I'm in the process of building a Rails app (http://progrss.me), and have been putting some thought into
different revenue models to (at least) cover the running costs.
One alternative that I'm considering is using a "pay what you want" model with different tiers (including $0).
The amount you choose to pay will have no effect on your account, but I'm thinking of having something
resembling a Kickstarter for features.
Whenever the total contributions reach a set amount, I would implement a new predetermined feature into the service.
Hopefully, this would give the users enough of an incentive to contribute to the project and keep it running.
I would like to hear if anyone here has had any success with the pay what you want model, or if you'd recommend
other alternative revenue models instead.
One alternative that I'm considering is using a "pay what you want" model with different tiers (including $0). The amount you choose to pay will have no effect on your account, but I'm thinking of having something resembling a Kickstarter for features.
Whenever the total contributions reach a set amount, I would implement a new predetermined feature into the service. Hopefully, this would give the users enough of an incentive to contribute to the project and keep it running.
I would like to hear if anyone here has had any success with the pay what you want model, or if you'd recommend other alternative revenue models instead.