Earlier quoted context omitted.
Subscriptions are immoral, but not for those reasons. It's an immoral business model because its success is based on bilking people -- cheating them into paying for 'service' when they don't want to. The mechanism is simple: the slight inconvenience of cancellation prevents a huge number of users from cancelling as soon as they want to. This is why getting your customers to set up automated and recurring payments is…
> Try putting a confirmation screen in your app that makes the user press "Renew" each month before the app charges them again. That would move you toward the moral end of the spectrum, but it would gut your sales. I like this experiment. If I had to bet, I think you're right that it would reduce revenue. OTOH, to be fair, try this approach in the old-fashioned model... take the standard (large) transaction up front,…
I wonder if a service could actually function based on this idea. Sure, eventually all the initial money would be refunded but while you had it you profited by investing it in a fractional-reserve manner.