Lifetime Deals

“And it's like one-time payments or lifetime deals, however we want to call them, and I am bearish on them. In general, I wouldn't do them”

“I'm almost viewing the criteria more like freemium, because it kind of is freemium. You get one payment, you do get some money, but then they're freemium from then on.”

“Lifetime deals are like free plans, and free plans really only work well, they're only worth it, usually, If you have some type of virality, like built-in virality, not like, oh, there's a share button here.”

“By the time you get there, like, cut the lifetime, cut the one time deal, but it becomes addictive, right? Because it's a lot of cash, because you're getting your whole lifetime value. Up front.”

“So one of the major unlocks that we found with task magic really early on was people didn't want to pay subscription pricing constantly. And the way to like really have this bank roll itself at the beginning was like lifetime deal and then usage based pricing.”

“Lifetime deals, which are always limited in a number and limited in the in timeframe. And this gives two levers to basically reduce the procrastination that basically everyone has and it works very, very effectively.”

“And then set a clear line, so no refunds, ok? Otherwise, your lifetime deal gets jeopardized.”

“Among these people, the willingness to pay lifetime is easily three to five times more compared to a yearly plan.”

“Early stage, a lifetime deal is the smartest move you can make. You're basically raising capital from your customers without giving away equity, control, board seats, and getting amazing feedback. So I don't think there is anything better than this.”

“I think if it's kind of a make or break, or you want that really fast user base or revenue growth, then it's a really good lever to engage, but obviously it's not for everyone, and it doesn't always play out the way you want, and it can lead to, you know, mass…”

“So there is a churn in LTD customers. Also the only like 10% of these customers are really going to use your product after a certain period or around 20 to 25 customers.”

“Launching on LTD is not just for cash. It's for these purposes also. Like we were able to reattend, 15 ambassadors for our product that actually helped us make our product product of the week.”

“One tip actually is to do a lifetime deal, have some customers come in, and those customers can then hopefully invite more customers that are paying Higher amounts, and that will get you that initial burst of users that are paying and can bump up your revenue …”

“Lifetime deals can actually work heavily against you in acquisition, because as a buyer, you're essentially taking on these users that are free users. They're not paying any revenue. And so sometimes that can actually dent your valuation, depending on how many…”

“If it's an AI product, and you know every call somebody makes, it's gonna cost you, and you're selling a lifetime deal at 50 bucks just all is, all, all the software. Then you're putting yourself at risk, because that person can come in and, like, do a thousan…”

“Those are useless in SaaS.”