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I have some constructive criticism. The pricing is over the top for what is just timestamps + (any interaction you can think of) on a video. And it's a subscri
by exodust 8y ago
I have some constructive criticism.
The pricing is over the top for what is just timestamps + (any interaction you can think of) on a video. And it's a subscription model, which is an extremely optimistic pricing model.
While I believe there is untapped potential for clever video time-stamping (I've worked a bit on this stuff myself), most of the time viewers don't want their video interrupted. Nor do video producers want their videos interrupted due to the fact timing, editing and pace is usually important to a video presentation.
Asking "what is your name" or inviting other input at key points could be very useful, but not when it depends on being a member of something called mindstamp. That's more than friction, that's a brick wall.
Tutorial videos, or complex "paths" for say an interactive story involving choice, could be a use case, but we're now starting to get excited about the scraps on offer after most people have said no thanks. In saying that, there could be plenty of money in the scraps if it's a niche, specific application. Such as tutorial videos, e-learning, evaluative videos, induction day training, and so on. But again... the subscription model... ouch.
- ladybro 8y agoThanks for the feedback. A couple things that came to mind: - It costs me $ each month to store multiple versions of the video for different devices and connections. Charging a flat rate per video would be nice but eventually I'd start to lose money and have to ditch customers. - Viewers don't have to be members of Mindstamp. The name / email captured from the video is sent only to the video owner, not for account creation. That fact should be clearer if you thought it was the case, though. - Not all videos need to be made interactive, and being able to 'opt out' of the interactions as a viewer is on the road map. - The pricing might be over the top for a single individual trying to take notes on a Youtube video, but for a business customer that is uploading and streaming multiple videos per month in a professional setting, $39 / month is a drop in the bucket, especially if it's resulting in a couple fresh leads or a few hours of email timestamp-ing saved. For now, I'm channeling Patrick Mckenzie [0] and keeping the prices high. Thanks again for your thoughts, I truly appreciate you taking the time.