I have designed, planned, launched, and monetized a new product from scratch.
What is ABLUR 2.0
One-liner: Easy and fast webtoon background creation program for webtoon creators
Target customer: Individual webtoon creators
- Who?
- Creators who handle the entire process of storyboarding, line drawing, backgrounds, post-processing, and editing by themselves
- Creators who do below process when working on backgrounds
- Buy SketchUp files,
- Open them in SketchUp, set up the composition and render,
- Then import into Clip Studio and do post-processing
- Who not?
- Amateur creators (who don't earn money from webtoons)
- Creators who don't subscribe to SketchUp
- Studio creators
- Illustrators
Problem: The program used for creating webtoon backgrounds(SketchUp) is too expensive, and its usability and performance are poor.
- SketchUp program subscription cost ($349/yr)
- Various Ruby (extensions) that need to be purchased additionally (estimated at about $120)
- Usability of SketchUp program
- Too many unnecessary features for webtoon creators
- Webtoon-specific features are only provided through extensions
- Low quality of UX
- Need to use two tools for backgrounds and it takes long process
- SketchUp + Clip Studio
Solution: Create a program with good usability and performance specifically for webtoon creators and provide it at half the price.
- Webtoon background-specific features
- Good usability
- Performance (by using Unreal Engine)
- Affordable price (about half of SketchUp)
Timeline
September, 2023 | February, 2024 | July, 2024 |
Initial product concept planning | First beta test | First monetization |
Outputs
Retention
Weekly retention | 40% |
W1 retention | 26% |
Weekly retention plateau | 11% |
Subscription
First month revenue after monetization | $15k |
Annual subscription ratio compared to total subscriptions | 50% |
Trial → Paid conversion rate(based on the first month's cohort) | 29% |
M1 re-subscription rate | 78% |