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Have you spoken with your audience about charging? Have you read 1000 true fans by Kevin Kelly [1] I'll give you my experience in the freemium (not publishing
by pedalpete 4y ago
Have you spoken with your audience about charging?
Have you read 1000 true fans by Kevin Kelly [1]
I'll give you my experience in the freemium (not publishing) space.
I ran a website which was VERY popular with a niche community, and popular, though less popular with people outside of the niche.
A few large companies outside the niche paid for API access to the service, and a VERY few people in the niche community paid for premium service, often just because they wanted to support the project.
The project kept growing and growing within the niche. It basically captured all the market share. No matter what we did, implementing requested features, changing pricing, the freemium users almost never upgraded.
We considered removing freemium and forcing everyone to pay, but in discussions with the community, they would say "can't you get sponsors for the site"?
Then a large company said they wanted the tech, didn't want the niche community.
So, we made the announcement that we'd be shutting down the community.
That's when lots of people started with the "oh, but I would have paid..." and still the "can't you sell advertising"?
I don't know how big your audience is, but with the volume of content, I that is available, and the challenge major publishers have in monetizing their diverse content, I think paying for publishing for most people is going to be a challenge.
But also, what are your expectations? How many paid subscriptions to do you expect to have?
I recently signed up for Benedict Evans newsletter, and was surprised that he had a "paid content" section.
I guess the point is that IF you have a following, and a niche, and a group of people who value your view (or your writing), then you only need 1000 true fans.
1 - https://kk.org/thetechnium/1000-true-fans/ https://kk.org/thetechnium/1000-true-fans/