Build It, They Won't Come - Lessons building a WordPress Plugins Business (WordCamp Mumbai 2016)

41
Build It. They Won't Come!

Transcript of Build It, They Won't Come - Lessons building a WordPress Plugins Business (WordCamp Mumbai 2016)

Page 1: Build It, They Won't Come - Lessons building a WordPress Plugins Business (WordCamp Mumbai 2016)

Build It. They Won't Come!

šŸ˜³

Page 2: Build It, They Won't Come - Lessons building a WordPress Plugins Business (WordCamp Mumbai 2016)

I ā¤ Transparency Reports

Page 3: Build It, They Won't Come - Lessons building a WordPress Plugins Business (WordCamp Mumbai 2016)

Gravity Forms - $15m+ ThemeIsle - $80k/mon

WooThemes - $35m Pippin - $1.14m

Avada - $1m/Week Contact Form 7 - 1m šŸ–„/mon Yoast SEO - 26m šŸ–„/Alltime

Page 4: Build It, They Won't Come - Lessons building a WordPress Plugins Business (WordCamp Mumbai 2016)

25X In 4 Yearsāž¤ Store Apps āž¤ Icegram āž¤ 50 WordPress Plugins

āž¤ 11 on WP Plugins Repo āž¤ 4 on WooCommerce āž¤ 3 on CodeCanyon

āž¤ 4.4 Stars - Average Happiness āž¤ 80,000+ Active Installs āž¤ 5500+ Happily Paid

Customers āž¤ Ninja Team of 17 āž¤ 80+ Tickets Per Week

Page 5: Build It, They Won't Come - Lessons building a WordPress Plugins Business (WordCamp Mumbai 2016)

Who Are You & Me?We are passionate, we care about our craft.

We are dreamers, learners. Developers, Writers, Entrepreneurs (/ in

making). Contributors, Game Changers.

Page 6: Build It, They Won't Come - Lessons building a WordPress Plugins Business (WordCamp Mumbai 2016)

People Like Us Have So Many Great Ideas...

Page 7: Build It, They Won't Come - Lessons building a WordPress Plugins Business (WordCamp Mumbai 2016)

Don't Let Your Ideas Cost You Years, Tears & šŸ’°

Page 8: Build It, They Won't Come - Lessons building a WordPress Plugins Business (WordCamp Mumbai 2016)

Got an itch?

Get an ointment

Page 9: Build It, They Won't Come - Lessons building a WordPress Plugins Business (WordCamp Mumbai 2016)
Page 10: Build It, They Won't Come - Lessons building a WordPress Plugins Business (WordCamp Mumbai 2016)

43,691 + 4,238 = 47,929

Plugins on WordPress.org + CodeCanyon

Page 11: Build It, They Won't Come - Lessons building a WordPress Plugins Business (WordCamp Mumbai 2016)

Your Passion

What Others Care About

Opportunity

Page 12: Build It, They Won't Come - Lessons building a WordPress Plugins Business (WordCamp Mumbai 2016)

If I Make Someone

$1000, Will They Happily Pay Me $97?

Page 13: Build It, They Won't Come - Lessons building a WordPress Plugins Business (WordCamp Mumbai 2016)

Big Opportunity

Page 14: Build It, They Won't Come - Lessons building a WordPress Plugins Business (WordCamp Mumbai 2016)

$5,465,944CodeCanyon Sales* Last Month

~ $57k/day ~ 8691 items/day * includes non-wordpress items

Page 15: Build It, They Won't Come - Lessons building a WordPress Plugins Business (WordCamp Mumbai 2016)

$110 MillionMonthly Sales on WordPress

~ WP has 10x items than CC ~ WP has 55x downloads than CC

~ Taking 20x multiple

Page 16: Build It, They Won't Come - Lessons building a WordPress Plugins Business (WordCamp Mumbai 2016)

Huge Opportunity!!

Page 17: Build It, They Won't Come - Lessons building a WordPress Plugins Business (WordCamp Mumbai 2016)

Build It, Because We Can $

Don't

Page 18: Build It, They Won't Come - Lessons building a WordPress Plugins Business (WordCamp Mumbai 2016)

ā€œThe big question of our time is not whether it "can be built", but "should it be built"...

