- Joined
- May 30, 2011
- Messages
- 387
Rep Bank
$955
$955
User Power: 66%
edit: The title is supposed to say "Income Model Question - Free Access /ads vs. Paid Access"
I noticed someone created an application on excel and is selling it on clickbank for $50.
I also noticed that I can't find anyone else making the same kind of application. I realized that I could make one myself that's web based instead.
Obviously I want to make mine better, basically EPIC.
My question was if I should allow people to use the application for free and earn income from advertising for other people or if I should charge people by subscription or a one time fee.
I suppose I can leave the app free and use advertising cashflow to build something else for the same market by paying a professional programmer.
Here goes the checklist:
The need's there
Barrier to entry is paying someone to make the web app or doing it myself.
I have all the control
Someone in Afganistan with a dial up connection can use it
I can play video games and still be earning cashflow so there's freedom from time
I've already started building the application. Actually the first version is about 25% finished.
Thanks for the input everyone
I noticed someone created an application on excel and is selling it on clickbank for $50.
I also noticed that I can't find anyone else making the same kind of application. I realized that I could make one myself that's web based instead.
Obviously I want to make mine better, basically EPIC.
My question was if I should allow people to use the application for free and earn income from advertising for other people or if I should charge people by subscription or a one time fee.
I suppose I can leave the app free and use advertising cashflow to build something else for the same market by paying a professional programmer.
Here goes the checklist:
The need's there
Barrier to entry is paying someone to make the web app or doing it myself.
I have all the control
Someone in Afganistan with a dial up connection can use it
I can play video games and still be earning cashflow so there's freedom from time
I've already started building the application. Actually the first version is about 25% finished.
Thanks for the input everyone
Dislike ads? Become a Fastlane member:
Subscribe today and surround yourself with winners and millionaire mentors, not those broke friends who only want to drink beer and play video games. :-)
Access Restricted: Unlock 1,000,000+ Posts
Stop Peeking Through the Keyhole.
Open the Door.
You hit a wall because the best advice isn't free—it's earned. Since 2007, MJ DeMarco has been active here daily (99.9% active rate), building a war room for entrepreneurs who refuse to settle for mediocrity.
- Active Daily: Life-changing content posted dozens of times every day. No dead threads.
- MJ's Inner Circle: Direct access to the author of The Millionaire Fastlane.
- Vetted Network: Connect with founders scaling to 7 and 8 figures.
- Proven Roadmaps: Strategy over motivation. Execution over "hustle porn."
"SCALED TO 6-FIGURE MONTHS"
"Tips and advice here saved me from huge mistakes, others allowed me to scale my business to 6-figure months."— User MitchC
"INSANE QUALITY OF PEOPLE"
"The number of high quality people I've met from this forum has been insane. All of it predicated on building real value."— User Richard Peck
"You are the average of the five people you surround yourself with."
Are you surrounding yourself with success?
