Finally had a chance to really read through this article and the attached MIT document and thought I'd share.
Getting 90% of the market share but not making any money is not a win.
"Free brought us recreational users who tried us for superficial reasons, while those who found real value were the enterprise customers.”
If you've already developed a large 'customer' base from a Freemium model – answer to the enterprise customers needs to really grow your product(s) in the right direction – and your business. If people are willing to pay, chances are you're filling a need & you will attract more paying customers.
Thanks for sharing +Panah Rad!
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Has the Freemium business model run its course?
"Product innovation does not mean business model innovation. If your product adds compelling value to customers, charging for it is simply getting your fair share of the value created. You do not have to be ashamed of making a profit."
Very interesting thoughts.
(Thanks for sharing, +Elizabeth Delgado.)
WATCH: A New Electric Vehicle For Wheelchair Users
A recent addition to the electric vehicle market hopes to bring green transportation to more individuals that use wheelchairs. Translogic’s Bradley Hasemeyer took a test drive of the Kenguru and found…
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It’s summertime! Does your WordPress database look good in a bikini? Here’s a quick way to trim the fat & make it super sleek!
(If only it were that easy for us humans!)
If you received an email or notification of this post it means I have you in my “Monthly WordPress Tip” circle. If you would prefer to not receive notifications or emails, feel free to let me know & I’ll remove you, post-haste! It is my intention to share helpful information and not annoy anyone.
(For the curious, click the photo to see more of this artist’s work, unrelated as it is to this article. Photo credit to the linked site.)
Is your WordPress database larger than it needs to be? Perhaps you’re moving to a new server and having trouble uploading the database because it’s too large?
If your life is touched by WordPress at all, here’s a survey you can take to help shape the future of WP.
(What, no G+ support for sharing at the end? Only Twitter? Fine.)
Twitter / jeenijoyce: I’ve just taken the WordPr
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