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I am having trouble modeling a Bootstrapped Freemium to Premium conversion. Even with generous Freemium growth and a decent conversion rate to Premium I don't see much revenue growth over time.
happy to look into this with you, this is likely something very simple, feel free to email me deva@opstarts.com. also, there is going to be a "modeling freemium" knowledge base article posted today.
I am having trouble modeling a Bootstrapped Freemium to Premium conversion. Even with generous Freemium growth and a decent conversion rate to Premium I don't see much revenue growth over time.
happy to look into this with you, this is likely something very simple, feel free to email me deva@opstarts.com. also, there is going to be a "modeling freemium" knowledge base article posted today.
May I suggest a 'bootstrapped' template as well?
Earlier quoted context omitted.
happy to look into this with you, this is likely something very simple, feel free to email me deva@opstarts.com. also, there is going to be a "modeling freemium" knowledge base article posted today.
I see the freemium template now, it sets things up in a pretty reasonable way. Thanks! May I suggest a 'bootstrapped' template as well?
Earlier quoted context omitted.
Do you actually need currency conversions (in the sense that you deal in multiple currencies and want to normalize them to one) or do you just want to be able to use pounds vs dollars and have the numbers like reasonable for a UK person? For sure we ultimately want to support the former, but worked on systems that do this, there's a fair amount of complexity depending on what you really need to do.
Ideally when international ops come about it'd be helpful to have complete currency conversion. It's easier to work around than the whole site being dollar only. For the time being just being able to use pounds to make the numbers clear for us over here would be fine though. edit: sounds like that's the plan from the reply above. looks good :)
Earlier quoted context omitted.
I see the freemium template now, it sets things up in a pretty reasonable way. Thanks! May I suggest a 'bootstrapped' template as well?
yes, def good suggestion. the templates are right now only sorta useful since they arent really documented. i'm working on that and should have basic stuff done this weekend, that'll make them a lot better and we can think about adding more then.
OTOH, that would assume that channels don't get saturated, so you'd also need a ceiling on the max spend for that channel.
I am having trouble modeling a Bootstrapped Freemium to Premium conversion. Even with generous Freemium growth and a decent conversion rate to Premium I don't see much revenue growth over time.
happy to look into this with you, this is likely something very simple, feel free to email me deva@opstarts.com. also, there is going to be a "modeling freemium" knowledge base article posted today.