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From Free to Freemium

by Jonathan Boutelle on Oct 25, 2010

2,721 views

How we launched slideshare's premium offering.

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How we launched slideshare's premium offering.

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Favorites: 3
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Intro (me and slideshare) Journey to freemium Different for media businesses than it is for productivity businesses
1) Accounting 2) Fair
Positive network externalities Skype: Computer-to-Computer DropBox: Sharing with other people SlideShare: Public Sharing User adoption + Money
Leadshare story APPEAL TO SUPER-CHEAP
Leadshare informed too much by what b2b marketers do, and how they think. For freemium to really perform it has to be addressing VSBs CHANNELS
ANALYTICS Paying customers have credibility … they’ve proven they will buy. TALK ABOUT ANALYTICS HERE!!!
buffet
So we came up with a pricing plan, and sort of soft-launched our premium offering. We didn't make it easy to find out that we had a subscription offering, but we had a the offering live on the site and we started sending links to the page to people who were already buying leadshare or who were interested in channels. Unbounce Change the PAGE, not the PLAN Make the pricing page in unbounce or performable, so that you can rapidly test different versions without impacting engineering Implement subscription billing using a subscription service, so you don’t have to deal with the headache of that Build the ability for different types of accounts, but start out with every type of account having every feature (on the back end). That way you can make any change to the plan descriptions you want, and not be lying
BJ Fogg
FUNNELS
FRAMING FIRST IMPRESSIONS MATTER (picture of a dork)
Need video snapshot of this guy
Track churn with cohort analysis. TRACK BY WEEK Interview customers for why they cancelled Aggressively add new features to paid plans DESIGN FROM BEGINNING for cohort analysis
SOCIAL PROOF Business class (IMAGE?)
Simplifies product planning

3 Favorites

chiaotsu 7 months ago
yunismiguel 1 year ago
Mani Kumar , Software Development Engineer at Amazon! 1 year ago

From Free to Freemium — Presentation Transcript

Adding Freemium to SlideShare @jboutelle slideshare.net/jboutelle www.jonathanboutelle.com
What our premium services look like
“ Charge for things that cost you money“
“ Don’t charge for things that bring you more users”
Paying by the drink is stressful
Pre-pay makes price experiments difficult
Freemium Customers = small business
Bundles increase perceived value
Test subscription plans the easy way
Give them a “trigger”
First Impressions matter First Impressions Matter
“ Free users keep you honest”
PAID users keep you honest
“ You need to have a conversion rate of 1% - 4%”
Conversion volume matters, not conversion rate
“Free users are our marketing cost / distribution strategy”
Free users generate revenue
Churn kills
Use Cohort Analysis to understand Churn Caution: generating this data harder than it looks
Flattery will get you places
Customers will tell you what to build and how much to charge
Blended Revenue
The stats that matter
- Churn
- Conversion Funnel Stats
- Raw Conversions
slides are at slideshare.net/jboutelle

From Free to Freemium

by Jonathan Boutelle on Oct 25, 2010

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From Free to Freemium — Presentation Transcript