Tuesday, February 13, 2007

If my web-service is free, will people think it has value?

Another question from Linked-In that needs a thought:

I developed a web-based application for organizing and storing ideas called ManageMyIdeas.com. Currently, I don't charge people to use it, but I don't want people to think it has no value. Should I charge a monthly fee, so that the users associate more value with the product? I spoke with another web-entrepreneur who said that his service didn't "take-off" until he started charging more for his service. It took a long time to develop my service and it rivals anything else avaliable, but I feel that more people will use it if it's free. Any advice? [Brent P.]

Well, the idea in itself is worth tinkering about. Everyone has ideas, I've got tons of them. The problem with ideas is that they always seem to fade away and be coined by someone else before you get round to working them out.
Date & Timestamping, registration, copywriting ideas would come in very handy. I'd say, there's potential.

As for being believable if you ask no charges, that's a whole different ballgame.

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