Product lessons from a profitable, $20M ARR subscription app — Jesse Venticinque, Fitbod
Blog post from RevenueCat
Jesse Venticinque, Co-Founder and CPO of Fitbod, emphasizes the significance of understanding non-engaged users through interviews to improve conversion rates and highlights the importance of establishing an ideal customer profile for successful growth. He discusses leveraging AI and ML for personalized training, which contributed to Fitbod's substantial growth, with over 5 million downloads and 40 million logged workouts. Venticinque stresses the role of word-of-mouth in Fitbod's growth strategy, advocating for a focus on measurable metrics such as subscription cancellations and dormant accounts. He explains that while retention is crucial, the primary focus should be on short-term business metrics to drive conversion and activation. Venticinque also highlights the necessity of achieving product-market fit before seeking investors and expanding beyond the ideal customer profile to reach mass user adoption.