Quick question -
Aishwarya
8 replies
Would you rather have 1000 active users who pay nothing, or 100 users who pay $50/month? Curious about your thinking π€
Replies
Lindsay Davis@imlindsay
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Can I be a little bit greedy and take both?π
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@imlindsay Hehe! For Sure! That's what I also would wantπ
Pocket Hansei
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1000 active users with lowest churn rate.
@krazygaurav93 Won't it be tough to convert them, even if that's the case.
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Depends on product form and data indicators. To increase exposure and pursue long-term growth, I would choose 1,000 daily active users; to focus on short-term financial goals, choose the latter. Attract active users first, and then increase your paid conversion rate. What do you think?
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@alexxiang That is a nice way to do. But, I feel, if we have 1000 unpaid Active users and then try to get your paid users, they tend to loose the "Financial Trust" on the product.
Correct me if I am wrong here.
Having 1000 free users will allow you to quickly see initial market reaction and provide data to improve your service. On the other hand, 100 users can make the most of your revenue streams and exploit the real potential of your service.
As I begin the battle as a startup, I will check the market reaction, secure beta users, and aim for advertising revenue.
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