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by oan 1484 days ago
Hey there, thank you so much for supporting the platform and also providing valuable feedback. I definitely agree on the group study sessions, as a matter of fact there's a major feature that's been in the works for months heading in that direction. Hopefully it will be ready soon after summer. The coffee idea seems pretty fun as well!

As for the price, I do agree on the jump between free and paid, but I also think that there's nothing actually similar to lofi.co around. The timer for one, even though it looks like a simple pomodoro timer, it's actually a lot more advanced than that and the only platform I know offering something slightly similar has only that as a product and charges double our monthly fee. Again it's hard to think of lowering the price when the competition is charging netflix-level monthly fees or other similar companies still higher fees for a fraction of the features.

May I ask what you mean with 'enough value to be ad supported'? I don't really like to share revenue online, but I can say the platform is profitable and has been growing steadily since launch.

1 comments

By ad supported I just mean that if you aren’t creating enough value for enough people to pay, you may be able to get money from ads. But if the site is growing in revenue consistently that’s great!
Oh got it, I've actually never really considered ads because I feel like they could ruin the experience and the money they'd be making wouldn't really be worth it. MRR has been growing in the 10%-30% range MoM since launch with a pretty high margin so can't complain about that, what I'd like to improve is the conversion rate though, as I feel it could be much better considering the high amount of traffic.