Re:Beware of Freeconomics
by mdemare on Tuesday February 26, 2008 @09:02PM
(#124426)
What interests me is the cause of freeconomics. People easily pay lots of money on all kinds of stuff, but are extremely hesitant to buy anything on the web.
My gmail account is worth at least hundreds of dollars to me, but I pay nothing for it. $25 per year seems entirely reasonable considering the value it offers, but if Google charged money, nearly all users would flee.
Why are people so reluctant to spend money on the web?
Re:Beware of Freeconomics
by lasthemy on Tuesday February 26, 2008 @09:31PM
(#124442)
Because there are so many companies willing to provide comparable service that supply is nearly infinite. That offsets any feeling of what it's actually worth in productivity.
My gmail account is worth at least hundreds of dollars to me, but I pay nothing for it. $25 per year seems entirely reasonable considering the value it offers, but if Google charged money, nearly all users would flee.
Why are people so reluctant to spend money on the web?