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I stronly suggest you experiment with charging a one-time fee based on your estimated lifetime value of a customer. $1.99 in monthly fees for a personal utility
by revorad 16y ago
I stronly suggest you experiment with charging a one-time fee based on your estimated lifetime value of a customer. $1.99 in monthly fees for a personal utility like this is not too much to pay, it's the mental overhead which stops me from buying it. And you lose money per transaction.
Pinboard's pricing model is great here. A one-time fee of around $10 to use the service and $25 per annum archival fees. You should consider doing something similar.
- nekgrim 16y agoPinboard has also a roadmap, so you know what to expect in the next months. The monthly fee is a good "you can stop when you want" argument. If a new bookmark service with an innovative feature comes out in 2 months, you can change without hesitation. Maybe propose both choices. Something like 22$/year or 1,99$/month.
- idlewords 16y agoI think a recurring fee for this kind of service is a bad idea. Either you spend some time each month deciding whether you got $X of value, or you choose not to bother and feel vaguely taken advantage of (at least, that's my own personal experience with Audible.com and other monthly services). Thanks for reminding me to go update the roadmap :-)