From €44,000 to €72,000/monthly: Consolidate and Expand – Weglot blog
Time to read : 5 minutes Six month ago, on 1 November, I finished my article with a clear objective for Weglot: reach 70,000€ in Monthly Recurring Revenue (MRR).
That was not an easy target to reach within 6 months but we managed to pass the 72,000€ MRR this week. A number I would have thought impossible to believe in 2 years ago…
To achieve this, we couldn’t only wait for customers to keep coming. It was clear that with our current customer acquisition rate, growth would still go on but if we did nothing, growth would have slowly faded and our MRR would have plateaued.
To ensure we kept growing at a fast pace, we had to do two things:
Consolidate our strengths: Keep shipping the best service in WordPress and Shopify in 2018. It means to keep building the best multilingual plugin for WordPress & Shopify but also having a very reactive support team and being very fast in our development cycle to add new features and strong improvements for the future.
Explore: Start exploring new technologies for Weglot. Multilingual implementation is a problem that concerns all technologies, not only WordPress and Shopify. Thus, we are starting to launch Weglot for other CMS
Source: https://managewp.org/articles/17386/from-44-000-to-72-000-monthly-consolidate-and-expand-weglot-blog
source https://williechiu40.wordpress.com/2018/05/03/from-e44000-to-e72000-monthly-consolidate-and-expand-weglot-blog/