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Erick is pretty down on the payment rate of 25%. But think about it this way: the content is free and no one needs to pay. That 25% do is pretty astounding actu
by ivankirigin 18y ago
Erick is pretty down on the payment rate of 25%. But think about it this way: the content is free and no one needs to pay. That 25% do is pretty astounding actually.
As we move to other models of micropayments, this issue won't be as big.
- pmjordan 18y agoI reckon you guys just need critical mass. Once the widget is everywhere, people won't have a problem going into credit on their TipJoy account. Once you've got that, it will be practical to use TipJoy for payment of content, etc.
- stcredzero 18y ago25% is 2.5 times higher than the payment rate for public radio, which is just 10%.
- ssharp 18y agoBlogs tend to also have a smaller passive audience percentage than public radio as well. Also, I'd rather have a 10% payment rate where I'm getting significantly higher donations than a 25% rate where I'm getting 10 cents. I don't know what the average gift is but I'd guess it to be over $100.
- mattmaroon 18y agoWait, I thought he meant 25% of however many people actually click the button to tip. That would fit with my experience.
- aneesh 18y agoNo, I think that 25% of the pledged tips are actually paid.
- deleted 18y ago[deleted]
- mattmaroon 18y agoRight, that's what I meant. Only a small percentage of people seem to pledge.