Comments on: The Micropayments Are Coming http://madebymany.co.uk/the-micropayments-are-coming-002033 Made by Many creates very social digital stuff. Tue, 09 Mar 2010 13:25:06 +0000 http://wordpress.org/?v=2.8.4 hourly 1 By: Footprints (22.06.09) | Chris Deary http://madebymany.co.uk/the-micropayments-are-coming-002033#comment-1869 Footprints (22.06.09) | Chris Deary Tue, 23 Jun 2009 00:09:52 +0000 http://www.madebymany.co.uk/?p=1406#comment-1869 [...] The Micropayments Are Coming [...] [...] The Micropayments Are Coming [...]

]]> By: B. Oggle http://madebymany.co.uk/the-micropayments-are-coming-002033#comment-1865 B. Oggle Mon, 22 Jun 2009 13:58:44 +0000 http://www.madebymany.co.uk/?p=1406#comment-1865 Optional micropayment models come to mind, like the one described here ("scalable donation") http://www.thruflo.com/2009/06/09/tav-describes-pecus.html Optional micropayment models come to mind, like the one described here (”scalable donation”) http://www.thruflo.com/2009/06/09/tav-describes-pecus.html

]]> By: Robin Grant, We Are Social http://madebymany.co.uk/the-micropayments-are-coming-002033#comment-1868 Robin Grant, We Are Social Mon, 22 Jun 2009 13:11:05 +0000 http://www.madebymany.co.uk/?p=1406#comment-1868 Hey Tim I'd disagree - the answer is almost certainly that there isn't an answer. As you said, it’s not clear how news media in particular will be able to remain in business... Hey Tim

I’d disagree – the answer is almost certainly that there isn’t an answer. As you said, it’s not clear how news media in particular will be able to remain in business…

]]> By: nick http://madebymany.co.uk/the-micropayments-are-coming-002033#comment-1867 nick Mon, 22 Jun 2009 12:40:13 +0000 http://www.madebymany.co.uk/?p=1406#comment-1867 Interesting ideas. I see the logic behind what you're saying but not necessarily the economic argument. iTunes (for example) works because the unit cost of the music is sufficient to make the sale by micropayment financially viable. With the average cost of a daily newspaper less than that of a single track from iTunes the charge for accessing a single story would have to be miniscule rather than micro otherwise people would just start buying papers again. The alternative would be to pay a subscription up front, say £20, and then each time a story is accessed a penny is deducted. The problem with this is that whereas I might subscribe to iTunes safe in the knowledge that there will almost certainly continue to be music that I wish to download I would need convincing that there will be sufficient subscriber only stories on the website in future weeks to make my investment worthwhile. Just a thought... Interesting ideas. I see the logic behind what you’re saying but not necessarily the economic argument. iTunes (for example) works because the unit cost of the music is sufficient to make the sale by micropayment financially viable. With the average cost of a daily newspaper less than that of a single track from iTunes the charge for accessing a single story would have to be miniscule rather than micro otherwise people would just start buying papers again. The alternative would be to pay a subscription up front, say £20, and then each time a story is accessed a penny is deducted. The problem with this is that whereas I might subscribe to iTunes safe in the knowledge that there will almost certainly continue to be music that I wish to download I would need convincing that there will be sufficient subscriber only stories on the website in future weeks to make my investment worthwhile. Just a thought…

]]> By: Griffin Farley http://madebymany.co.uk/the-micropayments-are-coming-002033#comment-1866 Griffin Farley Mon, 22 Jun 2009 11:13:54 +0000 http://www.madebymany.co.uk/?p=1406#comment-1866 Thanks making this post. I was working on this subject this week for a new client and this post will help me out! Thanks making this post. I was working on this subject this week for a new client and this post will help me out!

]]>