On: How I've built a profitable Slack bot as a side project in Rails

[nathan_f77]

Great project and writeup! But I think a one-time fee makes very little sense for a hosted SaaS product, and you should definitely switch to recurring billing. Instead of a one-time fee of $29, I think you could charge $3 per month, or $29 per year (20% discount.) You could also charge more for larger teams.

[farnsworthy → nathan_f77]

Companies are using this, though? The price (both annual, and the above, especially considering transaction costs) is too low!

The post says: "Abot logo is just an icon from Icons8. I have to pay $19.90/month for a license." That begins to approach professional-level pricing.

[oliv__ → farnsworthy]

Not to pick on the app but with a product at such a low price, this sounds like the ideal way to bleed out a ridiculous amount of money.

Three months of that is already more money out than 2 new subscriptions bring in.

[justusthane → oliv__]

He says in the post that he was already using that icon service for other side projects though.