GTM Sauce

A subscription app · B2C · gem author's former employer

Let fans buy your app as a gift, especially for December holidays

About a third of December sales; many gifts bought by existing customers

Workedupsell-expansionpricing

What they did

Offered gift subscriptions; around the December holidays they made up about a third of sales, largely bought by existing customers. Implementation not described for this company. Hosts' notes on how: sell a one-time (non-renewing) in-app purchase that grants the recipient one year of access (e.g. via a RevenueCat promotional entitlement) or sell gift codes through Shopify for email-driven traffic; don't discount too much since gifts don't renew; time it for Christmas, Black Friday, Valentine's Day.

What happened

Gifting was about a third of December sales, a lot of it from existing customers.
1:14:51
“Gifting is a great way to increase the spend ceiling you inherently have with subscriptions. Example, at a previous company, gifting made up about a third of December sales, and a lot of these came from existing customers.”
David Barnard
1:16:29
“you can have a one-time in-app purchase that gifts to the other person one year of usage.”
David Barnard

Related topics

Get tactics like this every Monday

New tactics from the week's founder interviews, each linked to where it was said.

More from this episode