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I suspect their costs are going up because more and more people are buying fitness and sports watches and integrating those services with Strava. Not only are
by iamacyborg 4y ago
I suspect their costs are going up because more and more people are buying fitness and sports watches and integrating those services with Strava.
Not only are they simply storing the received data but they do a lot with it like calculating segments.
- kshacker 4y agoEven then they may have been able to attract a lot more revenue by keeping the old price, or god forbid, offer a discount. If you grow your free users by 100%, and your run costs are only 5-10% of your business, you do not need that much to absorb those incremental costs. However, if your business model requires 20 dollars profit per paying user, then of course your business model needs looking at. Just like Netflix is trying to say.