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Well said. Its a wide-open place and welcomes engineering opinions ... the price (+/-) has been hotly debated inside App.net. I admire Dalton for moving down O
by teawithcarl 14y ago
Well said.
Its a wide-open place and welcomes engineering opinions ... the price (+/-) has been hotly debated inside App.net.
I admire Dalton for moving down ONLY slightly on price.
He actually raised it on the monthly, yet allowed people to test cheaply. It's worth the premium, Dalton is wise not to give it away.
PS - members are a dream demographic, and spend $5 on apps easily. Some developers have made $ thousands via app sales already. The developer revenue share model (just announced) accrues additionally on top of app sales each month.
- rexreed 14y agoExactly. The real rub will be to manage the churn rate. If their LTV on monthlies is less than 12 months, then they lose the price premium on monthlies. At $5/mo, they would need their LTV to be at least 10 months to match the old subscription rate. But I have this feeling that social networks have stickiness, which would probably mean a low churn rate. Maybe.