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This part jumped out at me: "The longer you stay, the more likely you are to become a premium user. While less than 1% of active users sign up for premium cont
by theBobMcCormick 16y ago
This part jumped out at me:
"The longer you stay, the more likely you are to become a premium user. While less than 1% of active users sign up for premium content in the first month, approximately 20% of active users (7.5% of total users) are paying users by month 29"
There's a lot of discussion on HN about whether "Freemium" is good or bad, for Evernote at least it sounds like it's a win if their best route to getting paying customers is to entice you to use the product for an extended period of time.
- gleb 16y agoThis kind of survivor bias will be true for mostly any subscription business. Users that weren't getting much value from your business will drop off. Given a reasonable segmentation of free and paid users that will mean a larger percentage of active users will be paid.