Doing the work

Our self-serve funnel converts at about 2 percent from signup to paid. Where do I even start looking?

The short answer

Do not touch the pricing page yet. Split the funnel into visit to signup, signup to activated, activated to paid, and look at which of the three is furthest below benchmark, because the fix for each is completely different. Nine times out of ten the leak is activation, not conversion: people signed up, never got to the thing that makes the product useful, and quietly left, so the 2 percent is a symptom rather than the disease. Get the activated to paid number in isolation, and if activated users convert respectably then every hour you spend on onboarding pays back more than any pricing change would. Only when activated users are converting well and the number is still low should you go looking at packaging.

Go deeper, your way

4 hand-picked resources, 1 India-specific, 4 link-checked. Pick how you want to dig in.

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✓ Link checked Freemium Intermediate

Why we picked it Poyar replaces the sales funnel with a five stage new user journey (discover, start, activate, convert, scale) and attaches benchmark ranges to each. It is how you find out which stage is actually broken.

Your guide to PLG benchmarks

From Growth Unhinged by Kyle Poyar 10 min read

Open growthunhinged.com

The same ground, at another level

How product-led growth reads from a different seat.

People also ask

What does product-led growth actually mean, and how is it different from just having a free trial? A free trial is a tactic. Product-led growth is a decision about who does the convincing. In a PLG business the product is the main way people find... Breaking into GTM 5 resources → We are about to launch. Should we go with freemium or a free trial? Start with a free trial unless you have a specific reason not to. The benchmark data is consistent: freemium brings in more signups but converts fa... Breaking into GTM 4 resources → How do I know whether my product can even work self-serve? Three things have to be true at once. A single person has to get real value on their own, without their IT team, their manager, or a data migration... Breaking into GTM 4 resources → I just joined a PLG company as my first GTM job. What do I actually do all day if the product sells itself? You spend your days on the parts of the journey the product cannot see. Someone has to figure out why 80 percent of signups never come back, write ... Breaking into GTM 4 resources → How do I decide what goes in the free tier and what sits behind the paywall? Free should contain everything a single person needs to succeed alone, and paid should start exactly where the value stops being personal and start... Doing the work 4 resources → Sales wants to call every signup. How do I decide which ones deserve a human? Score on three things and only three: does the account look like someone who buys from us, have they done the thing inside the product that predict... Doing the work 4 resources →

Also in Starting Up

The same ground, over in Grow & market, our Starting Up track.

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