4 ms·
Better yet, what can you sell for $5 to 200k people? Aim low, aim wide, and hunt with a gatling.
by mahmud 16y ago
Better yet, what can you sell for $5 to 200k people? Aim low, aim wide, and hunt with a gatling.
- dkasper 16y agoNot necessarily better yet. In fact you've completely missed the point. Recall the post about the company making $1000 per day on their iPhone app. They sell it for $25 and have staked out a niche. Meanwhile hundreds of other apps try to aim low and wide and for the most part make nothing because they charge too little and can't make up for it in volume. The point of the post is it's easier to sell something to 1000 people than 200,000.
- scottchin 16y agoDo you happen to remember the name of this app? Thanks.
- hboon 16y agohttp://iteleportmobile.com http://iteleportmobile.com and http://news.ycombinator.com/item?id=1365776 http://news.ycombinator.com/item?id=1365776
- gte910h 16y agoYes indeed. Additionally, people forget with app sales: There aren't that many potential clients. Even if they get everyone who'd buy their app if they knew about it, they still don't top out at silly amounts of money.
- paraschopra 16y agoUnless you hit a lottery, it is incredibly hard to reach 200k people.
- monological 16y agoErr...the internet?
- patio11 16y agoPlus, unless you're selling insulin to diabetics, making 200k sales on the Internet probably means having 2MM to 20MM good prospects. Not visitors from Techcrunch, not uniques on your blog: millions upon millions of qualified prospects. That is highly non-trivial. Then actually converting them is also non-trivial.
- paraschopra 16y agoYes, case in point Evernote (which I would call a very popular app). - Premium accounts are $5.00 / month - 50,000 paying subscribers - 28 Months (time it took to get to 50k paying customers) http://mobile.venturebeat.com/2010/03/26/freemium-summit-evernote-shares-the-insider-secrets-of-free-apps/ http://mobile.venturebeat.com/2010/03/26/freemium-summit-eve...
- ryanelkins 16y agobut that's $5/mo not $5 total. On an annual basis you can just multiply the subscribers by 12 and it's like making 600k sales/year, expect they are automatic. That is $3mm/year.
- kneath 16y agoLuckily you only need little less than 17,000 people at $5/mo. Not 200k.
- dagw 16y agoThere is a huge difference, both in real terms and more importantly in psychological terms, between $5 a month and $5. Most people requite far more incentive to sign up for a $5 a month service than they do to buy something for $5.