Please help me grow my online business
I have an online business that I have been working on on the side for a little over a year now. It is a remote user testing website. So we help websites get feedback from real users who could be considered potential clients of the websites being tested.
The business has had some moderate success, but is a long way from profitable. I have over 600 customers in my database (but only a small percentage are paying).
Here is the business model:
- Websites (mainly startups) come to us so we can recruit individuals (testers) to record their experience using their website and at the same time voice their opinions.
- We entice each new client with 1 free user test to get them started.
- I then try to follow up with each customer on their experience and offer them coupon codes on our purchased tester plans. The client can order 5, 10, or 15 testers at a time.
- I pay each tester up to $5 per test depending on the quality of feedback they offer.
- I charge the client anywhere between $10-$15 per user test depending on which package they order.
The primary problem is, is that I am not converting enough free clients into paying customers. Too many people are signing up for 1 free test, and don't come back for more.
I have built my database of testers to more than 3,000 people. So I have a surplus of testers, just not enough clients.
Money is tight, so I have only been able to market my site via twitter and word of mouth. I even built a referral system for websites to refer other websites to use my service. Unfortunately it hasn't had much success.
What can I do to take my business to the next level? I feel like I am stuck and just can't figure out what I need to do to knock it out of the park. The people who have given it a try have loved it.
EDIT: I have seen others post a link for critique in these forums so I guess it's ok to do the same. Here is a link to my business: http://www.betapunch.com if you want to take a look. Feel free to try it out for your own site and get a free test from one of our testers. I would love to know what you think of the overall experience.
Thanks for your time!
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