How Long Should Your Free Trial Be? A Data Driven Answer

[00:27] Today’s Topic: How Long Should Your Free Trial Be? A Data Driven Answer

[01:10] A free trial is allowing someone to use your product for free for a set period of time, before they are required to pay.

[01:40] There is no timeline that necessarily converts the best, because it depends on the company or service.

[02:10] Check out Redpoint to read more about this.

[02:34] Redpoint thinks you should keep your trial to 7 days, but that doesn’t work for everyone.

[03:00] Find out what made people pay for the service.

[04:00] 37% of people do 30 day free trials.

[04:08] 13% of people do the 7 day free trials.

[04:12] 3% of people do the 21 day free trials.

[04:25] At Clickflow, they are considering basing the free trial on usage instead of time.

[05:20] Companies like Slack have higher rates for their free trials. It really varies.

[05:40] Run tests and figure out what works for your company.

[05:44] That’s it for today!

[05:51] We are going to take applications for live intensive sessions. Just got to the Marketing School site for more information and to apply.

How Long Should Your Free Trial Be? A Data Driven Answer | Ep. #1066