http://www.lifesbook.com
WHAT THE SITE DOES
LifesBook is a private online diary (or journal) that works much the same way twitter works (in terms of SMS and hopefully user frequency of posts).
To make an entry all you need to do is send in an SMS, make as many entries as you like whenever you like! If you start to get lazy with your entries (like you would with a normal diary) don't worry we can kindly remind you.
THE BUSINESS
So I think this is the kind of app that a few months ago you would see with no business model apart from ads, basically fuck that. I have gone for the typical subscription based approach set at $9.99 per month for now, I hope to get this cost down and I will be able to when I get a bit of the economies of scale loving.
I aim to and hope that I have created such a good product that $9.99 seems like great value. As you would expect after a user has been using the site for a few months the data (their entires) we store for them becomes really quiet valuable to the user. This makes me want to extend the trial period from the current week to as long as possible (eg 3 months) but SMS costs are just to crazy to be able to do that right now.
What do you think about this business model and approach?? Its an app that I think allot of people would use if free but how can i make that financially viable? I don't think I can so thats why iv done what iv done.
FEW MORE THINGS
Due to the SMS cost I currently only have a UK number available, this may mean it will cost a user outside of the UK more to send a text in. I am not to sure. But either way I plan to add a US number as soon as its financially viable, I am guessing thats within the month.
Search has just died on us in production, its a hosting issue and we are on to it.. Decided to release anyways. Meh
FEEDBACK
I want as much feedback as possible and not just on the app I also want feedback on the business behind it.