Ask HN: How much recurring income do you generate, and from what?
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Re: Ask HN: How much recurring income do you generate, and from what?
#22the hard part is keeping the profits as we learn to scale the business.
Re: Ask HN: How much recurring income do you generate, and from what?
#23Re: Ask HN: How much recurring income do you generate, and from what?
#24I've made about $3k a month in semi-passive income from my codecanyon portfolio in 2013. I call it semi-passive income because I have to spend some time on support each day, but it usually doesn't take more than 30 minutes. EDIT: My portfolio http://codecanyon.net/user/23andwalnut/portfolio
Re: Ask HN: How much recurring income do you generate, and from what?
#25Re: Ask HN: How much recurring income do you generate, and from what?
#26I run a HR app for SMEs called http://www.staffsquared.com. We're making a comfortable 5 figures each month.
We're reinvesting this income back in the product either in the form of new functionality (paying programmers) or advertising (paying Google Adwords). We've increased our Adwords spend, invested in SEO (on page and off page) and a recent redesign saw a decrease in bounce rate and increase in trial sign up rates.
Our site visit to trial sign up rate for the last five months looks like this:
April: 13.02%
May: 12.37%
June: 13.76%
July: 15.61%
August: 16.46%
Our bounce rate for the last five months looks like this:
April: 39.54%
May: 40.06%
June: 37.21%
July: 32.8%
August: 31.17%
So both of those top end of the funnel stats are moving in the right direction.
Our free trial to paying customers is the area we're really focussing on at the moment as it's really not high enough. So we're re-targeting accounts that have expired to find out how we can serve them better and tell them about new features. We're also working hard on our onboarding stuff (the type of stuff you'll read patio11 talking about) including more intelligent automated e-mails based on the status of their account at a point in time.
Happy to answer any questions you good people might have where I can...
Re: Ask HN: How much recurring income do you generate, and from what?
#27I make around $5 to $10 a day from my site http://tunes.io I haven't put any effort into marketing it or trying to monetize it other than adsense. Maybe I should be trying harder!
I was about to post, "How do you make money on this?" And then I remembered that I use AdBlock. D'oh! I paused it and refreshed a couple times.
Re: Ask HN: How much recurring income do you generate, and from what?
#28TL;DR: The top of our funnel is fine, and our app is making money, but it's not "easy money" and our trial to paying customer sign up needs some serious attention. I run a HR app for SMEs called http://www.staffsquared.com . We're making a comfortable 5 figures each month. We're reinvesting this income back in the product either in the form of new functionality (paying programmers) or advertising (paying Google Adwor…
Re: Ask HN: How much recurring income do you generate, and from what?
#29I've made about $3k a month in semi-passive income from my codecanyon portfolio in 2013. I call it semi-passive income because I have to spend some time on support each day, but it usually doesn't take more than 30 minutes. EDIT: My portfolio http://codecanyon.net/user/23andwalnut/portfolio
What plugins did you publish?