golf swing video analysis app
How V1 Sports grows
8 tactics and 14 figures from 1 interview.
About V1 Sports
- What it is
- Video golf swing analysis and remote video lessons: B2B software for golf instructors plus the V1 Golf consumer app (Golf+ subscription)
- Who it's for
- Golf instructors (B2B) and golfers trying to improve (consumer)
- Business model
- B2B subscription for instructors; consumer free trial into Golf+ subscription
- Pricing
- Golf+ $70/year with free trial; Students interacting with their instructor are always free
- Launched
- 20-30 years before 2024
As described in the interviews, not independently verified.
V1 Sports's 8 tactics
V1 Sports by the numbers
| Metric | Value | Context | Said in |
|---|---|---|---|
| share | 30% approximate | Market share among golf instructors in North America (B2B side) | Sub Club by RevenueCat 2024-11-272:05 |
| retention | 85–89% approximate | B2B (instructor) retention, 'high-80s percent' | Sub Club by RevenueCat 2024-11-273:50 |
| acv | increasing approximate | B2B annual contract values rising while market share stays ~30% | Sub Club by RevenueCat 2024-11-275:09 |
| users | 3–4 x approximate | Free monthly active users vs paid users (consumer app) | Sub Club by RevenueCat 2024-11-2712:56 |
| share | 33% approximate | Share of new registered consumer users who come through an instructor (pro) relationship; the other ~3/4 arrive without one | Sub Club by RevenueCat 2024-11-2712:56 |
| growth rate | +80–90%/year approximate | Revenue growth in the 12 months after switching from freemium to free trial | Sub Club by RevenueCat 2024-11-2721:36 |
| growth rate | +100% approximate | Title/description figure; body says 80-90% in 12 months | Sub Club by RevenueCat 2024-11-2721:36 |
| new customers | about 10 subscribed for every 4 who complained estimate | Guest's pre-switch bet on subscribers vs complaining long-time free users, which he says is basically what happened | Sub Club by RevenueCat 2024-11-2717:36 |
| price | USD 60 approximate | What long-time free users had to pay after the switch (as described by the guest) | Sub Club by RevenueCat 2024-11-2717:36 |
| price | USD 70/year | Golf+ consumer subscription, current price | Sub Club by RevenueCat 2024-11-2745:54 |
| price | USD 80/year approximate | Host's figure for the subscription; conflicts with the guest's $70/year and was not addressed | Sub Club by RevenueCat 2024-11-2748:10 |
| share | 10–15% approximate | Share of new registered users (hundreds per week) who say in onboarding that they want to find a coach | Sub Club by RevenueCat 2024-11-2740:51 |
| time in app | 21 minutesper monthly active user /month approximate | Average time in app per monthly active user | Sub Club by RevenueCat 2024-11-2727:12 |
| users | 100K users approximate | Monthly active users at the summer peak ('almost 100,000') | Sub Club by RevenueCat 2024-11-2756:15 |
Topics
Interviews
- How V1 Sports Doubled Revenue with Bold Bets — Alex Prasad, V1 Sports · Sub Club by RevenueCat · 2024-11-27