BoldVoice · B2C · accent coaching app
Charge $10 a month with a 7-day free trial from launch day
Founder says it filtered out non-buyers and freed time for the product; no numbers
What they did
What happened
- Stage
- launch
In their words
Why BoldVoice Charged From Day 1 and Ignored the Duolingo Freemium Playbook — Anada Lakra
David BarnardHow did that go? I know you were charging from the very beginning, which was maybe a little counterintuitive compared to what a lot of venture-backed companies would do, especially at the time in 2021, when money was free and there was still a little bit of a just build it, grow it fast kind of mentality.
Anada LakraMm-hmm. Yeah. The way I think about charging is that ... Especially in the early days, you really want to figure out, who is your customer, who are you building for? Because the tool that you build, although it has a value proposition that could be pretty broad, there will be an ICP that will be your initial target audience that you need to hyper-focus on and make the product better for them before you can think about multiple ICPs. So charging for the product is a way to already figure out who that ICP is. And this way you don't get feedback or worry and get distracted about feedback or usage patterns or issues with people who are just never going to be your ICP, but you can really figure out, who has the willingness to pay? If they have the willingness to pay that generally correlates with, "Okay, this problem clearly resonates with this person. Let's then narrow down and focus on making that person's experiences as great as possible."
David BarnardIt makes a ton of sense. Not everybody does that, but it really does make a ton of sense. How did you structure that? Was it just a standard seven-day free trial to a hard paywall? Did you have any kind of free tier or any kind of free stuff that people could continue doing in the app or was it just pay or leave the app?
Anada LakraAt the time we had a very simple ... I believe $10 a month, that was just the standard paywall. We always had a one-week free trial because we believe that people do need to experience a product before they can commit. We were not trying to stick them with a product and a payment that they regretted. Again, that free trial was still a much stronger signal than just totally ungated. Especially in the YC days, we're not trying to revolutionize the business model. Let's just do the tried and true, just one week trial, simple $10 a month, so that we can focus our energy on actually building a good product experience, building a good onboarding, building the core product. Instead of just having to do a ton of experimentation on the paywall. Obviously that came later.
Anada LakraWe've done a lot of variance on the paywall and the pricing packaging, and today we actually lead with an annual subscription of around $150 a year. And then we also offer a monthly as a fallback option for people who prefer that. And we also have a higher tier that comes with a few additional features, like AI chat, which comes at $200 a year. So we have certainly evolved it, but I still think my philosophy is do optimize the paywall. It's …
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- Judge paywall tests on revenue after refunds, waiting 3+ weeks past trial startCaught two trial-start 'wins' that lost money once refunds came in
- Remove the close button so users must start a trial to continueTrial starts rose, but refunds rose by more; net loss
- When users close the paywall, show a discount trial they can't closeTrial starts rose, but refunds rose by more; net loss
- Let people who close the paywall use day one free, then ask for a trialFounder calls it a good middle ground; no numbers
- Show the ~$150 annual plan first so ad spend pays back when trials endCash lands 7 days after install, so each channel's ROI is known at once; no numbers
- Market to international college students firstWeak fit: lower willingness to pay and less urgency; moved to professionals
- Sell to working professionals with good English, and skip beginners entirelyFounder credits this focus for ~$10M ARR; no split by segment
- Auto-invite users to 15-minute calls booked with whoever on the team is freeEvery employee, engineers included, does 2+ user calls a week
- Have engineers demo unreleased features to power users on weekly callsFounder says it validates complex features before shipping; no numbers
- Ask unhappy users three questions by email they can answer by replyingOffsets the happy-user bias in interviews; no numbers
- Build a free web tool that guesses where you're from after 10 seconds of speech~100K people in Korea tried it the day after one investor posted it
- Add city-level results to the free accent tool to spark a new viral waveProduced another viral boost; no numbers
- Show a sample of the full in-app results to push web users to the appFounder says it boosts web-to-app conversion; no numbers
- Ride a TikTok trend of people crying over their low app scoresOne creator got ~300M views in a few months, no ads; lower intent than paid
- Grow from accent training into overall spoken-English fluency after raising a Series A
- Hire self-driven founder types and hold just one team meeting a week, on Mondays~$10M ARR with 10 people; founder credits hiring first
- Get everyone, even the non-technical CEO, shipping code with ClaudeRoughly doubled team productivity, per the founder; her biggest win of the year
- Recruit a Hollywood accent coach and run a manual email pilot with 12 usersLed to a ~$500K term sheet and YC; the coach still works with them
- Show a countdown of free scans left before the paywall appears
Tags: charge-from-day-one, free-trial, icp, willingness-to-pay