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Statistic
Both freemium offers and free trials convert 9% of free users into paid customers.
ProductLed: Growth Benchmarks
View Statistic Source, Methodology, And Link
Publish year:
2022

Report Methodology

ProductLed surveyed over 600 SaaS businesses about topics related to product-led growth.

Why it Matters

The statistic of converting 9% of free users into paid customers is significant because it highlights the effectiveness of both freemium offers and free trials in driving conversions. This suggests that providing a limited version for free can entice users to upgrade and become paying customers, proving the value of these strategies in generating revenue for businesses.

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