Join
1
2 Comments

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
Say something nice to Jeannen…
Post Comment
  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
    ·
    6 months ago
    ·
    Reply
  2. 1

    Wish you all the best for your next goal

    User Avatar arshkapoor2015
    ·
    3 years ago
    ·
    Reply
Trending on Indie Hackers
The most underrated distribution channel in SaaS is hiding in your browser toolbar User Avatar 185 comments I launched on Product Hunt today with 0 followers, 0 network, and 0 users. Here's what I learned in 12 hours. User Avatar 157 comments I gave 7 AI agents $100 each to build a startup. Here's what happened on Day 1. User Avatar 98 comments How are you handling memory and context across AI tools? User Avatar 78 comments Do you actually own what you build? User Avatar 44 comments Show IH: RetryFix - Automatically recover failed Stripe payments and earn 10% on everything we win back User Avatar 34 comments