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Anonymous

Hey I am on Medial • 1y

I have a product which is one-time purchase. It's a solution which educates people of something and then they're good to go. So they do not need to buy it again and again. I was thinking that with this solo product, I'll always have to look out for new prospects. Is there any way to generate recurring revenue from my customers? Because I don't want to keep creating new complementary things all the time, either. I thought of subscription model. But you cannot really turn it into a membership or a SaaS thing. If you have a knowledge gap in something, and I provide you a product with a framework which solves your knowledge gap (like a career deciding guide for example), you'll no longer need me. How can i keep getting revenue from you? What would you pay me further for?

6 Replies

Replies (6)

Harsh Gupta

Digital Marketer (Me... • 1y

You have given a very broad details and it's very generic , your question's answer cannot be given on this data , we need to know what specifically you provide to your customers, that will make us thing were your product can be modified so that it gives you recurring revenue

1 Reply

Naveen Kumar

Hey I am on Medial • 1y

Create a self sustaining community around your product with your customers and monetize through monthly subscription.

SHIV DIXIT

CHAIRMAN - BITEX IND... • 1y

Lunching different upgraded version of that solo product makes more revenue

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