Live data from Hacker News

Show HN: After $30M in Sales We've Switched Our Business Model

trainsignal.com

1–10 of 16 posts

Show HN: After $30M in Sales We've Switched Our Business Model

#1
To date we've been selling IT training courses on DVD's for approximately $400 a piece. We create the curriculum, create the content, market it ourselves, everything.

We've sold almost $35 million dollars of our own IT training one course at a time to about 50,000 customers in 147 countries. Being in business for a number of years we've built up expenses to approximately $500k and we're risking it all to start from 0 subscribers with the subscription model.

Completely bootstrapped, no outside money.

Show HN: After $30M in Sales We've Switched Our Business Model
trainsignal.com

Re: Show HN: After $30M in Sales We've Switched Our Business Model

#2
To date we've been selling IT training courses on DVD's for approximately $400 a piece. We create the curriculum, create the content, market it ourselves, everything.

We've sold almost $35 million dollars of our own IT training one course at a time to about 50,000 customers in 147 countries. Being in business for a number of years we've built up expenses to over $500k monthly and we're risking it all to start from 0 subscribers with the subscription model.

Completely bootstrapped, no outside money.

Re: Show HN: After $30M in Sales We've Switched Our Business Model

#4
post #3

Sounds like a very fair pricing to me. For 600USD p.a. I can boost my technical qualifications in all directions. Guess I'll use your platform sooner or later!

We offer annual pricing at $468/year, an even better deal. Let me know what you think after you've had a chance to use us.

Re: Show HN: After $30M in Sales We've Switched Our Business Model

#7
post #6

What was the before and after? Sorry, i'm not familiar with your business.

More detailed breakdown in a previous comment of mine in this thread.

@Stealx Your previous comment is dead for some reason. Re-posting it below:

"To date we've been selling IT training courses on DVD's for approximately $400 a piece. We create the curriculum, create the content, market it ourselves, everything. We've sold almost $35 million dollars of our own IT training one course at a time to about 50,000 customers in 147 countries. Being in business for a number of years we've built up expenses to over $500k monthly and we're risking it all to start from 0 subscribers with the subscription model. Completely bootstrapped, no outside money."

Are you offering previous customers who purchased at least one IT training course a subscription discount? It seems that would guarantee an immediate early seed base for subscriptions, even if they are at a discount.

Re: Show HN: After $30M in Sales We've Switched Our Business Model

#10
This is a massive pivot from selling physical media to online subscription media, takes both courage and focused execution to pull off successfully. I think TrainSignal's leadership and overall team is the right group of people to do this successfully. They are a company to watch and take notes from.
Post reply on HN