Ask HN: We didn't get a single person to pay for our SAAS – what could be wrong?
It's not the product, I strongly believe we have a decent product.
we recently launched Sieve PRO https://www.producthunt.com/posts/sieve-pro
https://www.sievehq.com/ a saas, where we provide all tools for anyone in tech to start freelancing in 15 minutes. This includes a personal website, client on-boarding, NDAs, requirement collection, eventually invoices, payments, and agreements.
When we had 600 people coming to our website, had 400 people click the signup but only 40 people signed up and NO ONE PAID.
We were asking for yearly payment $348 ($29/mo) as a part of Elite 100 program where we give away 100,000 shares for the first 100 people and all the features coming up in the next year for free.
What did we do wrong?
324 comments
[ 3.2 ms ] story [ 315 ms ] threadNot articulating, testing, and validating all of your initial assumptions before building/launching the project?
Who did you talk to first? Are you sure there's a market of people who have the problem you're trying to solve? What research did you to to identify your potential market? How do you know how to reach that market (hint: they might not read Product Hunt)? Do you know how much they're willing to pay? Maybe you're charging too much. Maybe you're not charging enough (if something is too cheap, it can be perceived as low quality even if it isn't).
Or maybe you just haven't given it enough time yet. When did you launch? How quickly do you think people can evaluate a solution like this, decide if it's what they need or not, decide how to integrate it into their business, etc? How quick could you do the same?
Maybe you just need to run a drip campaign (you have emails from the people who signed up?). Or maybe you need some good old fashioned outbound selling... go all Glengarry Glen Ross on 'em...
About validation, we launched on upcoming a month ago with a landing page https://www.producthunt.com/upcoming/sieve-pro and had over 150 people subscribe.
Maybe it's about giving it time, we only launched on product hunt 2 days ago :)
I was particularly intrigued by what happens between clicking signup and then dropping off, we had 400 out of 600 people click signup and then drop off.
You could include a nudge to increase their pricing for that project to cover X months of usage of the tool (depending on project size I guess).
It sounds like you're in a spot where people are interested in your company, (why you have sign ups) but you're not solving a hair-on-fire problem. Heck, you yourself wrote that you strongly believe you have a "decent" product—Not an amazing product, not a product that freelancers are going to rave about to their friends. Just a decent product.
Try talking with a lot more potential customers, and when they are nice and tell you it is good and such and such, actually ask for $10. I think in those cases you'll all of a sudden hear something different from them.
You need to do basic testing on your product before rolling it out.
You also ask that I enter my credit card and you want to charge me 10$ upfront, without having established any sort of trust, or having shown the product to me. I would never do that. I don't even do that for established trust worthy companies. I wan't to see and test the product before I buy.
Personally I have never seen credit card information being asked in a typeform but that could just be me.
To start with maybe you could show a video of the product? A demo of some kind. If your product really is good maybe you could offer 7 days or 30 days free?
The site feels a bit unfinished too, if I click on the elite 100 at the top it seems to bring me to the index page again.
It looks nice though, good luck and I hope the feedback here helps.
We are a small team of hustlers wanting to build the best experience for freelancers to work with their clients. Soon in our journey, we realized building a startup is a lot of work, and it’s hard to focus on multiple areas. This is why we’ve launched the Elite 100 program and opening our platform to only 100 users for the first 6 months. We’ll not focus on growth, but only to serve the 100 users in the best way.
It was also deep-rooted in my conviction that the disparity between the rich and everyone else is larger than ever in the United States and the rest of the world. I believe a company working with masses should also give everyone a share of the benefits gained, this aligns with my personal mission as well, I’ve been working with communities for many years (and even in my personal capacity https://www.facebook.com/COD3BOY/posts/10155519455529473) and I believe the real success happens when we have a lot of people coming together on a mission and everyone is benefitted. By giving away 100,000 shares of our company we stand by that, and says when we are successful everyone who were with us will be benefited too.
> By giving away 100,000 shares of our company we stand by that, and says when we are successful everyone who were with us will be benefited too.
