Well, I didn't pay Dropbox $400. I paid it $9.99/mo. Then a long time went by.
Okay, maybe it was a little silly to imply that it was worth $400 over the course of one's lifetime. But I have to live up to my namesake once in awhile.
Consider this: What if Pinboard was pay-what-you-want? I wonder if the average revenue would be closer to $40/person than to $10/person. Or, if it's still the same average price, I wonder if it would've resulted in higher total volume (many more sales).
It's interesting to realize that, barring some catastrophe, I'll be using both Dropbox and Pinboard in 10 years. That means I'll have paid Dropbox $1,200 and Pinboard $10 (or $110 after the pricing change.) Maybe that's the right price point. I don't know.
Monetization is a weird and fascinating subject to me. There's a lot of counterintuitive aspects to it. In particular, it's possible to drive customers away by trying to nickel-and-dime them. Yet it's also possible to turn your back on a lot of money without realizing it. Patio11's gone into this in more eloquent detail than I ever will.
Okay, maybe it was a little silly to imply that it was worth $400 over the course of one's lifetime. But I have to live up to my namesake once in awhile.
Consider this: What if Pinboard was pay-what-you-want? I wonder if the average revenue would be closer to $40/person than to $10/person. Or, if it's still the same average price, I wonder if it would've resulted in higher total volume (many more sales).
It's interesting to realize that, barring some catastrophe, I'll be using both Dropbox and Pinboard in 10 years. That means I'll have paid Dropbox $1,200 and Pinboard $10 (or $110 after the pricing change.) Maybe that's the right price point. I don't know.
Monetization is a weird and fascinating subject to me. There's a lot of counterintuitive aspects to it. In particular, it's possible to drive customers away by trying to nickel-and-dime them. Yet it's also possible to turn your back on a lot of money without realizing it. Patio11's gone into this in more eloquent detail than I ever will.