Interesting article

When the other folders just won't do!

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Interesting article

Post by Elgin_McQueen » Tue Feb 26, 2008 5:14 am

Free! Why $0.00 Is the Future of Business ... rentPage=1
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Post by Sureshot » Tue Feb 26, 2008 5:47 am

Was involved in an example of this myself recently.

Picked up a copy of LSDJ, which up until recently retailed at $40. However, the author then decided to knock the price down to $0.01 per copy and encouraged a recommended donation of $20. I, and many other people I've heard who bought it, have paid the $20, and some people more in other cases. Obviously there will always be those who pay the minimum, but this is evened out when some decide to pay more.

Interesting business model, that makes you pay what YOU feel something is worth with relation to quality and the efforts of the author. Definitely better than paying $40 up front for something you might feel dissatisfied with after.

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Post by The Universal » Tue Feb 26, 2008 6:42 am

It worked for ID
Just where is Mickey T?

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Post by Dudley » Tue Feb 26, 2008 9:32 am

ID always had set prices for their stuff as far as I'm aware.
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Post by felgekarp » Tue Feb 26, 2008 10:13 am

Didn't RadioHead, was it them?, do the same with their last album, you could download it and pay what you thought was a fair price, I saw a news item on it that said the majority of people didn't pay at all but I'm not sure how much of that is true.

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Post by pforson » Tue Feb 26, 2008 11:51 am

Indeed Radiohead did release their last album in this way and the average price paid (according to the metro) was about £3. Proving that it doesn't really work.
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Post by Blumf » Tue Feb 26, 2008 1:55 pm

pforson wrote:Indeed Radiohead did release their last album in this way and the average price paid (according to the metro) was about £3. Proving that it doesn't really work.
Or that the album wasn't very good.

If you have an excellent product, more often than not someone will be prepared to pay for the enjoyment/usefulness derived. I know I do. However you could, if that is your intention, make more money by selling it at a reduced price, e.g. $10 rather than $40.

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