Comments on: The Price Is Right but the Process is Wrong http://www.leveragingideas.com/2008/07/14/monetization-price-points-startups/ Ideation on economics, media, venture capital and startups Mon, 06 Sep 2010 23:35:19 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: WebDealsDirect http://www.leveragingideas.com/2008/07/14/monetization-price-points-startups/comment-page-1/#comment-87648 WebDealsDirect Thu, 30 Oct 2008 05:38:06 +0000 http://www.leveragingideas.com/2008/07/14/821/#comment-87648 I agree, in order to make the sale sometimes it has to be too easy. As simple as Point, Click, Pay. Often times there is a ton of information cluttering the payment page or it is hard to find. Often times a consumer will only signup if the payment page is available as soon as he/she decides to make the purchase. Any time in between can cause a customer to re-think their purchase and result in the loss of a sale. I agree, in order to make the sale sometimes it has to be too easy. As simple as Point, Click, Pay. Often times there is a ton of information cluttering the payment page or it is hard to find. Often times a consumer will only signup if the payment page is available as soon as he/she decides to make the purchase. Any time in between can cause a customer to re-think their purchase and result in the loss of a sale.

]]> By: WebDealsDirect http://www.leveragingideas.com/2008/07/14/monetization-price-points-startups/comment-page-1/#comment-70179 WebDealsDirect Thu, 30 Oct 2008 01:38:06 +0000 http://www.leveragingideas.com/2008/07/14/821/#comment-70179 I agree, in order to make the sale sometimes it has to be too easy. As simple as Point, Click, Pay. Often times there is a ton of information cluttering the payment page or it is hard to find. Often times a consumer will only signup if the payment page is available as soon as he/she decides to make the purchase. Any time in between can cause a customer to re-think their purchase and result in the loss of a sale. I agree, in order to make the sale sometimes it has to be too easy. As simple as Point, Click, Pay. Often times there is a ton of information cluttering the payment page or it is hard to find. Often times a consumer will only signup if the payment page is available as soon as he/she decides to make the purchase. Any time in between can cause a customer to re-think their purchase and result in the loss of a sale.

]]> By: Anthony http://www.leveragingideas.com/2008/07/14/monetization-price-points-startups/comment-page-1/#comment-70178 Anthony Mon, 11 Aug 2008 09:51:29 +0000 http://www.leveragingideas.com/2008/07/14/821/#comment-70178 A Universal Payment system is what is needed. One account per person, that services EVERYTHING. A single password with some great security techniques...<br><br>Oh, and a decent review system thats based on real users... so we get a TRUE balanced point of view of a product.<br><br>There are answers... but first the big guys must band together, instead of trying to beat each other...<br><br>Open ID?<br><br>A.<br><a href="http://i-Phone-Store.com" rel="nofollow">i-Phone-Store.com</a> A Universal Payment system is what is needed. One account per person, that services EVERYTHING. A single password with some great security techniques…

Oh, and a decent review system thats based on real users… so we get a TRUE balanced point of view of a product.

There are answers… but first the big guys must band together, instead of trying to beat each other…

Open ID?

A.
i-Phone-Store.com

]]> By: Selene http://www.leveragingideas.com/2008/07/14/monetization-price-points-startups/comment-page-1/#comment-70177 Selene Mon, 21 Jul 2008 21:38:46 +0000 http://www.leveragingideas.com/2008/07/14/821/#comment-70177 Very interesting reference to Glengarry Glen Ross. I love that movie. The reluctance to pay online reminds me of the similar problem of using credit card to pay at vending machines. However, that seems to be more of a security issue than an inconvenience issue. Very interesting reference to Glengarry Glen Ross. I love that movie. The reluctance to pay online reminds me of the similar problem of using credit card to pay at vending machines. However, that seems to be more of a security issue than an inconvenience issue.

]]> By: Dr. Wright http://www.leveragingideas.com/2008/07/14/monetization-price-points-startups/comment-page-1/#comment-70176 Dr. Wright Tue, 15 Jul 2008 07:15:42 +0000 http://www.leveragingideas.com/2008/07/14/821/#comment-70176 When people do not want to buy, you are talking to the wrong group of people.<br><br>Dr Wright <br>The Wright Place TV Show<br><a href="http://www.wrightplacetv.com" rel="nofollow">www.wrightplacetv.com</a><br><a href="http://www.twitter.com/drwright1" rel="nofollow">www.twitter.com/drwright1</a> When people do not want to buy, you are talking to the wrong group of people.

Dr Wright
The Wright Place TV Show
http://www.wrightplacetv.com
http://www.twitter.com/drwright1

]]> By: Sam Huleatt http://www.leveragingideas.com/2008/07/14/monetization-price-points-startups/comment-page-1/#comment-70175 Sam Huleatt Mon, 14 Jul 2008 21:34:06 +0000 http://www.leveragingideas.com/2008/07/14/821/#comment-70175 Thanks for the comments Alex! Yes there lots of products but if a <br>product makes or saves you time or money (which many do) then there is <br>no reason people shouldn't pay for them.<br><br>It may also be that people are simply less trusting of the claims made <br>by virtual products... Thanks for the comments Alex! Yes there lots of products but if a
product makes or saves you time or money (which many do) then there is
no reason people shouldn't pay for them.

It may also be that people are simply less trusting of the claims made
by virtual products…

]]> By: Alex the Freelance Twin http://www.leveragingideas.com/2008/07/14/monetization-price-points-startups/comment-page-1/#comment-70174 Alex the Freelance Twin Mon, 14 Jul 2008 21:22:33 +0000 http://www.leveragingideas.com/2008/07/14/821/#comment-70174 Very interesting post you have here. I think another reason it's harder to monetize web2.0 is because there's so much going on it would be easy to break the bank quickly. Of course product demos would remedy that situation. Another thing is, lots of these people are young and just don't have the money to pay to use things online.<br><br>But now you've got me thinking on how to easily monetize web2.0 apps :p Very interesting post you have here. I think another reason it's harder to monetize web2.0 is because there's so much going on it would be easy to break the bank quickly. Of course product demos would remedy that situation. Another thing is, lots of these people are young and just don't have the money to pay to use things online.

But now you've got me thinking on how to easily monetize web2.0 apps :p

]]>