With lifetime deals, attract early adopters as well as evangelists. Users will be more inclined to try the product if they are offered deep discounts or a clear roadmap. File size: 1.48 MB Format File: [1 Report (HTML)]
TrendsVC PRO 0047 – Lifetime Deals
Predictions
LTDs will be an alternative asset type. Generous deals like ActiveChat’s are sold in Facebook groups at 500%+ markups.
SendFox’s lifetime deal plus subscription model will become common. A $49 one-To subscribe, you will need to pay a time deposit.
Opportunities
With lifetime deals, attract early adopters as well as evangelists. A promising roadmap and deep discounts can encourage users to take a chance.
Customers raise more than investors. Option Alpha sold LTDs at $2,497 each to retain equity.
Learn faster. Matt Byrom stated that the main reason to start an LTD was for useful feedback and not revenue.
To increase your average order amount, you can code stack. Curated allows multiple LTD codes for more functionality.
Key Lessons
More important than recurring revenue is customer lifetime value.
Lifetime Deals reduce buying cycles. Lifetime deals can be treated as insurance when there is an urgent need. We will buy whatever we need.
Archive: https://archive.fo/5Duz3
Course Features
- Lecture 0
- Quiz 0
- Duration 50 hours
- Skill level All levels
- Language English
- Students 47
- Assessments Yes