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$150 seems expensive. It would be better if you create a service based on kwolla that allows users to easily setup their own social network. You host the social
by clark-kent 16y ago
$150 seems expensive. It would be better if you create a service based on kwolla that allows users to easily setup their own social network. You host the social network for them, and charge a monthly fee like $9.00 starter and premium $39 etc. The thing is that most average users don't like to setup and config servers, thats why email services and blogging services are so popular.
Hackers are usually the early adopters and they are the ones that will recommend your product to mainstream users, but the thing is that hackers don't like paying for software. Hackers don't like licenses. I think its a good idea to make kwolla open source, so that users can host it themselves for free or pay you to host it for them and provide support.
Making it open source also helps you develop a community around the product. You get users contributing code, fixing bugs, writing documentation, beta testing new features etc. With open source you also get viral distribution, lots of goodwill and free marketing. This is similar to Automattic's business model with Wordpress and Wordpress.com.
- leftnode 16y agoBecause Kwolla existed as an actual site before (http://www.prospectvista.com http://www.prospectvista.com) that didn't go anywhere, we had discussed open sourcing it. One of my main goals for 2011 was to have a commercial product, and this (and the shopping cart running the kwolla.com site) is it. I'm considering making it a SaaS type product, that might work out very well. Everyone is telling me $150 is too steep, so I'll lower the price too. Thanks for your input.