That's not what it says to me. What it says is that you are naive and your shares are worthless. If your company ever makes it you'll just dilute those shares to nothing.
https://platform.coop
It's a nice sentiment, but the most proven way of dealing with this is to get actual cash into their pockets without adding to the income disparity, which in this case would be giving e.g. LinkedIn or Robert Half or whoever (exploitative rent-seekers) a big slice of any money they make through a particular gateway (you).
only 40 people went through with the sign up? I would say thats just user churn because of bad onboarding.
the first thing I would do is let people sign up with just email and password, and actually let them use your product, for a free trial period.
the second thing I would focus on is getting your users to the "magical moment" of your app. Thats a term I first read in context of someone from the growth team at facebook talking about user churn and growth. for facebook, the magic moment for example, was "seeing your friends".[0]
For your app, I think, the magical moment could be the first time a user sucessfully onboards a new client through your app, and sees how easy it is to collect all the requirements etc. If they go through that, and its really much easier with your app, they can't help but start their next client project with your app as well, and upgrade to a paid plan. But to get to that moment, you probably need at least a couple of days. I would not charge users before that moment.
[0] https://blog.kissmetrics.com/alex-schultz-growth/
I have a stupid question regarding vocabulary, because I've seen this 'inherent' definition of 'churn' used around here more recently.
To me, when I do co-hort analyses, failure to onboard is a conversion failure. In any case - 'Customer Success' territory. 'Churn' is when the custom fails to re-up (for whatever reason).
Am I using the 'wrong words'?
(I don't know what is wrong with me... I found myself typing 're-novate' the other day... At least that makes more sense than 'co-hort')
There are also some grammar and writing issues on the landing page, though nothing too bad.
The "THE ELITE 100" link leads to the landing page.
There's almost no information about or examples of what any of the core features actually do or look like.
Second, the typeform signup form feels sketchy, and the animation on the homepage made me think "MS Frontpage".
I am reworking on the typeform real soon. Thanks :)
I have to ask. What on earth could possibly motivate you to go with that hideous, broken, typeform garbage instead of quickly implementing your own form?
The market you want is wanna-be freelancers. If you can break into the wix crowd you may have a shot.
I would have thought you'd at least make each of those 6 services clickable so I can see how they will look if I sign up.
Simple things like lacking a floating header so I can move up and down the site make it feel gimmicky.
Signup form looks cheap and nasty; if you're going to be presenting a polished UX for my clients, I would expect _your_ site to be a _top notch_ example of the quality you're going to offer to my clients.
https://www.producthunt.com/posts/sieve-pro
Admittedly, these tend to be quite crude but I have the added comfort that my accountant can get involved when necessary as they are familiar with it.
So perhaps the target market should be a different kind of freelancer.
Find out where they are and how to sell to them.
Your target market is freelancers, who no doubt already think they’re professionals (because who likes to think they’re not professional?). They’ll be thinking: “I’m already a professional freelancer. I don’t need this product.”
“We help freelancers become more professional with automatic streamlined process...”
Again - I am already a professional freelancer. I don’t need this. Give me some concrete examples of what your product can do for me, how it can save me time, money, etc. There are some examples of how you can save me time further down the page, but they’re things that happen once per client (Onboarding, etc) which is once or twice per year. If you could outline a way you can save me time every day or even once a month, it’d be a much more compelling proposition.
I'd suggest that your "Get Started" button drops the user immediately into the app. Generate a "guest user" account, give the user a tour. Have a banner at the top of the page reminding them that if they want to save their information, they need to sign up. Perhaps a banner at the top or bottom of the page. If the user clicks it, ask for email, password and payment information. All other information can be asked once the user bites.
There is far too much friction there at the moment. I'd even consider offering a free trial. 7-14 days.
On the plus side, your homepage looks great (visually) but I think you're missing a trick here too. Show your product. Whether that's a video, slideshow or whatever. I want to see it before I use it.
