Our No-Code Apps Made $50M Using THIS Paywall
VOLLSTÄNDIGE ABSCHRIFT
Today we're sitting down with Vah
Bagdasarian, a man who has run over
10,000 payw wall experiments and helped
apps add over $50 million in revenue.
He's been behind the scenes on dozens of
apps including Calai, Quitter, and
Claim. And he knows all the common
mistakes founders usually make with payw
walls. But the biggest mistake that
keeps most apps revenue stuck comes from
a common but surprising oversight. You
see, his superpower is to look at an app
that seems healthy and then tell you
exactly how much money they're leaving
on the table. There are many examples of
apps that are operating with like 811%
trust star rate and they're healthy but
then they're missing out a lot of stuff
that 81% easy in like 90% cases if you
have 81%
it can easily become like a that number
he was about to say is the difference
between a good app and a great one. Vi's
entire business is built on the idea
that you can increase your revenue by
$100,000 in a few months without
spending a single extra dollar on user
acquisition. He's challenging what most
people know about building a profitable
app. At the end of the day, your goal
shouldn't be just to get more users. We
all love viral growth hacks, but you
also need to fix the leaks [music] in
your existing system. And he has some
examples that kind of surprised me. We
started to work together in April. They
had like a 1.1%
install to paid rate. So basically from
April to September, we got it from 1.1%
to close to [music] 4%. In this episode,
Vah breaks down his entire playbook for
turning a leaky payw wall into a
predictable revenue machine. We go deep
into the mechanics of multi-step payw
walls, highest leverage placements, and
advanced tactics that can squeeze max
[music] value from the app that you've
already built. And he reveals the exact
psychological tricks he uses to maximize
conversions on a single screen. To
maximize the impact of your transaction
abandonment payable, offer a free trial,
but let users to decide if they want to
buy without free trial or without a free
trial. [music]
If they buy with a free trial, make the
price more expensive. If they buy
without a trial, make it a bit cheaper.
For example, if they were to buy with a
trial, make the discount offer like 80%,
and if they were to buy without a trial,
make the offer 90%. If you're an app
founder Focus on Growth, this is the
episode that will change how you think
about monetization forever. This is the
Superall podcast and I'm Joseph Choy,
founder of Consumer Club. The members in
the Consumer Club Discord and the
founders I interview on the pod build
apps at a median of about a million
dollars ARR. In my conversations with
dozens of these founders every week, one
thing I've noticed is most of them AB
test their pay walls to increase their
conversion rates and make more money.
Now, most people know that one of the
best ways to AB test payw walls is
Superwall. But one thing you might not
know is Superwwell has a lot of data on
the thousands of apps that use their
payw walls. So recently they actually
put together a tool that takes 422
profitable paywall experiments and put
those into a paywall experiment
generator where you can upload a
screenshot of your own payw wall and
it'll give you an experiment idea to
increase your revenue. You can use it
for free at paywallexperiments.com.
All right, let's get into the pod.
People are interested in growth
strategies on this channel and we talk
about a lot of growth hacks and viral
Tik Toks and stuff, but behind a lot of
these viral Tik Toks is the payw wall.
And like a lot of, you know, big app
founders have said that 80% of the
effort that you put into building your
app should go to onboarding and payw
wall because that's where the revenue
actually comes from.
>> And you've designed the pay walls for a
lot of these big apps. Can you zoom out
and kind of show us at a high level
before we go into each one what are some
of the apps that you've designed payw
walls for? We work with a very big apps
and companies like resume kaii claim
revival twitter and many many more. And
for today, I just decided to
take some of the best practices and the
best pay walls we ever created for some
of these apps and then show you and
explain why these pay walls are the best
converting payw walls and what was the
thought process and the strategy behind
all of these pay walls that we designed
for this app.
>> I'm curious, what's one thing most app
founders today you're seeing are getting
wrong with their payw walls? Well, I
think the biggest thing that I'm
noticing is that kind of u take one
concept they see their competitors are
using, not even competitors, but other
apps are using and they copy the pay
wall and it doesn't work for them or it
works for a certain to the certain point
and then they don't try to improve it.
Like I speak with a lot of founders like
oh my friend has this pay wall it
crashes it. We copy the payroll that
their friend have test it and it fails
like happens like many many times every
week. What's a good benchmark these days
for good payw wall conversion rates? And
I know there's a few different types of
conversion rates that are kind of in the
payw wall space.
>> I think it really depends on the
industry, etc., etc., but like if we
talk about trial star rate, I think
everything above 15% is good. If you
have below 15% trial star rate, you have
a lot of work to do. Trial to paid
conversion rate, everything above like a
30% is good. If it's below 30% again you
have a lot of work to do. That being
said there are many examples of apps
they're operating with like 81% trust
rate with and they're healthy but then
they're missing out a lot of stuff that
8 11% easy in like 90% cases if you have
81%
it can easily become like a 15%.
>> Those two metrics are both for free
trials model. So do you also have any uh
benchmarks for nontrial
>> apps?
>> Ideally if you have a lot of users
coming from the US if you have like a
10% and above installed to paid rate
that's really good. If you have anything
less than 4% that's not good. There is a
lot of work we can do. Like between like
four to 10% it's kind of you are not
terrible but you're not great right? you
know and if it's like less than 4% then
you got to you have problem most
probably we got to work to improve that
>> you've seen a lot of apps increase
revenue 100k in 3 months without getting
any new users like just payw wall
experiments which a lot of people is
counterintuitive like most people think
about growth as I need to do better ads
or I need to do more organic Tik Toks go
viral but if you just fix the conversion
rate on your payw walls then that's also
revenue growth. So
>> yeah,
>> um curious like what's the best before
and after you've seen in terms of uh
fixing up pay walls and increasing
revenue?
>> We work with this app. It's an enter in
entertainment category. They have steady
not steady but like the very stable user
growth. They're adding like couple
probably like a 40 50,000 installs per
month. That's like organically. That's
the kind of the average. We started to
work together in April. They had like a
1.1%
install to paid rate. We got it up to 4%
in September. So basically from April to
September, we got it from 1.1% to close
to 4%. And they didn't get new users
coming. They didn't invest any paid way.
They were they were having the same kind
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