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samanamp

11 karma · joined June 29, 2019

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samanamp··on Ask HN: Bought a SaaS company, it's going down 2% per month
Maybe our industry is a bit different, but generally hard to get feedback here.
samanamp··on Ask HN: Bought a SaaS company, it's going down 2% per month
Haha, good point. I don't believe marketers don't do "real work". Like any other profession, very hard to find some that are good in what they do.
samanamp··on Ask HN: Bought a SaaS company, it's going down 2% per month
Wise ideas. working on them.

I think the first one is the most important one.

Thanks for the kind word on item 5. Gives us hope :)

samanamp··on Ask HN: Bought a SaaS company, it's going down 2% per month
Since your comment, I've started contacting them one by one with a personalized email. I think it takes some time to found out what exactly to write to get them to respond; yet to get any response.
samanamp··on Ask HN: Bought a SaaS company, it's going down 2% per month
I think I've read your comment more than 10 times. The fact that you've gone through it, came out healthy gives me hope; gives us hope :)
samanamp··on Ask HN: Bought a SaaS company, it's going down 2% per month
Going to checkout votesnag, can be really helpful.
samanamp··on Ask HN: Bought a SaaS company, it's going down 2% per month
Hey,

Thanks for taking the time and sharing your thoughts.

I do not have answer to most of the questions: like what is the trial conversion % or why customers are leaving.

I love the section you laid our options, that's all true. We've already chose option 3. Or it's better to say we are going to fight until the last customer. If we learn how to keep it alive, we have learned a skill that's not taught any where else. If not, as you mentioned in option 1, it's going to be a very expensive mistake.

Thanks for the advice :) going to draw action items from it and apply. First one is going to be reducing churn.

samanamp··on Ask HN: Bought a SaaS company, it's going down 2% per month
They are not responsive. But we are going to find a way to contact them.
samanamp··on Ask HN: Bought a SaaS company, it's going down 2% per month
They are usually not responsive. But I should definitely find a way to talk to them.
samanamp··on Ask HN: Bought a SaaS company, it's going down 2% per month
Appreciated. Approaching other app owners is a great advice, going to put it into action.
samanamp··on Ask HN: Bought a SaaS company, it's going down 2% per month
Every word you said is true and we learned it the very hard way.

> Buying a business of any size is no joke. In the last 8 months I developed more grey hair compared to last 10 years. Running a business has so many aspects to it.

About rewriting the app, we didn't have much choice. Was written 2016 and barely updated since in a language that was hard to learn/expensive to hire developers for.

At this point, we are up to trying ideas. Let me know if you have any book, blog or any general recommendations.

samanamp··on Ask HN: Bought a SaaS company, it's going down 2% per month
Two categories: - Preorders (mature product) - Upsells (still needs work)

Both 10-20$ price point based on customer's Shopify plan (e.g. basic or plus).

Appreciated if you can share any ideas, books, articles, blogs.

samanamp··on Ask HN: Bought a SaaS company, it's going down 2% per month
Appreciated if you have any suggestions on books, articles, blogs or ideas we can try.
samanamp··on Ask HN: Bought a SaaS company, it's going down 2% per month
Sure. Both of us work in Tech industry. We know our jobs are not going to be there forever. So we started looking at different side hustles and line of business. Started affiliate marketing but got nowhere (it was very hard for us to write articles).

SaaS company matched our background as tech worker (little we know just a small portion of running a company is tech).