1
2 Comments

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
  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

  2. 1

    Wish you all the best for your next goal

Trending on Indie Hackers
I built a tool directory that doesn't pretend every founder has the same needs User Avatar 64 comments I Was Picking the Wrong SaaS Tools for Two Years. Here's the Mistake I Finally Figured Out. User Avatar 57 comments Drop your landing page URL. I'll use Ferguson to tell you why visitors might be leaving User Avatar 52 comments AI helped me ship faster. Then I forgot what my product actually does. User Avatar 38 comments Most early-stage SaaS companies miss churn signals — here’s how to catch them early User Avatar 31 comments How I Run a 1.7M Product Search Engine at 66ms on a $0 Hosting Budget User Avatar 19 comments