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That sounds like the reverse of what http://amiestreet.com http://amiestreet.com does with music - they start it at free and the price goes up to 99c based on d
by nfriedly 16y ago
That sounds like the reverse of what http://amiestreet.com http://amiestreet.com does with music - they start it at free and the price goes up to 99c based on demand.
If you buy it at the low price, you can "recommend" it (write a review) and then later after the price has risen, get the difference in price credited to your account. (The difference between the price at the time of the review and the current price.)
Unfortunately I think they're closing up shop in a month or two...
- barkingcat 16y agoThat's why you start high, and then go down. People actually want to pay you buckets of cash if you let them - all startups should keep that in mind. As a consumer, I've also thought - hey this service/product is totally worth $50, and I would give them that money - but it's priced at $10 - so I'll just pay what they ask - 10 bux it is - it's a steal! - Great for me, not so great for the seller. Have you ever felt like that as a consumer? And if you're looking for consumers who can't afford more than $10 to spend on this theoretical product, maybe you're in the wrong industry segment, or you need to match the sale price with the production costs - ie you can't hire coders at $80,000/year just to make a $10/user product - until you hit that scale of # of customers. McDonald's hires kids for their crew at perhaps $12,000/year, and sells burger meals for average, maybe $6 - $10. And they're extremely profitable - even though they are selling physical goods with warehouses, processing plants, real estate, etc.