Hello HN friends! Today is a special day. My solo side project has hit 100K in sales, which is absolutely insane. When I started this thing, I never thought this would happen. Monetizing an open-source project is very difficult, so I decided to share my personal journey and lessons learned. This is a visual timeline showing all the lessons learned from $0 to $100k in one year. I hope this can be helpful and inspire y…
A solo journey to $100k in sales
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Re: A solo journey to $100k in sales
#142Without knocking the creators achievement, I find it curious how devs will rage and cry murder when LastPass wants a few bucks for a hosted product but don’t bat an eye for shelling out $99 for what is, when you come down to it, a config file for your IDE .
For me, it's one-time purchase vs. subscription. For example, I was happily paying 1Password every couple of years for a long time, and left when they made it clear subscriptions were the future.
Re: A solo journey to $100k in sales
#143Hello HN friends! Today is a special day. My solo side project has hit 100K in sales, which is absolutely insane. When I started this thing, I never thought this would happen. Monetizing an open-source project is very difficult, so I decided to share my personal journey and lessons learned. This is a visual timeline showing all the lessons learned from $0 to $100k in one year. I hope this can be helpful and inspire y…
Just wanted to say congrats on the success and that I really enjoyed the post. The timeline outline of it all was a lot easier to read and follow than similar posts I have read around these types of things.
Re: A solo journey to $100k in sales
#144I like to consider myself a bit of an amateur asthete, and I see tangible value in this kind of stuff so I have no problem spending a little bit of money to make my work day more pleasant. It's just as important to me to enjoy what I'm looking at, as much as it is to have a useful tool.
Re: A solo journey to $100k in sales
#145The refund part hits close to home. I've experience this too. What were some of the reasons for the refunds? I think theres so much to learn there. Some people are just jerks (they don't read what they're buying, and then blame you), but some people just didn't get what they expected due to some miscommunication, or product experience issue. I'd love to read more about this from this project!
It's definitely really hard to deal with refunds. You can make 10 sales in one day, but if there's only 1 refund, you might feel sad and disappointed. About the reasons for refunds - you're right, many people buy without reading and then ask for refund later. Others might feel buyer's remorse. In my case, the most common request was because of their personal taste. You see, I'm selling a theme for developers and they…
Re: A solo journey to $100k in sales
#146I checked out the theme itself, and immediately a message showed up saying that it detected my country and offered me a discount code to make sure that the theme is still affordable for my country. It's simple things like this that probably help a side project like this get to where it is, great job!
I wonder how does one put a price on a product like this. For example, if I am paying for a cloud VM instance, I could calculate the energy per CPU, hardware costs, etc. and ultimately come to a reasonable price. What would be the thought process for reaching a certain price for this specific product?
Everything is priced based on what people are willing to pay. Supply and demand.
Re: A solo journey to $100k in sales
#147Re: A solo journey to $100k in sales
#148Congratulations on this. You’re doing a stellar job on all of this - your hard work is paying off.
Re: A solo journey to $100k in sales
#149I remember my first refund. It actually mattered much more to me than the first sale. Congratulations on this. You’re doing a stellar job on all of this - your hard work is paying off.
Thank you so much Steve for the kind words.
Re: A solo journey to $100k in sales
#150Earlier quoted context omitted.
In 2001, Mike Cannon-Brookes and Scott Farquhar thought “Let’s sell an equivalent to the dozen of free open-source bugtrackers, but for a price.” Today Atlassian is worth about $60bn, they owned about 75%.
And it's ripe for a lightweight alternative that gets customers that want the fast, basic set of bug tracking features. Jira is horrific.