On 16 Sep 2006, at 18:32, Robert Woodhead wrote:
My site http://selfpromotion.com/ works on the "you decide how much
to pay" principle and at one point a few years back (during the
boom) was generating low 6-figures per year. A bit lower now, but
high-5 figures for 1 hour a day of my time.
I actually did the analysis once of how I would have done if I'd
set a price for my site's services vs. letting the user decide. At
the optimium price point that captured the most revenue (assuming
everyone who contributed less didn't pay, and everyone who
contributed more paid the set price), letting people decide what
was fair doubled my income. Very surprising.
A lot depends, I think, on making the personal connection between
the author and the user. If they see you as a person, they won't
cheat you. In fact, they'll go out of their way to be fair.
Good to know that it at least has worked for someone :-) I remember
the guy developing 7zX (which is a nice utility to create 7z
archives, not very fancy, but not bad either) complained about not a
single donation, he still needed to pay for the icon and couldn't.
Best regards
Peter De Berdt
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