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

by Nico

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

Avatar for Nico Nico
, Founder of Icon for TalkNotes
TalkNotes
 on September 18, 2023
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  1. 1

    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

    User Avatar Creator21
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    6 months ago
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  2. 1

    Wish you all the best for your next goal

    User Avatar arshkapoor2015
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    3 years ago
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