Skip to content

Comment on We spent $980k on a failed SaaS projectparent

Comments

We tried with a very low-price plan and got a lot of interest & signups. The moment we raised the prices a bit to cover hosting costs, the interest went away.

I have to correct my partner here as his memory is a bit fuzzy. :) We tried a low tier price ($15/m vs regular $49/m) but it did not make any significant difference in signups.

We targeted the high-end of the WordPress market where we competed against Kinsta, WP Engine, Flywheel etc. And the problem there was they were "good enough" (and in some ways muhc better) as I mention in the blog post.

At the same time, the lowend SiteGround had prices below $5/m so we couldn't compete against them in that segment as we were paying more than that to Google Cloud.

AboutSource Built by g1lg1l

Hackerly is an independent reader for Hacker News, built on the public HN API. Not affiliated with Y Combinator.