Episode #5: How to Create a Successful Subscription-Based Monetization Strategy?

12/11/2021 21 min

Listen "Episode #5: How to Create a Successful Subscription-Based Monetization Strategy?"

Episode Synopsis

In this episode, we’ve hosted Michael Stysin, the founder of Qonversion, and talked about the ways you can maximize the value you offer to the users with a subscription-based model app.

(00:00) - Introduction
(01:06) - Get to know Michael Stysin
(03:13) - What’s the benefit of a subscription-based model?
(06:11) -  How to increase your subscription conversions rate?
(09:47) -  How many packages should be offered during the onboarding process?
(12:06) -  How are the opt-in ratios differ between the monthly, annual, and lifetime subscriptions?
(14:29) -  What are the main challenges of subscription-based apps?
(16:23) -  What other integrations subscription-based apps tend to use hit their KPIs?
(18:43) -  What’re the next steps for Qonversion?
(20:13) -  Closure