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Forget ‘Freemium’ Aim for ‘Stay & Pay’

Forget ‘Freemium’ Aim for ‘Stay & Pay’
May 6, 2014 · 39m 31s

Everyone loves free stuff. But once you’ve given your product away for free, you’ve just valued it at zero. People clamor to get free stuff like it is the most...

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Everyone loves free stuff. But once you’ve given your product away for free, you’ve just valued it at zero. People clamor to get free stuff like it is the most valuable thing ever, but once they’ve gotten it for free, they will almost never pay for it, because what they really value is the feeling of having ‘won’ something or gotten ‘something for nothing.’ The ‘freemium’ model of giving away your product today in the hopes to earn dollars from them tomorrow has created a lot of problems that aren’t easily solved. So how do you get the right people to try your product so you can convert them to long term, loyal and PROFITABLE customers?
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Author The Unapologetic Capitalist
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