As others say, hold on. We've all experienced this feeling, whether we are successful or not.
The fact that 10% are ready to pay is already a good thing. Now, try to reach out to these people to understand why they subscribed and what they are looking for. In the same vein, try to understand why people churn. Most will not answer, but a few will.
Once you have identified what people really want and why they churn, continue to ship. Then, consider increasing prices for new customers, or add new features that require existing users to pay extra. Eventually, loop again.
Thanks Laurent! That's good advice. I actually have a big list of feedbacks, and have been implemented them. I have a few ideas for extra features that could justify higher prices, but I spent too much time on this right now. I need to work on something else and might come back at it.
As others say, hold on. We've all experienced this feeling, whether we are successful or not.
The fact that 10% are ready to pay is already a good thing. Now, try to reach out to these people to understand why they subscribed and what they are looking for. In the same vein, try to understand why people churn. Most will not answer, but a few will.
Once you have identified what people really want and why they churn, continue to ship. Then, consider increasing prices for new customers, or add new features that require existing users to pay extra. Eventually, loop again.
Thanks Laurent! That's good advice. I actually have a big list of feedbacks, and have been implemented them. I have a few ideas for extra features that could justify higher prices, but I spent too much time on this right now. I need to work on something else and might come back at it.