Passing 10000$ Monthly Recurring Revenue Transparency Report #2
The last 4 months were quite impressive. Since our last transparency report TranslatePress grew from 4500$/month in August to over 8500$/month at the end of November. Then, in the last month of 2018, TranslatePress sales passed the 10000$ monthly recurring revenue mark.
This is HUGE for us and a solid confirmation that our efforts are focused in the right direction.
Besides this, the free version active installs grew to 30K.
Below we’re going to go into what happened in the last 4 months, the things we focused on as well as revenue breakdown. Welcome to Transparency Report #2.
Development, Better Processes and Speed Improvements
Development wise the last period was focused on two main things: (more) speed improvements as well as getting TranslatePress to work for a lot of edge cases.
Speed is critical, so we’re constantly looking to make TranslatePress as fast as possible. To achieve this we’re basically caching operations that are intensive.
Less load on your multilingual site means more traffic (due to better SEO) and an increase in your conversion rate.
Apart from this, new features were put on hold in order to fix edge case bugs, making sure TranslatePress works
Source: https://managewp.org/articles/18264/passing-10000-monthly-recurring-revenue-transparency-report-2
source https://williechiu40.wordpress.com/2019/01/07/passing-10000-monthly-recurring-revenue-transparency-report-2/