3 ms·
yes my numbers are real. No assumptions. All my customers know they will pay at some point. I like your approach and I plan to do it as a last resort. my point
by ahmedaly 7y ago
yes my numbers are real. No assumptions.
All my customers know they will pay at some point.
I like your approach and I plan to do it as a last resort.
my point is that I expect at least 30% churn rate when I start charging my customers.
So I prefer to reach 1000 or 1500 sellers signups before starting charging.
$25 is too much for an emerging market like Egypt.
I prefer to charge $5 or $6.
- jacquesm 7y ago> my point is that I expect at least 30% churn rate when I start charging my customers. That's a huge assumption. It might be 0% it might be 99.9%. Answering that question will give you a much better idea whether or not you should shut down your startup. Willingness and ability to pay for your product are the most important bits. The rest is secondary.