A note from Daniel

3. Users don't upgrade to a paid account: Ideally, once users perceive, experience, and adopt the value of your product, they'll start paying for it. If most users don't upgrade, it could be a sign that your user onboarding needs some love. So, what's a good free-to-paid conversion rate? For freemium businesses, aim for a rate of 2% to 5%.

Daniel Product-Led Onboarding, page 37 · July 28, 2023 Save to shelf
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