Nicholas Hayes

Nicholas Hayes

LP Secondaries at ICG

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Experience ICG logo Vice President ICG · Full-time 2025 – Present London Area, United Kingdom

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Has anyone seen higher paid conversions by switching from Freemium to a hard Free Trial?

We offered a generous free forever plan for over a year hoping users would naturally upgrade as they grew. Most stayed on the free tier forever and treated us like a free utility.

Last month, we killed the freemium plan and switched to a strict 14-day free trial. Sign ups dropped slightly, but our paid conversion rate doubled almost immediately.

Did freemium work as a growth engine for you, or did it just cannibalize your revenue?

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