- Eric Ries, Lean Startup

Page 19: Build It, They Won't Come - Lessons building a WordPress Plugins Business (WordCamp Mumbai 2016)

8872New Plugins in 2015 on WordPress

75 ~ Currently Awaiting Approval 24 ~ New Plugins Every day

Page 20: Build It, They Won't Come - Lessons building a WordPress Plugins Business (WordCamp Mumbai 2016)

To Build, Or Not?āž¤ Value - Customers, Self āž¤ Growth - Market Size,

Leadership Position āž¤ Sustainability - 5 years āž¤ Passion

Page 21: Build It, They Won't Come - Lessons building a WordPress Plugins Business (WordCamp Mumbai 2016)

Give It Away For Free

Page 22: Build It, They Won't Come - Lessons building a WordPress Plugins Business (WordCamp Mumbai 2016)

Our Top Marketing Strategy...

Page 23: Build It, They Won't Come - Lessons building a WordPress Plugins Business (WordCamp Mumbai 2016)
Page 24: Build It, They Won't Come - Lessons building a WordPress Plugins Business (WordCamp Mumbai 2016)

Marketing Is For MBA's... šŸ˜°

Myth

Page 25: Build It, They Won't Come - Lessons building a WordPress Plugins Business (WordCamp Mumbai 2016)

Money Is Evil šŸ¤‘

Myth

Page 26: Build It, They Won't Come - Lessons building a WordPress Plugins Business (WordCamp Mumbai 2016)

Plugin Business Models

āž¤ Free āž¤ Freemium āž¤ Add-ons, Extensions āž¤ Membership āž¤ Done For You / Services āž¤ Affiliate Commissions āž¤ Get Taken Over!

Page 27: Build It, They Won't Come - Lessons building a WordPress Plugins Business (WordCamp Mumbai 2016)

19,268 惻44%Likely Freemium / Commercial Plugins on

WordPress.org

Page 28: Build It, They Won't Come - Lessons building a WordPress Plugins Business (WordCamp Mumbai 2016)

UX = USP

Page 29: Build It, They Won't Come - Lessons building a WordPress Plugins Business (WordCamp Mumbai 2016)

Readme FileYour "Sales" Page

Page 30: Build It, They Won't Come - Lessons building a WordPress Plugins Business (WordCamp Mumbai 2016)

Hero Section

Call to Action

Social Proof

Authority

Intro

Features

Benefits

Page 31: Build It, They Won't Come - Lessons building a WordPress Plugins Business (WordCamp Mumbai 2016)

Expecting Reciprocation

Page 32: Build It, They Won't Come - Lessons building a WordPress Plugins Business (WordCamp Mumbai 2016)

Customer SupportCurse or Boon?

Page 33: Build It, They Won't Come - Lessons building a WordPress Plugins Business (WordCamp Mumbai 2016)

Listen To Your Customers

With a pinch of salt...

Page 34: Build It, They Won't Come - Lessons building a WordPress Plugins Business (WordCamp Mumbai 2016)

Marketing HacksReviews, Documentation, Comparisons, Social

Media, Sales Funnels, Email Optins...

Page 35: Build It, They Won't Come - Lessons building a WordPress Plugins Business (WordCamp Mumbai 2016)

Metrics Are Vanity

And a mirror...

Page 36: Build It, They Won't Come - Lessons building a WordPress Plugins Business (WordCamp Mumbai 2016)

And yeah, don't forget Plugin Repo Rules

Page 37: Build It, They Won't Come - Lessons building a WordPress Plugins Business (WordCamp Mumbai 2016)
Page 38: Build It, They Won't Come - Lessons building a WordPress Plugins Business (WordCamp Mumbai 2016)

We Are In The Same Boat '''

Page 39: Build It, They Won't Come - Lessons building a WordPress Plugins Business (WordCamp Mumbai 2016)

Make Friends, Share Learnings &

Grow Together! šŸ¤“šŸ˜‡šŸ˜€

Page 40: Build It, They Won't Come - Lessons building a WordPress Plugins Business (WordCamp Mumbai 2016)

ā€œGreat ideas without action and execution never get off the groundā€”they donā€™t change the world or your bank account.

- Dan Miller

Page 41: Build It, They Won't Come - Lessons building a WordPress Plugins Business (WordCamp Mumbai 2016)

Thank YouNirav Mehta

Twitter: @niravmehta [email protected]

www.storeapps.org 惻www.icegram.com