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> I'm growing more to like the "social network at a utility" model that I believe some in Twitter unsuccessfully argued for in its earlier days. The problem wi
by fweespeech 11y ago
> I'm growing more to like the "social network at a utility" model that I believe some in Twitter unsuccessfully argued for in its earlier days.
The problem with a utility is you have to pay for usage. The majority of the internet has shown they aren't willing to pay $.02 for an account.
This being the case the only way to build a business model is to capture as much of the value as possible from your user which creates the Consumer v. Business relationship where both are trying to extract the maximum value they can from the other.
Walmart, Amazon, etc. does the same thing with their suppliers.
Businesses always align with their customer's short term interests [via voting with their cash] in relatively free markets. Long term thinking isn't something consumers do.
- ryr 11y ago> The problem with a utility is you have to pay for usage. The majority of the internet has shown they aren't willing to pay $.02 for an account. I think users would be more willing to pay if it were easier to pay. You have to break out your credit card to pay for software. Then you have to enter your number, your billing information, etc. It's a question of how badly you want it. If there were a service like Amazon's 'buy with 1-click' that could be integrated with any website, it could help monetize more sites.
- fweespeech 11y agoAmazon defends that patent so it isn't possible to create such a service without cash for lawyers. https://www.google.com/contributor/welcome/ https://www.google.com/contributor/welcome/ You'd need to use a service like that.