31–40 of 91 posts
Unless somebody actually gives you their credit card, what they say they will pay for is largely an imaginary game
(sorry if this comes out too negative)
I'd pay $5-ish per month for social media if it came with no ads or data harvesting - just a more privately scoped version of Facebook with some of the useful bits like event scheduling and discussion groups. Of course the problem is getting non-technical people to value their attention and privacy at more than $5/month in order to catalyse the network effects.
How can a user confirm by himself that the company does not monetize the user data, without whistleblower news Privacy in social media is a feature that is bound to self-discipline of the service provider
A company could provide terms of service and perhaps an explicit creative works agreement defining the exact uses for which the company will use the data (to display on the website, to comply with legal requirements, etc).
It would still ultimately rely on a whistleblower or voluntary auditing, but the combination of clear damages and a not-open-ended terms of use would keep the company lawyers invested in keeping the company honest perhaps.
The problem with questions like these: There is a difference between what people say they will pay for, vs what they actually pay for; as many failed startups found to their chagrin. Unless somebody actually gives you their credit card, what they say they will pay for is largely an imaginary game (sorry if this comes out too negative)
My wife started a business largely on the support of friends, family and strangers she talked to who said it was a good idea.
Imagine her surprise when literally noone was interested when it came time to buy what she was selling.
Read The Mom Test
I have no affiliation, it's just a great short read that will answer your questions.
What would you pay for? Every really successful software business I know came from somebody solving one of his or her own problems.
Don't focus on price. Don't focus on other people's ideas. The word "need" is overloaded; too many people will tell you the solution they think they need and not the emotional need itself that is not being met by a solution. Instead, try to understand how other people are suffering, and only then try to come up with ideas for how to alleviate their suffering.
I run a successful SaaS and while we have 2 engineers including myself, sometimes there are issues that are outside of my skill level (usually devops or db-related) or just aren't worth it for me to deal with on my own. I would likely pay 3 figures a month (maybe low 4?) just to have the privilege to field technical questions a couple times per month and ensure I can get good advice/help quickly. It's not that I don'…