Share your MRR Goal & what's you plan to achieve it ?
Nithin Jawahar
8 replies
We plan to reach $5k MRR before the end of this year at LaunchPedia.
We plan to achieve it by:
1) Launching 12 products in 12 months
2) Optimizing our email funnels to convert free users to paid
3) Crack more distribution channels like reddit
What about you?
Share the MRR Goal you want to reach & How you plan on reaching them π
Replies
Alexander Dolton@alexander_dolton
That's an ambitious goal! Launching 12 products in 12 months is quite the challenge, but it's a great way to diversify your offerings and attract more users. Optimizing email funnels is a smart move, as it can significantly impact conversion rates. And cracking more distribution channels like Reddit can definitely help in reaching a wider audience.
Share
Our plan is to reach first $10k MRR this year. We already sold around $70k in Lifetime Deals and got a waitlist of over 3k supporters.
Our plan is to reach first $10k MRR this year. We already sold around $70k in Lifetime Deals and got a waitlist of over 3k supporters.
Something we're working on:
1) Launching and promoting lead magnets to grow the email list
2) Nurturing emails, sharing value with our audience
3) Cold outreach plays significant role to connect with partners and potential clients.
Overall, getting recurring revenue feels much more hard compared to driving a bunch of lifetime deals sales. We did not launch on AppSumo, rather just selling from our website.
PH Hunters
@yaro_y As a digital product creator, I always thought recurring revenue was the best part about running a SaaS. But recently I'm starting to realize how hard it is to achieve that after hearing the experience of saas founders like yourself.
Btw, lead magnets are something we're focusing on as well. We're building a bunch of useful free tools for our target audience, so that we can get a constant stream of traffic to the site, and eventually upsell our paid products.
Stylar
That's an ambitious goal! Launching 12 products in 12 months is quite the challenge, but it's a great way to diversify your offerings and attract more users. Optimizing email funnels is a smart move, as it can significantly impact conversion rates. And cracking more distribution channels like Reddit can definitely help in reaching a wider audience.
As for me, I'm aiming to reach $10k MRR by the end of the year. To achieve this, I plan to focus on enhancing user engagement through personalized onboarding experiences and leveraging partnerships with complementary products to expand our reach.
Wishing you the best in achieving your MRR goal! Keep up the great work at LaunchPedia.
my plan is to make β¬10k MRR a month through various products, some implemented some not:
- AI-based crypto newsletter that posts summaries of Youtube videos of top crypto creators. https://quickview.watch
- Products around Substack newsletter platform.
PH Hunters
@marco_moauro1 I love this AI based newsletter idea Marco. Can be an automated way to grow your subscribers and monetize them. I'm excited to explore them for my niche as well. All the best π