lifetime deals

“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.”

“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.”

“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.”

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

“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.”

“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.”