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Call it the "willing to get my wallet out" amount. People willing to spend any money for something will be willing to spend $5-6, at minimum. Charging only $2 i
by keiferski 5y ago
Call it the "willing to get my wallet out" amount. People willing to spend any money for something will be willing to spend $5-6, at minimum. Charging only $2 is just leaving money on the table.
- eternityforest 5y agoI'm sure there's some level of untapped market for average consumers. $5 a month is a LOT to someone who isn't rich. A few of those services is the difference between being "maybe able to go to a concert a few times a year and still save a bit" or "Literally living on cereal". Like, look at how much use Amazon Prime and Netflix get. That's the level of service I would expect from something that costs more than a dollar or two. I do have a VPS that costs $5 a month or so, and a $5 torrent seedbox that I use for some large files on some work projects. But I am actively looking for ways to eliminate that seedbox(I think Google Drive is probably enough).
- keiferski 5y agoMy point isn’t that $5 is an insignificant amount of money, but that people who are willing to spend $2 on non-essential web services are generally willing to pay $5.
- eternityforest 5y agoIf it were 50 cents, you might have a chance at an entirely new market though.