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CashBase has been free from the start and we now have a product worth paying for - so we're looking for the best revenue model.
Our best option goes like this: 1. User signs up for free and can use the entire app with no feature limitations until they hit 100 transactions (expenses...) - which adds up to roughly 3 months of usage. 2. At that point, they are allowed to view the data, reports, export it etc. We ask them to subscribe for $X/mo or $Y/yr, to continue using the app (adding transactions).
The price point we're considering is $29/yr ($2.4/mo) - one yearly payment, 60-day money back guarantee.
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How does this sound? Could you think of a better model? Do you think the price is right, or too high, or too low?
Thank you in advance. Any feedback is hugely appreciated.
It's fairly successful, there are hundreds of sites powered by it (others existed but disappeared in time), we have an active community, freelancers build custom extensions... it's a good environment. However, we've never made any money with it and it has stagnated for about a year, in terms of development, because there aren't any incentives to continue to develop it.
I'm looking for options, because it's a pitty to just see it exist out of inertia and other people's interest.
What would you do with it? How would you build a business on top of it?
Thanks, I'd appreciate any insights!
http://www.jobberbase.com/
What do you think?
CashBase is a personal finance app for people who hate personal finance apps.
It's a side-project, started as a web application, but since December we have an iPhone app and the Android app is on it's way, ETA 1 month.
We launched it (almost completely) silently in June 2010 and now have over 2,000 users. The app is completely free (web + iPhone) because we have yet to find a good business model. But we're using this time to improve the product, connect with our users and figure out how to make money.
What features do you consider would be worth having in a Premium paid subscription and for how much (per month)?
We'd love to find out what you think about CashBase!
Thanks :).
If you're asking yourself who these founders are, let me name a few of the companies they built: Skype, last.fm, Bebo, lastminute.com, MySQL, MoneyBookers, Spotify, PollDaddy, Yandex and others.
I'm planning to self-publish it and use Amazon's CreateSpace (.com) as a distribution channel and for on-demand printing.
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I'd appreciate any thoughts you might have on this that you would like to share. If you'd rather do it in private, feel free to email me at filipcte@gmail.com.
I believe there's a huge interest for this book and I hope it will inspire young entrepreneurs as much as Founders at Work has inspired people.
Thanks!
I'm building a personal finance app and would like to know what other companies use Yodlee.com's SDK to provide customers access to their online banking data, except Mint and InDinero?
Are there any realistic alternatives for accessing this data? I believe that building screen scrapers from scratch is not a good one.
Thank you!