Need feedback on monetization mode.
Hello IH Family,
First Happy New Year to all of you and wishing you great success in 2020 and upcoming years.
I am running StartupAround.com for almost 2.5 months and seeing awesome traction as in this period crossed 12k+ visitors and seeing 200 visitors average daily. Now, planning to monetize but I really do not want to compromise on-site quality with popups and banners of ads.
So, I decided to launch my digital products at very minimal pricing such as between $2 - $8 to serve my nice audience. Today, I announced the first product which is an ultimate guide on growth hacking for startups to scale up in 2020.
Link: https://startuparound.com/download/grwoth-hacking-guide
My questions are,
- What do you think about this monetization model?
- Any feedback or suggestion to improve?
If you like this guide, please help me by spreading the word or buying one. Upto you!
Thank you family!
The problem with this monetization model is lower willingness to pay.
There is lot of free information available out there about same / similar topics. So less number of people will be willing to pay for it. So it will turn out to be low volume sales.
Now, since your product price is also low, the profit your make out of this sales will also be low.
Remember : Low priced product with low sales volume is a disaster
I will give you different monetization model around this. For this you needs to tie up with one IT service companies for each category.
For further information, get in touch with me.
Sure. How can i get in touch with you?
Skype ID : sachin.g.kulkarni
Hi Daxeel,
That's amazing traction in such a short time!
I'm trying to help make new monetization methods possible with https://Gived.Org (alternative to Adverts, annoying subscription requests etc.)
I'm still experimenting, but would love to chat more about your thoughts and what works for you.
Thanks for your suggestions. I will definitely check this out Gived.