What is Nostr?
johnsBeharry / Johns from Peak Shift Ltd.
npub1shh…56zk
2024-02-04 09:56:47
in reply to nevent1q…ny35

johnsBeharry on Nostr: By lump-sum i mean paying for an entire month of service up-front. I always quote roy ...

By lump-sum i mean paying for an entire month of service up-front. I always quote roy from Breez on this one: Paying subscriptions is like buying a whole cow if you just want a glass of milk. Sure I might drink the cow dry, but it's def not going to happen in one month. I don't like cereal that much!

**AWS Time Based Pricing**

AWS got developers used to paying per hour instead of renting from a data center for a whole month, then with AWS Lambdas / Cloud Functions we went for pay per request. The business model they choose was quite defining, and customers flocked to them.

**NEO Banks letting customers manage subscriptions**

Recent years, I think there has been a slow realisation that subscriptions are adding up. I did some UX research on NEO Banks in 2018 and realised a bunch of them were starting to add subscription management tools. Before you'd have some shitty transaction list and not be able to tell what you're getting charged for.

Thinking about it, pricing that fits a business is subscriptions by far. It's how gyms are able to be profitable... BUT... perhaps an innovative pricing model (with a product that has a good demand) can help new companies take over from the already established players.

FYI personally I don't think L402 and bitcoin are well fitted for the masses, there's too much friction to make the payment ATM.
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