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I won't give away the exact niches but they are in the universal, evergreen problems: wealth, health and love. I charge really high around $300 per month. That
by ilrwbwrkhv 4y ago
I won't give away the exact niches but they are in the universal, evergreen problems: wealth, health and love.
I charge really high around $300 per month. That way you cut through the b.s. and it is clear you are delivering value or not.
Also helps with the marketing as I can get more per customer than I spend on acquiring them.
Usually saas businesses all seem to charge really low like $10 / month for some reason. That is a mistake in my opinion.
There are lot of wealthy people in the world for whom $300 and even higher is nothing if it totally solves a problem.
I also provide human customer support because of that high price point so they like it if they have a problem.
Then I hired managers for each business who manage it for me and now it is almost a replicable model that I can use when starting any business.
- spaceman_2020 4y agoThanks for sharing. Seems like you've found your product-market fit! I do agree that many SaaS services are underpriced (and many overpriced). SaaS entrepreneurs should take a bit more risk and try pricing their products at the higher end - even if its for an experimental duration.
- mmcconnell1618 4y agoAre the manager roles full time positions or is it something that I could do on the side to learn from your experience?
- ilrwbwrkhv 4y agoThey are all full time positions now.
- aryamaan 4y agoI am available for fulltime job. Somewhere I can reach you?