Internet Subscription Pricing for very unique..one of a kind actually, product
Just found this great forum and was lurking on some other threads and some some great advice by members so i was hoping for some help. I and a small team have spent the last 3 years developing the technology for a one of a kind site that deals with musicians. Without giving away trade secrets, the best analogy would be to think of sites like Edmunds for cars. But this is music instrument related and it is interactive. It will be the only one of it's kind in the internet and provide invaluable consumer information and interaction between products that is not currently available in this form.
I originally wanted it to be free, like any other comparison site, but the technology and the insane man-hours that have gone into creating it, keeping it's high-bandwidth servers running and ensuring constant value-expansion for users through even a larger library of products to compare has brought me to having to charge a fee.
I want to make it an almost no-brainer. Maybe something like $6-12 per year? Once it takes off, then all sorts of possibilities open up but for the initial year or two I'm financing all of it by myself which has been hard but worth it. I think anything over $15 is too much for the perceived value it has at launch though it can and will save consumers and retailers tens if not hundreds of dollars per product sale.
Unfortunately there is nothing like it on the web so there is no baseline to compare it too. I'm thinking free user registration with limited access to data and unlimited subscription at up to $12 per year. but I don't know what the magic number should be..especially in the beginning with no user data. We are launching soon so i have to take a deep breath and make an educated guess soon. Any info would be appreciated.
- D
Chintan Mehta
"Opportunity is missed by most people because it is dressed in overalls and looks like work." Thomas Edison
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