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The bigger story is that they've changed Reddit Gold from a feel-good, pay-what-you-want model to a standard, fixed-price model. It went from being the neighbo
by jfager 16y ago
The bigger story is that they've changed Reddit Gold from a feel-good, pay-what-you-want model to a standard, fixed-price model. It went from being the neighborhood self-serve coffee bar to Starbucks. It will be interesting to see if the Predictably Irrational prediction holds and payments actually end up dropping off.
- clistctrl 16y agoI think they made the right decision. It would not surprise me if people stopped pitching money into the "jar" after a few months. There are actual continual expenses required to run a site, and I think a lot of people would fall into the "I contributed my share already, let someone else add more" mentality.
- jfager 16y agoThe first and most major hurdle is to convince people who are used to and still have the option of pretty much the exact same service for free that they should pay anything at all, and that needs to be very low. Letting people choose their price and giving them the little gold badge taps into their emotional response at a very low cost, so stick with it. Beyond that, the Gold features that cost money to implement should require a minimum donation to make them sustainable, and the page that takes the donations should have a 'make this donation recurring' checkbox.