Social Times - Latest Comments in Multiply’s Solution to Monetization? Charge People!

Re: Multiply’s Solution to Monetization? Charge People!

Ken Burbary — Wed, 25 Jun 2008 14:07:27 -0000

It depends on perceived value. I'll use Twitter as an example because I'm not using Multiply yet. Would someone new to Twitter be as willing to pay? Would an early adopter that gets/puts much more out of the Twitter community be any more willing? Each individual must decide that for his/herself. I would pay a fee to use it because I believe there lies significant value in the community that I've become a part of. It sure provides a heck of a lot more value to me than the $6.95/month I pay for ESPN insider!

Re: Multiply’s Solution to Monetization? Charge People!

Jason Preston — Wed, 25 Jun 2008 12:57:18 -0000

I remember back when I used LiveJournal freemium was the model there, too. Paying users could do some funky things with RSS feeds, get more icons, and had more customization power.

It seems to work pretty well for LiveJournal, since it's still around.

Re: Multiply’s Solution to Monetization? Charge People!

Eric Dewhirst — Wed, 25 Jun 2008 12:11:20 -0000

Pay to use is tricky - if you charge a penny it is a barrier to entry. This is the "give it to me free" economy and that is what people want and will continue to look for. Facebook could now charge a small premium but that is because they are a massive hub - if there are several options and one of them is free - that is where the traffic will go.

Cheers - Eric
blog.pickuppal.com