Agree 100% with the other commenters: The sign-up flow is super-high friction. You did the first step right though, you measured the funnel and found out that people are dropping out! Have you measured each screen in your sign-up flow to see which one is causing the most churn? At a previous company, the best thing we did to increase active users was to remove almost all of the multi-step sign-in flow and get people into the application right away. We were down to a single E-mail capture screen, which I strongly argued to remove as well, but couldn't convince Marketing. I instead got a button to skip the E-mail capture, which helped :)
Keep measuring!
A video can't be searched, it can't be scanned, and it can't be watched without headphones on in many settings.
I recognize lots of people learn by video or research by video, though I feel like a person watching a video has to have a level of commitment to your product that's higher than a person scanning for screenshots. Video should be "level 2"
1. Email 2. Password
If a user's willing to give that they're probably willing to give more but you've gotta hook them in the app first.
After signup the user should go straight into the app. You can prevent them from doing anything that costs you money until they've verified their email and added their billing details but it's a bread crumb trail. You're trying to lead them to where you want them to go.
Become a PROFESSIONAL freelancer
Sounds insulting to people who consider themselves professional already but could do with some extra help.
We help freelancers become more professional with automatic streamlined process for managerial tasks like client onboarding, signing NDA and requirement collection right from their personal website.
Weird mix of singular and plurals. If singular then you’d want “with an automated”. Also typically NDA is pluralised to NDAs, and you probably want to refer to “requirements collection”.
I know that sounds picky, but copy is a major part of a sale and correct grammar gives a sense that you sweat the details. Or at least bad grammar gives a sense that you don’t.
I'll work on the copy real soon.
And it seems to be trying to convince people to become freelancers which seems s strange thing to be wanting to convince someone to do.
Give people a free trail or something. I would never pay for software without getting to try it first.
Birbal stumbled across the third fool while the latter was looking for something at night. The guy was looking under a streetlamp and couldn't seem to find whatever he was looking for. Birbal asked him what he was looking for so frantically. He explained that he lost his wedding ring in a dark alley a short ways away.
Birbal is confused and asks him why he wasn’t looking in the alley, and in the street instead. Get this. The guy replies that he’s looking under the streetlamp because there’s more light there.
Moral of the story: dont ask on HN, go ask the folks who dropped off.
Here's a suggestion on how you could do it. Take a look at Tumblr or Intercom and see how they collect an email first and then ask for a password and eventually more information. Collect an email address just before anyone clicks get started. So that you have a way to reach them in case they dropped off and helps you figure out at what point folks are dropping of
(My thesis: Your shady credit card collection process is the culprit. Typeform doesn't seem to fit your story of helping folks be more professional. If you are a professional trying to help freelancers be more professional, you should be using something more professional)
Sorry, if you felt, I called you a fool. Perhaps reading the story and learning who the 10th fool is would make you feel better. :-)
If you cannot talk to those who did not sign up or like the offers, then you need to take to people who have extreme pains in using sites like freelance.com or upworks.com these sites have crazy traffic but until today they have not resolved key issues for freeelancers or seekers of freelance talents.I must add, they are SUPER hubs for Freelancers as they are the status quo but key values are missing.
I saw your site and I love your approach but you must refine the big uppercut punches that will make any free lancer on your site standout and choose your platform.
I suffered a big deal of problems when sourcing freelancers from freelance.com, upworks.com and many more. I found many others suffer the same thing.
I love to help you to share my stories and help you refine where is the real true value lies for a customer that wants top talent. If you like to plan a short power call soon let me know. I will drop my email in your Freshchat with attention to cod3boy!
To the contrary -- you are wise to learn from your mistakes : )
Maybe its a good thing you feel embarrassed. It probably means that you haven't released late. Listen to Episode 4 of Reid Hoffman's Podcast Masters of Scale. "So don’t fear imperfections; they won’t make or break your company". Forge Ahead!
Take a close look at any comments wherever you advertise. I'd even recommend against FB/Google advertising at first because it's difficult to get feedback.
Analytics might help too and you can see where people are dropping off. But they're quite inefficient.
Sometimes you just have email people who signed up in person to ask them. People are usually very open to giving brief feedback; just don't drag them into some focus group or 10 minute talk.
