🚀 Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. 🔥
Login

Back

Hemant Prajapati

 • 

Techsaga Corporations • 8m

Follow for more || Bookmark for sure || Share your support:--- . . 📈 Guide to Implementing the Freemium Model for Your Business 🚀 . . 🎯 Identify Core Value |:-> Offer your most compelling features for free to attract users. --:-> Stat: 90% of users try the free version before upgrading. 🔍 Segment Your Features |:-> Split features into free (basic) and premium (advanced) tiers. --:-> Stat: Businesses with segmented features see a 30% increase in conversions. 👥 Attract & Engage Users |:-> Use free content or services to build a user base and engage them regularly. --:-> Stat: Engaged users are 5x more likely to upgrade. 💡 Highlight Premium Benefits |:-> Regularly showcase the benefits of upgrading through in-app prompts or emails. --:-> Stat: 60% of upgrades occur after users see a clear benefit comparison. 💰 Optimize Pricing |:-> Test different pricing tiers to find the sweet spot that maximizes conversions. --:-> Stat: Optimized pricing can lead to a 25% increase in revenue. 📊 Monitor & Improve |:-> Continuously track user behavior and adjust your offerings based on feedback. --:-> Stat: Businesses that iterate on their freemium model see a 40% boost in long-term success. Use these steps to attract, convert, and retain users with a well-executed freemium model. 💼🚀

1 replies4 likes
1
Replies (1)

More like this

Recommendations from Medial

Image Description
Image Description

Arun Bairagi

Serious Thinker • 7m

Currently medial is pre-revenue and free for users. If they start subscription or freemium model, will you continue to use it and if continue, which model will you choose? (If medial is finding this post, can you tell us what would be your revenue m

See More
2 replies2 likes
Image Description
Image Description

Vishnu kumaran

Design guide for you... • 5m

Pricing is the core of your SaaS offering. It’s crucial to handle well, but it needs to be done right. What makes a pricing section nearly perfect? ~ Clarity and Simplicity: Display pricing and features clearly with easy-to-read layouts. Avoid conf

See More
6 replies7 likes
3

Thakur Ambuj Singh

🚀 Entrepreneur | Re... • 26d

Breaking Barriers with the Free Moat! 🚀💡 Companies like Dropbox, Spotify and Canva attract users with free plans, leading to

0 replies6 likes
2
Image Description

Purnendu Mukherjee

Doxlib • 3m

Startup Survival Story - 2 Mailchimp: The Power of Pivoting _________________________________ Mailchimp began as a side project offering email marketing services to small businesses. For years, the founders, Ben Chestnut and Dan Kurzius, struggled

See More
1 replies5 likes
1

Maniraj N G

Marketing & Systems ... • 4m

🎯 What is the Ad-Supported Revenue Model? 🎯 In an ad-supported revenue model, businesses offer products or services for free (or at a low cost) while earning revenue by displaying advertisements to their users. How it works: 1️⃣ You attract a lar

See More
0 replies1 like
1
Anonymous

Anonymous

Hey I am on Medial • 1m

Market Research Platform for Startups A centralized platform that helps early-stage startups conduct market research for free, offering: 1. Step-by-Step Research Guide – Interactive checklists & AI-powered insights. 2. Competitor & Trend An

See More
0 replies5 likes
2
Image Description

Mohammad Asaad Sayed

My mind to me a king... • 1m

MailChimp’s Bootstrapping Journey: From Garage to $12B 🚀 The Problem:In 2001, Ben Chestnut and Dan Kurzius started MailChimp as a side project. No VC funding, just a small web design agency struggling to meet client demands for email newsletters.

See More
1 replies14 likes

Vikas Acharya

 • 

Medial • 4m

STARTUP TERMS TO KNOW -Day 3 1.Exit Strategy - A plan for investors to cash out, typically through an IPO or acquisition. 2.Cap Table (Capitalization Table) - A spreadsheet showing ownership stakes in a company. 3.Freemium - A pricing strategy whe

See More
0 replies2 likes
1
Anonymous
Image Description
Image Description

Anonymous

Hey I am on Medial • 9m

I am working on an idea which provides dynamic pricing plans for thier products and subscription to users. Which can analyse 100s of parameters of user and recommend different price to increase conversions and boost sales Quick example can be swigg

See More
2 replies13 likes
2

Vansh Khandelwal

Full Stack Web Devel... • 2m

Kredily, a standout in Human Resource Software, thrives on the principle "Great players do not compete, they dominate." Its success stems from five core strategies: the Free Forever Plan (FFP), which uses a freemium-to-premium model; the Pastry to Ca

See More
0 replies4 likes

Download the medial app to read full posts, comements and news.