pretty cool application. Working on a startup that uses location as well, it is nice to see the simplicity being applied to something like this. It has potential, keep up the good work
I totally agree with everything here. We are in the processing of getting our MVP out by the end of the month. This also might help clarify some things--the feedback was from a group of investors that were run through an investor pitch and product demo.
That said, they might not be able to totally define how the product will be received in the market, but they might be right on the money about customer acquisition and sales strategy. The main feedback was to have a lower cost and more scalable sales and acquisition model. This is why a product pivot may be a good start, because the product in development now might not be able to successfully find a good fit with customer and sales strategies.
However, not having the MVP out there to understand how users interact makes a product pivot question harder to address.
I should have clarified it better, my apologies. But yes, OpenTable is a very good example. Restaurants pay to use the software, but do receive any value from using OpenTable unless they market it to their customers that the restaurant uses OpenTable and allows patrons to make reservations online.
Love the design of both Freckle and Charde.sk. Thanks for the help. As a young and first time entrepreneur, I like to think I know the answers, but most of the time it is not the case. Finding out what is needed from a strategic standpoint is something that I have found others are willing to share, especially bootstrapped, product based startups. I will definitely be checking out your blog at unicornfree.com! My name is Matt :)
I have learned more about pricing stuff from you than I hoped! Thanks for the valuable insight. I have one more question that does not apply to you and Freckle directly now, but I was wondering if you could share some thoughts on it anyway. Before launching a product, how important is it to have a marketing page visible on our website?
ahoyhere, thanks for the insight. I am working on pricing for our startup right now. We serve different markets, but I found your pricing structure interesting, that is why I used it as an example. Is there something to be said for offering a very cheap package instead of free (similar to the Chompstack pricing)? Have you guys tried that at Freckle?
-Freckle obviously plays better with the "idiot package" by upselling 10 more accounts instead of 1 restaurant like chompstack
They both had different pricing strategies I see when sorting through the tiers:
-Chompstack just went up $15 each tier
-Freckle doubled each time instead of sticking with a fixed rate