3 months ago, we had $0 in sales, now we are crossing $20k
. In this post, I want to share:
First of all, what is AppSumo?
(for those who don't know)
AppSumo is a marketplace where bunch of software companies sell Life-Time subscriptions of their products.
Part 1. Getting into AppSumo Select![Star-struck :star_struck: 🤩](https://cdn.jsdelivr.net/joypixels/assets/8.0/png/unicode/64/1f929.png)
We were able to get 1st spot on ProductHunt. This is important because it helped us to get into AppSumo Select program. You can launch on AppSumo with your own efforts by adding your own product there, or you can launch as part of their Selected program where they do all the marketing for you.
Part 2. Reviews
.
The most important factor on AppSumo are reviews. We currently stand at
4.9 out of 5. Getting good reviews is hard, you really need to have a good product and be great at customer support. At one point we were close to 4.2
(not good) but were able to climb up.
Part 3. Marketing Costs
.
As said above, once you are in the Selected Program they pay for your ads and take all the marketing costs. They also have a huge mailing list which is a goldmine for sales.
Part 4. Their Revenue Shares
.
Now obviously this is not a charity and they take a significant cut from your sales. From what I understand they deduct marketing costs and then divide the revenue. With that said we were left with ~25-30% from total sales. But is it still work it? Absolutely, and below I explain why.
Part 5. Is it still worth it?![Man shrugging: medium-light skin tone :man_shrugging_tone2: 🤷🏼♂️](https://cdn.jsdelivr.net/joypixels/assets/8.0/png/unicode/64/1f937-1f3fc-2642.png)
So, they take a huge cut as explained before, but here is why it is still worth it
We got close to 200 B2B from just launching
We understand our clients much better know
In the future we can develop additional products and upsell to existing clients
Our idea got validated and now we know people really need it
It is much easier for us now to seek outside investment to fund our marketing
Happy to answer any questions you have![Slightly smiling face :slight_smile: 🙂](https://cdn.jsdelivr.net/joypixels/assets/8.0/png/unicode/64/1f642.png)
![High voltage :zap: ⚡](https://cdn.jsdelivr.net/joypixels/assets/8.0/png/unicode/64/26a1.png)
- How we got to $20k
- How to get Selected AppSumo Launch
- Pros and Cons launching on AppSumo Marketplace
First of all, what is AppSumo?
![Thinking face :thinking: 🤔](https://cdn.jsdelivr.net/joypixels/assets/8.0/png/unicode/64/1f914.png)
AppSumo is a marketplace where bunch of software companies sell Life-Time subscriptions of their products.
Part 1. Getting into AppSumo Select
![Star-struck :star_struck: 🤩](https://cdn.jsdelivr.net/joypixels/assets/8.0/png/unicode/64/1f929.png)
We were able to get 1st spot on ProductHunt. This is important because it helped us to get into AppSumo Select program. You can launch on AppSumo with your own efforts by adding your own product there, or you can launch as part of their Selected program where they do all the marketing for you.
Part 2. Reviews
![Black nib :black_nib: ✒️](https://cdn.jsdelivr.net/joypixels/assets/8.0/png/unicode/64/2712.png)
The most important factor on AppSumo are reviews. We currently stand at
![Star :star: ⭐](https://cdn.jsdelivr.net/joypixels/assets/8.0/png/unicode/64/2b50.png)
![Face in clouds :face_in_clouds: 😶🌫️](https://cdn.jsdelivr.net/joypixels/assets/8.0/png/unicode/64/1f636-1f32b.png)
Part 3. Marketing Costs
![Money with wings :money_with_wings: 💸](https://cdn.jsdelivr.net/joypixels/assets/8.0/png/unicode/64/1f4b8.png)
As said above, once you are in the Selected Program they pay for your ads and take all the marketing costs. They also have a huge mailing list which is a goldmine for sales.
Part 4. Their Revenue Shares
![Money bag :moneybag: 💰](https://cdn.jsdelivr.net/joypixels/assets/8.0/png/unicode/64/1f4b0.png)
Now obviously this is not a charity and they take a significant cut from your sales. From what I understand they deduct marketing costs and then divide the revenue. With that said we were left with ~25-30% from total sales. But is it still work it? Absolutely, and below I explain why.
Part 5. Is it still worth it?
![Man shrugging: medium-light skin tone :man_shrugging_tone2: 🤷🏼♂️](https://cdn.jsdelivr.net/joypixels/assets/8.0/png/unicode/64/1f937-1f3fc-2642.png)
So, they take a huge cut as explained before, but here is why it is still worth it
We got close to 200 B2B from just launching
We understand our clients much better know
In the future we can develop additional products and upsell to existing clients
Our idea got validated and now we know people really need it
It is much easier for us now to seek outside investment to fund our marketing
Happy to answer any questions you have
![Slightly smiling face :slight_smile: 🙂](https://cdn.jsdelivr.net/joypixels/assets/8.0/png/unicode/64/1f642.png)