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This is probably the correct answer (focus 100% on improving the product). The product is at a state where people like the idea of it so they sign up en masse
by pud 15y ago
This is probably the correct answer (focus 100% on improving the product).
The product is at a state where people like the idea of it so they sign up en masse -- but I'm not sure the site lives up to the expectation yet.
- staunch 15y agoFocus on engagement. Sign ups are almost meaningless if the users bounce and never return. The reason Facebook is so amazing is not just that they have a billion users, it's that they have 80% of them checking the site 5x per week (or whatever). See how many users you can get into the habit of coming back to your site on a regular basis. That's the number that ultimately will drive everything: revenue, long term network effects, etc. BTW, there's no reason in hell it should cost you $2500/mo already. Obviously you can afford it to some extent but that's just a waste of money. You should be able to run it for < $500/mo easily.
- pud 15y agoI hear you regarding user engagement. However when I first built the site, I envisioned more of a LinkedIn-type thing where engagement is relatively low but the value is in the database. In other words, I don't use LinkedIn very often. But when I need to, it's a godsend (or at least, better than anything else that does what it does.) Interesting.
- kami8845 15y agoi would say, don't let what you envisioned the product to be hamper its' evolution.
- majani 15y ago'Engagement' is overrated. Some sites , e.g Google and Wikipedia probably have super high bounce rates, because they solve your problem on the first page you see. What if people start entering his site mainly from band pages, get all the necessary info and leave? That wouldn't be a bad thing for users.
- staunch 15y agoEngagement doesn't mean time on site. Millions of people check Reddit 10x per day for <5 minutes per visit. That's a great kind of engagement.
- AznHisoka 15y agoActually, that would be a bad thing for his site. If he gets one-time visitors, he will need to keep growing to offset the churn rate. That means he'll probably need to rely a lot on search engine traffic, and for the viral growth to continue. If both go away, his site is dead.
- Sujan 15y agoAsk them what they expect - and see if you can and want to match their needs. Profit will come natural.