4 ms·
For what it's worth, my most profitable SaaS product launched without the capability of processing credit cards. It launched with a price though. But also wit
by jasonkester 14y ago
For what it's worth, my most profitable SaaS product launched without the capability of processing credit cards.
It launched with a price though. But also with a 30-day Free Trial.
The logic being that I could spend all pre-launch time building the actual thing. And then I had 30 days to get that payment processing stuff sorted out. Back then, you almost needed that much time. Today, you need a good hour to get Stripe up and running, so it seems even less of a priority.
So yeah, sure, you probably aught to have "makes money" baked in from day one. But if all you have is some Stripe sample code, I don't think I'd consider that a product.
- kmfrk 14y agoYou can also buy yourself some time and save money on fees by deferring all withdrawals to an end-of-month payment. That's what Apple does with iTunes, and it means they don't have to pay fees on microtransactions like $.99.
- cstejerean 14y agoAt least for me Apple certainly doesn't wait until the end of the month, although they do batch small transactions at seemingly random intervals.
- kmfrk 14y agoThat sounds right. The monthly interval was pretty arbitrary, but just seemed sensible. Wonder what triggers the withdrawals.
- run4yourlives 14y agoProbably the dollar amount owing by the account.