April 2019 Income Report
And there was me thinking nothing really happened in March, when along comes April to claim the “nothing to see here” award:
The Figures
April 2019 | March 2019 | Change | |
---|---|---|---|
Monthly Recurring Revenue | $4,196 | $4,196 | |
Paying customers | 54 | 54 | |
- Personal Plan | 15 | 15 | |
- Startup Plan | 28 | 28 | |
- Corporate Plan | 11 | 11 | |
Unique users on landing page | 1,197 | 1,099 | |
New Free Trial sign ups | 14 | 15 | |
Free Trial sign up rate | |||
New Paying customers | 2 | 1 | |
New Freemium Customers | 1 | 4 | |
Lost Paying Customers | 2 | 1 | |
Free Trial to Paying conversion | |||
Free Trial to Freemium conversion | |||
Profit | -£23.97 | £12.60 |
So apparently it’s groundhog month, and Saber operates a strict “one in, one out” policy. The only thing of interest is the lack of profit, as I had to pay my annaul big accounting bill this month.
April got off to a bad start, as I lost one of my top level customers, which always hurts. However, at the end of the month I gained a top level customer, which is a always a great reminder of the value Saber provides.
Revenue & Profit
Goals
For once I stuck to my goals of the last month. Even though I didn’t write any blog posts, I did go all in on marketing this month. A customer recommended a Udemy course on PPC advertising to me, which I found to be really insightful. That lead me to a course on landing page optimisation, which ultimately caused me to spend the last week redesigning Saber’s website.
My plan is to launch the redesigned website soon, which, assuming I learned anything from the courses, will increase conversions. After that I’ll start a PPC campaign with my newfound knowledge, and then I’ll conquer the world… of website feedback tools.
I’m actually feeling pretty good about everything. I love to learn new things, and this month has shot a hot load of knowledge all over my brainhole. Now I just need to put all this knowledge into action.
- Matt
P.S. Bonus points for anyone who can guess why I chose the image for the top of this post :)