3 ms·
It sounds as though your model is based on a Ponzi scheme. I don't mean to be offensive when I say that - I'm not suggesting you are trying to scam people, mere
by mryan 13y ago
It sounds as though your model is based on a Ponzi scheme. I don't mean to be offensive when I say that - I'm not suggesting you are trying to scam people, merely that your early "investors" (the first person to pay to read an article) will only get paid as a result of later readers purchasing articles they promote.
These later readers will have to find further readers in order to recoup their costs and perhaps make a profit.
The business model is decidedly pyramid shaped, which is usually only a good thing for the people at the top of the pyramid.
- mryan 13y agoPS: After re-reading my post it looks overly negative. I'm not saying this is a bad idea, just raising some concerns I would have as a reader or author. Props to you for a) having a solution to the problem and b) getting the landing page launched. Both of these are a lot harder than picking holes in someone else's idea! :-)
- VierScar 13y agoHey Mryan, it doesn't necessarily benefit "early readers" more - it benefits those that can get more traffic to convert. I don't believe that quite makes it a "pyramid scheme" - especially as the exact same scenario is occuring with Amazon: (1) Seller bob creates a product. (2) Amazon lists it in their stock. (3) Promoter joe posts about the product, adding an affiliate link. (4) If a viewer buys the product with his link, he gets a cut.