💰 As a solo-maker, how've you tried to monetise your product?
Kausambi Manjita
22 replies
Replies
Ivan Dudin@myprlab
Blocks
I had another thing going on. I was charging overcost for my expertise. It was working and I was making a lot of money. But as a solo developer, I couldn't take the strain, got tired and shut down my product at the very peak of its success.
In general, don't repeat my mistakes. When your product starts making any money at all, think about building a team.
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AI Titans - The Quiz
Blocks
AI Titans - The Quiz
Freemium + Subscription Based
If you follow the above model your product monetisation will work very well
Literally my favourite topic - show me the money!
https://twitter.com/dannypostmaa...
AI Titans - The Quiz
@barada_sahu haha good one :)
LaunchPedia
Lifetime access
What about you?
AI Titans - The Quiz
@karthik_tatikonda depends on the product, but outcome based for my current set of product line 🚀
Usage based pricing gave us a win-win situation for us and our customers as we only had to charge for the services they took.
Launching soon!
@sourav_mohanty1 Was it difficult to get buy in from customers with this UBP model? Also, did it help your margin?
AI Titans - The Quiz
@sourav_mohanty1 Thats interesting. What kind of usage are we talking about here? Could you elaborate?
Monthly subscription, classic.
AI Titans - The Quiz
@sergey_firkin classic indeed
Just monthly and yearly subscriptions.
PodcastGPT
The product I'm currently launching will be completely for free!
12 month deals only at this point
Comment Deleted
Ad based
@kmanjita in my case, the product is a photo background remover. There are many sites that offer this service, most of which offer subscriptions. For people adverse to ads, one of these sites is ideal. For people who are okay with ads, UnlimitedBG offers something nobody else is giving away for free - unlimited HD quality downloads and batch processing. Overtime, however, I could see offering an ad-free experience in exchange for a fee should enough users request this.
I've tried to monetize my product by implementing a freemium model, offering essential features for free while providing premium functionalities through subscription tiers, additionally leveraging targeted marketing and partnerships with influencers to increase visibility and conversion rates.
AI Titans - The Quiz
@jeremy_perez240 So freemium + subscription, if I may?