Being able to iterate based on feedback is usually the make or break point of an early stage entrepreneur.
It's a massive contrast to the relatively polished (if content-less, which again makes one question if there is an actual product) landing page, which makes it look even more like you prioritize looks over quality. These guys supposedly help me sign up customers, is their solution to that going to be "set up a typeform"?!
It might be slick (I'd argue that, but my tastes don't necessarily align with people creating such labels) and award-winning, but primarily it sends the wrong message.
2) If you claim to cater to professionals, you should not be using typeform for the signup process.
3) I am clearly not in the target audience, but I'll share my concerns : I would never use a service that hacks together a bunch of third party tools. It's great from the founders point of view (MVP, fail fast, early validation, hustle and whatever else), but it does not inspire confidence. Why? Security and privacy. God knows what poorly configured database, webserver or access control mechanism will leak user data since the product was built with the aim of getting something out of the door without much thought given to security and privacy.
The beef is not technical, its just appearances. Using Typeform to get Credit Card information is like casting Kevin Spacey in Denzel's place in John Q. Both great actors. Spacey might even integrate with over 500+ apps soon. But who would you trust with your kid?
The way typeform has been employed here does not give the impression of security. In fact, the current impression is that your credit card numbers are been given the same level of security as your 10 was given when you answered "How would you rate our Pizza on a scale of 1 to 10?" at your local Italian joints website.
And that little sign "Secured by Stripe" is like displaying a footnote, in each scene of the Spacey version of John Q, saying "Trust this guy".
You sound like a seller of the product, not a customer.
"Award winning". Most awards are bullshit so when people use it as a plus it just indicates they have nothing more than bullshit to sell.
That's a sure way to collect a bunch of mailinator.com addresses.
(Not that I’ll check it often, answer questions or connect to audio notifier; this somewhat defeats the purpose we’re discussing.)
The assumption is that they _will_ spam, sell the data or do something comparably exciting, so it's nearly always a disposable address first, changing it to a real address later if needed.
This guy just needs some feedback. Even just a fraction of real emails would be better than none.
I'm hundreds of times more likely to sign up via Google Account, sometimes Facebook.
So much easier and no activation emails etc...
Clicking home hides the top toolbar which annoys me. Clicking "THE ELITIE 100" does nothing but reload the page for me which is a sign the websites isn't complete. If the website isn't complete then the service is probably not ready either. Features list lacks any real information. Can't find any information giving me details how, who, what, when, or where about the things you have in feature list.
Do I have any input on the design of the personal website? Do you have any examples or templates for the personal website? How long does it take you to get my personal website up? Do I have to buy a domain or do you handle that? Do you include ssl?
Client on boarding isn't even fully listed, just has etc at the end. What is your process for client on boarding? What is the full list? How do we have details for future agreements when we current don't even have contract laid out or requirements filled in?
How do you handle a NDA? Do I have to sign away my rights so you can process NDA in my name? Do you have a legal team to review them? Whats a fully secure digital signature?
Is the personal assistant a bot? Are you saying I get a free bot with my signup? I am assuming I be just getting a freshchat bot.
"COMPLETE CLIENT PROCESS" do you have some one qualify to even do requirement collecting? Do you have a experience arch for all linux, windows, mac, and bsd? What languages and database can you cover in this process?
The link to the sign up is the final flag. I get no details and no real information but you expect me to sign up for your service through another service. Having me pay money not knowing what I am getting at all. Not going to happen ever. Only reason I click the link to sign up was to see if I could get more information. Instead I get asked for my cred info.
Finally $10 a month even if it is a starting price to get traffic is way to low for any one of your services. A "personal website" will run you $500 upfront plus $20 a month in maintenance (This begin a dirty little wordpress site a high schooler could build). The doamin name alone will cost you $10. Having a lawyer read over a NDA is probably $250 or something in that ball park. Plus everything else just doesn't seem like the right price. No body is going to pay so little for a "professional" service.
The personal assistant is a real person to answer basic questions about you and your services (freelancer).
Will work on the rest of the questions and feedback :)
why should I trust the core of my business to you guys?