AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
ProductLed Podcast
5 Easy-to-Implement Best Practices to Boost your SaaS Upgrades
Mar 24, 2024
Monetization expert Wes Bush shares 5 best practices for boosting free-to-paid conversion rates including sequencing, reevaluating free models, and simplifying the upgrade process. Topics cover enhancing user experience, pricing psychology, customer retention strategies, and the importance of user feedback sessions.
19:14
Episode guests
AI Summary
AI Chapters
Episode notes
Podcast summary created with Snipd AI
Quick takeaways
- Sequencing plays a crucial role in improving conversion rates by strategically arranging upgrade steps.
- Clearly informing users about current and upgraded plan benefits simplifies decision-making and encourages successful upgrades.
Deep dives
Sequencing for Upgrade Success
One of the key strategies discussed is the importance of the sequencing in the upgrade process. By focusing on the order in which steps are presented to users, a company, such as a time tracking solution, managed to significantly improve its conversion rates. They rearranged the steps, placing the plan selection first, which proved to be more appealing to users due to the psychology of decision-making, leading to higher completion rates. This approach highlights the underrated impact of sequencing in guiding users through the upgrade process efficiently.
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode