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I’m running a subscription-based service, but I’ve stalled at 57% market penetration. Can you give me some advice on how I can double my market penetration from
by chrisoverzero 4y ago
I’m running a subscription-based service, but I’ve stalled at 57% market penetration. Can you give me some advice on how I can double my market penetration from this point?
Remember, what I’m looking for is 114% market penetration. Any help you can provide will be gratefully appreciated.
- smcin 4y agoYou missed my point entirely with your sarcasm. Partner companies selling apps on your service don't care that you only have 43% of the market left to capture; that's entirely your business problem, not theirs. However they very much do like that you already have 57% market share; from their perspective, that's good not bad. That's precisely why I write _"it's all a matter of perspective, and the associated revenue model (purchase vs. subscription model). Whether the glass is half-full or empty depends entirely on perspective"_. Understand now? When Palm and then Blackberry died as platforms, vendors simply moved to a new platform and ported/rewrote.
- chrisoverzero 4y ago> However they very much do like that you already have 57% market share […] But if they want you to double it, you’re going to have some bad news to report.
- harry8 4y agoSell 2+ subs to every customer, eg separate phone from car from desktop. I will not make jokes involving the word double and shame on you if you thought of it too. Definitions are boring, no growth is limitless by entropy.
- bombcar 4y agoBundle your subscription with things that some or most of your customers already have - but make it impossible to migrate data from existing accounts. So Prime gives them whatever it is, but they can’t cancel their current subscription. Win-win evil.
- deleted 4y ago[deleted]
- fsckboy 4y agoI'm willing to help you, but only if you want it done yesterday.