yes, we totally used our own software to do outreach on Twitter. 😉
Cheers!
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Congrats! How do you have 1500MRR with 10 paying customers when your most expensive plan is $99?
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Thanks for asking. We have a bunch of agencies/users that use custom plans so pricing is higher for them. I hope that helps. :)
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solidInbox 🚀
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Oh my got
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So what is your question?
If you should
-put our own money to revamp/improve the app
-take a small amount/fund from an investor
-just keep indie hacking ourselvesDo you have programming skills? Why not just improve the app yourself?
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Yes, I have a co-founder @mahdix who is a great programmer. The reason to ask this question is we are not working on this full time but we want to scale it quickly. Probably we will keep improving it ourselves but just had a thought if someone can put in some money, we can hire freelance resources to do the job, and then we can do marketing and keep developing the app. But we are committed to grow this significantly by the end of next year :)
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