From 200 to 5 Million Users - How to Make Users Beg to Pay
From 200 to 5 Million Users - How to Make Users Beg to Pay
It All Come Backs To The Customer | OpusClip, Young Zhao
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Nov 24 2024
Sooyoung Rhee
Sooyoung Rhee
Hi everyone, It’s Yunjin from EO. Are we on the right track? If you’re running a business, This question becomes even more pressing. Is our product truly resonating? Should we pivot or stick to our vision? Playing it safe can feel stagnant, while risks bring uncertainty. At such a crossroads, Young Z., CEO of OpusClip, moved boldly. With just 200 users, he pivoted his product - and within seven months, that number soared to over 50,000. How did he know when to pivot, and what made his choices so effective? If you’re looking for insights into the data, mindset, and strategies needed to make impactful decisions, Young Z.’s story offers guidlines—not just about success but also forecasting the future of video creation industry. Well, Let's dive in!
SUMMARY
1. Do not push your product market fit. When you solve the customer's real problem-especially helping them to generate financial value-market fit will naturally follow. 2. Turn your customer base into a feedback flywheel. Feedback isn't always direct. It can come from actions like button clicks, shares, or usage patterns. Pay attention to every signal your customers give and use it to refine your product effectively. 3. Problems always come first. Cutting-edge technologies are cool, but they're only tools. Use them to solve something, not to showcase yourself. 4. Embracing Authenticity in an AI-Driven World, it's a world of automation streamlined creativity. Being yourself is the most unique asset you can have in this flood of content.
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Nov 24 2024
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Sooyoung Rhee