How Free Services Can Lead to Successful Companies
Hatched by Glasp
Jun 27, 2023
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How Free Services Can Lead to Successful Companies
Many successful companies have been built without charging their users upfront. This has been made possible by the potential of organic search and other smart marketing techniques. In this essay, we will explore how Duolingo, Tiktok, Adobe, and Bonjoro have leveraged these techniques to build their companies.
Duolingo, an app for learning languages, has grown to a $700 million company without charging its users a penny. Instead, they offer a freemium model, which provides users with basic services for free but charges for advanced features. The app has been successful because it uses gamification to incentivize users to keep learning. Duolingo's marketing strategy relies heavily on word-of-mouth, which has been amplified by a strong social media presence.
In a similar vein, Tiktok, a popular social media app, has grown to become one of the most downloaded apps in the world. The app's success can be attributed to its algorithm, which shows users content that they are most likely to enjoy. Tiktok's marketing strategy relies heavily on user-generated content and influencer marketing. Additionally, Tiktok has leveraged search engine optimization to appear higher on search results.
Adobe, a company that specializes in creative software, has been able to build its brand without charging its users upfront. Adobe's marketing strategy relies on providing free trials for its software, which allows users to test their products before committing to a purchase. Adobe has also created a strong online community where users can collaborate and share their work. This has led to increased brand awareness and loyalty.
Bonjoro, a personalized video messaging app, has been able to attract users through organic search. Bonjoro's marketing strategy relies on creating valuable content that ranks highly on search engines. Additionally, Bonjoro has a referral program that incentivizes users to invite others to try the app. This has resulted in increased word-of-mouth marketing and user acquisition.
In conclusion, companies can build successful businesses without charging their users upfront. By leveraging organic search and smart marketing techniques, companies like Duolingo, Tiktok, Adobe, and Bonjoro have been able to grow their user base and increase brand awareness. These companies have shown that providing value to users and building a strong community can lead to long-term success.
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