{"id":9927,"date":"2021-12-31T00:51:39","date_gmt":"2021-12-30T14:51:39","guid":{"rendered":"https:\/\/flippa.com\/blog\/?p=9927"},"modified":"2021-12-31T00:51:41","modified_gmt":"2021-12-30T14:51:41","slug":"featured-listing-work-life-organised-planner","status":"publish","type":"post","link":"https:\/\/flippa.com\/blog\/featured-listing-work-life-organised-planner\/","title":{"rendered":"Featured Listing: Work Life Organised &#8211; Planner"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\">About the business<\/h2>\n\n\n\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link\" href=\"https:\/\/flippa.com\/11050520-work-life-organised-planner\" target=\"_blank\" rel=\"noreferrer noopener\">View the listing on Flippa<\/a><\/div>\n<\/div>\n\n\n\n<p><strong>Tell us a little about yourself. What\u2019s your background? How did you start the business?<\/strong><\/p>\n\n\n\n<p>My day job is in finance (financial planning and analysis. I am generally good with analytics and databases. Together with a developer friend of mine, I started this app business.<\/p>\n\n\n\n<p><strong>As an <a href=\"#\">eCommerce business<\/a>, where are your products made?<\/strong><\/p>\n\n\n\n<p>There are no products sold. The business model is an app that as of to date makes money through subscriptions. Ads revenue is an option.<\/p>\n\n\n\n<p><strong>What can you tell us about your Customer Lifetime Value (CLV) and Customer Acquisition Cost (CAC)<\/strong><\/p>\n\n\n\n<p>CAC are around 0.2 to 0.3\u20ac. CLV is not yet to tell as users would commit to a longtime subscription (the majority of subscriptions were 12-months subscriptions). Idea is to create an outstanding CLV by high customer bonding as the app will become a necessity for the user. The more time the user spends in the app and leaves information in it, the app increases in value to the user (building a digital memory and personal planner).<\/p>\n\n\n\n<p><strong>How have you marketed the product and where are your customers originating from?<\/strong><\/p>\n\n\n\n<p>The app was mostly marketed with motivational notions in Facebook ads. Also, through the Facebook page, Work-Life Organised.<br>It is marketed as digital memory in a time of information overflow and over-stimulation. An app is a place where users can collect themselves and focus on what is important for them and reflect on that in Goals, Projects, Thoughts (and other app features).<br>The app also offers a Chat and Forum which could be pushed to create more USP and variations. Users can exchange helpful tips in life or just discuss random things.<br>It has been marketed globally as everyone is a potential customer\/user.<br>The main customer\/user groups are the USA, UK and India.<\/p>\n\n\n\n<p><strong>Is the asset on your listing owner-operated, how much time does it take to run the business, who else is needed on the team, and what is automated?<\/strong><\/p>\n\n\n\n<p>Owner-operated. The app does not need any technical support. Owner&#8217;s responsibility to drive the business.<\/p>\n\n\n\n<p><strong>What does someone need to do to continue operating the business in its current form?<\/strong><\/p>\n\n\n\n<p>No special requirements. Should be motivated and savvy to drive up business through e.g. marketing campaigns.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Growing the business<\/h2>\n\n\n\n<p><strong>Can you list a few opportunities for a potential new owner to continue growing the business?<\/strong><\/p>\n\n\n\n<ul><li>Invest in marketing campaigns to drive up traffic. Users have generally good engagement rates with substantial activities of the majority of installs (&gt;50%). Should eventually drive up organic\/sustainable growth<\/li><li>Engage with users, e.g. cloud messaging (app notifications), write posts on Facebook, ask users for feedback, contact users with high activity counts, start e-mailing to users for news<\/li><li>Build brand (FB, Instagram) and serve users with motivational videos or any tips and lifehacks<\/li><\/ul>\n\n\n\n<p><strong>What has been the evolution of this asset since its launch?<\/strong><\/p>\n\n\n\n<p>The app came a long way as it is rather complex with a big database due to various features in-app where users can save the information and activate reminders.<br>It has proved now to be bug-free and running smoothly.<br>User engagement rate has gone up from initially around 30% and now up to 50%-60% in the latest months.<br>App gives users a lot of free activities before prompting them to subscribe. Subscriptions are speeding up with two subscriptions in the last two days (26.12+27.12 total of 13\u20ac).<br>The app is not focusing on subscriptions right now but rather attracting users and keeping on users for a longer time.<\/p>\n\n\n\n<p><strong>How does this business make money? What are the current revenue streams?<\/strong><\/p>\n\n\n\n<p>Subscriptions. Ads revenue could be a good option.<\/p>\n\n\n\n<p><strong>What marketing channels are most profitable for the business?<\/strong><\/p>\n\n\n\n<p>Facebook. Play Store and Apple App store should be next.<\/p>\n\n\n\n<p><strong>How does the business currently acquire customers and what is your breakdown for marketing costs?<\/strong><\/p>\n\n\n\n<p>Organically the app gains between 20 to 40 users a day. This can be pushed quickly through marketing tools. It tends around 0.2\u20ac to 0.3\u20ac to acquire new users.<\/p>\n\n\n\n<p><strong>How big is your current team? How many people does it take to run this business?<\/strong><\/p>\n\n\n\n<p>Two main people. Owner and developer. The owner is enough to run the business.<\/p>\n\n\n\n<p><strong>What\u2019s the reason for selling your business on Flippa?<\/strong><\/p>\n\n\n\n<p>Seems like a great platform and one of the main players.<\/p>\n\n\n\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link\" href=\"https:\/\/flippa.com\/11050520-work-life-organised-planner\">View the listing on Flippa<\/a><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>About the business Tell us a little about yourself. What\u2019s your background? How did you start the business? My day job is in finance (financial planning and analysis. I am generally good with analytics and databases. Together with a developer friend of mine, I started this app business. As an eCommerce business, where are your [&hellip;]<\/p>\n","protected":false},"author":19,"featured_media":9928,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","content-type":"","inline_featured_image":false,"footnotes":""},"categories":[394],"tags":[],"dipi_cpt_category":[],"acf":[],"_links":{"self":[{"href":"https:\/\/flippa.com\/blog\/wp-json\/wp\/v2\/posts\/9927"}],"collection":[{"href":"https:\/\/flippa.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/flippa.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/flippa.com\/blog\/wp-json\/wp\/v2\/users\/19"}],"replies":[{"embeddable":true,"href":"https:\/\/flippa.com\/blog\/wp-json\/wp\/v2\/comments?post=9927"}],"version-history":[{"count":0,"href":"https:\/\/flippa.com\/blog\/wp-json\/wp\/v2\/posts\/9927\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/flippa.com\/blog\/wp-json\/wp\/v2\/media\/9928"}],"wp:attachment":[{"href":"https:\/\/flippa.com\/blog\/wp-json\/wp\/v2\/media?parent=9927"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/flippa.com\/blog\/wp-json\/wp\/v2\/categories?post=9927"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/flippa.com\/blog\/wp-json\/wp\/v2\/tags?post=9927"},{"taxonomy":"dipi_cpt_category","embeddable":true,"href":"https:\/\/flippa.com\/blog\/wp-json\/wp\/v2\/dipi_cpt_category?post=9927"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}