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This is actually a really cool idea. I think the people who are saying they don’t want to inject a 3rd party in the middle of their business are missing the poi
by richieartoul 6y ago
This is actually a really cool idea. I think the people who are saying they don’t want to inject a 3rd party in the middle of their business are missing the point or are working on projects large enough that this doesn’t make sense.
A 5-7% overall fee (once stripe’s fees are taken into account) could make sense for a lot of small businesses that don’t want to manage this stuff, although I feel realistically you could reduce your fee significantly for larger customers.
The fee structure also starts to make a lot more sense if the focus is less on login, and more about making it really easy to monetize your product (different subscription tiers, gating features, pricing suggestions, funnel analysis, a landing page generator, etc).
Regardless I’ve built side projects before that still have lots of daily active users that I never monetized because I couldn’t be bothered to do all the payment and subscription integration work.
If I could start a new project today and know that I have:
1) User management (auth, password reset, etc) which is tedious to reimplement
2) Payments
Working from day one that’s a very enticing idea, although you’ll need to build faith that your service is reliable and will be around for a long time to get people to start using it.
My email is in my bio, feel free to reach out, I’d love to chat about it a bit more.