Here’s my plan for my consumer based SaaS mobile app.
- Iterate as much as possible until retention rate is high (40% 1st Week, 10% 24th Week)
- Improve the premium version as much as possible to generate revenue
- Advertise and bring in more and more users until we’re generating 10K/Month revenue
- Raise $150,000 Seed
Where we are right now
- Been working on it for 2.5 years
- Retention is mid, (35% 1st week, 5% 24th week)
- Currently generating 1k/Month revenue (Premium version has a lot more potential, haven’t focused on it much since I’ve been focusing all my effort on retention)
Side Notes:
- This app solves a major pain point in my life and other peoples lives
- It is in a saturated market, but from personal experience all the existing solutions are pretty bad
- People are willing to pay money for this solution
That’s my plan for my consumer-based SaaS mobile app.hat do you guys think?
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