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Hey, we exist for two years right now and doing very well :) Our revenue is growing 13% month to month (bootstrapped). We are based in Poland, so different rate
by kemyd 6y ago
Hey, we exist for two years right now and doing very well :) Our revenue is growing 13% month to month (bootstrapped). We are based in Poland, so different rates apply here (I'm guessing you're writing from the US)
- jaywalk 6y agoGlad you guys are doing well! I am in the US, so take that for what you will. Just figured I would give feedback on something that immediately jumped out at me.
- kemyd 6y agoThanks! :) I commented about the US because of the difference in salaries. It is much cheaper to run a SaaS start-up in Poland, which is why we are doing well. Probably for the team in the US, it would be too small revenue to build a four-person team in-house (without, e.g., VC funding).
- edoceo 6y agoI frequently see lifetime offerings at 3-5 times annual. Don't be shy about adjusting prices up if you've got a good demand curve going.
- kemyd 6y agoWe're going to experiment with pricing, that's for sure :)
- ravivyas 6y agoI suggest you drop lifetime pricing for a pure SaaS model. Both push different incentives and product paths. Recurring usage will give you more growth avenues than 1 time. Not to mention this is a product that actually needs constant updates, as well charge for it.