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Switched to a subscription model. Sales are down, but got my first MRR

Still trying to grow my new app to transcribe audio to text content

Sales are nice, but I was selling a one-year pass only, meaning that after 1 year, I would have nothing again. Since I'm playing long-term here, I decided to switch to a subscription model (since I have high costs, it also make sense financially).

I first tried to offer a free plan + upgrade, but almost no one upgraded, so I directly removed the free plan and put the paywall popup directly on the landing page

MRR

It slowed down sales A LOT compared to the yearly pass, but now I get some recurring $, so I think it will be worth it in the long run.

Next goal: Reach $100 MRR

, Founder of Icon for TalkNotes
TalkNotes
on September 18, 2023
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    the subscription model is hard, you have to be really consistent with marketing and provide why it make sense to subscribe if you will use it just one time

  2. 1

    Wish you all the best for your next goal

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