Stripe.com - AwareIM Plugin Development

hpl123

BenHayat wrote
Rod, in your experience and product line, which subscription (monthly or annually) do you find more popular and picked by your clients? What's the ratio?

So many product subscriptions offer both and some only yearly. I always wonder, which one sells more.
Thanks!

A tip is to offer a month free when paying for a full year, that will probably (when app is established) lead to more yearly payments and that is IMO much better from a business perspective i.e. getting more cash in the door you can invest back into the business.

BenHayat

hpl123 wrote
BenHayat wrote
Rod, in your experience and product line, which subscription (monthly or annually) do you find more popular and picked by your clients? What's the ratio?

So many product subscriptions offer both and some only yearly. I always wonder, which one sells more.
Thanks!

A tip is to offer a month free when paying for a full year, that will probably (when app is established) lead to more yearly payments and that is IMO much better from a business perspective i.e. getting more cash in the door you can invest back into the business.

My plan is that, everyone gets either 14 or 30 days free to start [haven't decided on # of days]. Then the either buy a yearly subscription or monthly. If they buy yearly, the total amount is the same as 10 months monthly. So, a yearly plan gives them 2 additional months for free.
That's what I'm thinking... Without the Stripe plugin, I couldn't do the monthly automated billing. So the timing is perfect.

hpl123

BenHayat wrote
hpl123 wrote
BenHayat wrote
Rod, in your experience and product line, which subscription (monthly or annually) do you find more popular and picked by your clients? What's the ratio?

So many product subscriptions offer both and some only yearly. I always wonder, which one sells more.
Thanks!

A tip is to offer a month free when paying for a full year, that will probably (when app is established) lead to more yearly payments and that is IMO much better from a business perspective i.e. getting more cash in the door you can invest back into the business.

My plan is that, everyone gets either 14 or 30 days free to start [haven't decided on # of days]. Then the either buy a yearly subscription or monthly. If they buy yearly, the total amount is the same as 10 months monthly. So, a yearly plan gives them 2 additional months for free.
That's what I'm thinking... Without the Stripe plugin, I couldn't do the monthly automated billing. So the timing is perfect.

I do a 30 day trial and during that time 1) the user has enough time to test the app thoroughly , and , 2) I have email blasts going out during the 30 days to try to convert the user to a paying customer. A great book in this area (lots of examples of 30 day trial email sequences etc.) is this one: http://www.beautiful-email-newsletters.com/30_days_to_sell/ .

BenHayat

hpl123 wrote
I do a 30 day trial and during that time 1) the user has enough time to test the app thoroughly , and , 2) I have email blasts going out during the 30 days to try to convert the user to a paying customer. A great book in this area (lots of examples of 30 day trial email sequences etc.) is this one: http://www.beautiful-email-newsletters.com/30_days_to_sell/ .

Thanks for the link. I'll get the book and read it.

RLJB

Update: Awaresoft has now been engaged to develop this plugin. If anyone would like to contribute to the project and get the plugin when it is completed (mid next week) please either post here or PM me. It is USD$205 - which as Hendrik pointed out above, is a quarter of the development price, and only available while we are in this development phase.

BenHayat

Just to remind everyone, the $205 deal is coming to end. Grab it before it goes up...

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