One month later
SQLiteManager was launched exactly one month ago, so it's time now for a little balance.
I know that settings goals is a good thing so I try to set some realistic numbers about what I can expect from sales. It was not an easy task to set up realistic goals, I know that I could be happy with 1 million USD per month, but this is not very realistic :-)
So I tried a simple approach, for me failure or very small success means X copies per month, success instead means Y copies per month, so my realistic goal is (X+Y)/2. This is a very simple way and maybe it isn't the optimal one, but is it a starting point...
These are SQLiteManager's results:
(blue are my initial goals, red are real numbers)


As you can see I am more than happy with sales, results are nearly three times my initial goal.
But was the goal right?
Can I expect a similar trend sales for the next month?
Well ... I really can't know now, I can have a response only observing how sales are going in the next month. What is interesting is that about 80% of my initial month goal was achived in the first two days!


As you can see the first two days was stellars ... mainly due to the fact that SQLiteManager 2.0 was a very attended product and because a lot of 1.x users was waiting for the upgrade.
So, what happens to my goal if I delete the first two days from charts?
Well ... even deleting them my sales is nearly two times what I have previously set as my realistic goal.
Maybe the goal was too low, or the first month is just a period too short in order to get some decent statistics ... but I think this is a good starting point and a good way to analyze my sales. Next month I'll try to obtain better conclusions from my numbers...
I know that settings goals is a good thing so I try to set some realistic numbers about what I can expect from sales. It was not an easy task to set up realistic goals, I know that I could be happy with 1 million USD per month, but this is not very realistic :-)
So I tried a simple approach, for me failure or very small success means X copies per month, success instead means Y copies per month, so my realistic goal is (X+Y)/2. This is a very simple way and maybe it isn't the optimal one, but is it a starting point...
These are SQLiteManager's results:
(blue are my initial goals, red are real numbers)
Number of copies (first month)

USD generated (first month)

As you can see I am more than happy with sales, results are nearly three times my initial goal.
But was the goal right?
Can I expect a similar trend sales for the next month?
Well ... I really can't know now, I can have a response only observing how sales are going in the next month. What is interesting is that about 80% of my initial month goal was achived in the first two days!
Number of copies (first two days of sales)

USD generated (first two days of sales)

As you can see the first two days was stellars ... mainly due to the fact that SQLiteManager 2.0 was a very attended product and because a lot of 1.x users was waiting for the upgrade.
So, what happens to my goal if I delete the first two days from charts?
Well ... even deleting them my sales is nearly two times what I have previously set as my realistic goal.
Maybe the goal was too low, or the first month is just a period too short in order to get some decent statistics ... but I think this is a good starting point and a good way to analyze my sales. Next month I'll try to obtain better conclusions from my numbers...

9 Comments:
Thanks for posting this, though it would be nice to have some labels on these diagrams. I mean, all I see is colourful boxes. No way to relate them to each other.
By Uli Kusterer, at 1:59 PM
Good stuff! Are you planning on posting trends over a longer period of time? I would by very interested to see the dips and valleys over the days and months.
By Jon Trainer, at 3:03 PM
Why don't you publish any hard numbers? I don't understand why people are so secretive. I have my numbers up on my blog http://bernard-web.com/pierre/blog . And they are not (yet) much to brag about :-(
By Anonymous, at 3:39 PM
@Uri: I know you are right, but I don't want to post too much details now. I plan to post more numbers in the future.
@Jon: Yes, I plan to post details each month, with new charts and maybe some more numbers.
@Pierre: I know you are right, I'll try to be less 007 in my future posts :-)
By Marco Bambini, at 4:01 PM
Thanks for sharing. Glad to see you're doing so well right out of the gate. Best of luck.
By Mike Zornek, at 6:01 PM
Congrats! I'm trying to live The Life myself.
One thing that is confusing is that SQLiteManager is 2.0, which you should state upfront. I think that is a great milestone to reach! You should able to encourage a lot of your existing customer base to upgrade. I'm curious: how did you come up with your upgrade price?
The more important question at least for most of us is: How did you feel One month after your 1.0 which was (checking VersionTracker) back in April 2004, especially compared to your expectations?
By Luis de la Rosa, at 6:28 AM
@Luis: Well, SQLiteManager 1.x was developed by my ex-business partner (now SQLabs is 100% owned by me) so after some initial thoughts I decided to completely rewrite it and after about a year, SQLiteManager 2.0 was finally finished.
I examined my numbers more carefully and I can said that about 50% of new registrations are upgrades from the old 1.x version.
By Marco Bambini, at 1:33 PM
Congrats Marco! I'm sure those results are a good motivation ;)
I saw that you are using AdWords... and if I may suggest, try using an ad like the following and see if the CRT is higher than the one you are currently using:
Title (separate the SQLiteManager words):
New SQLite Manager
Description:
Easily Manage Your SQLite
Databases. Get Free Trial!
You don't need to delete the current ad - just create a new ad. You can have several ads for a specific ad group in order to see what ad converts into more clicks.
By Carlos, at 7:39 AM
@Carlos: Thanks a lot, I really appreciate yoru advice. I was thinking that my Ad wasn't too good, so I'll surely try yours.
I'll reports the new CRT after few weeks of advertisement.
By Marco Bambini, at 9:14 AM
Post a Comment
<< Home