Re:Now Can We All Agree That The "High Quality Web Content" ...
by protomyth on Thursday September 01, 2011 @05:54PM
(#2951963)
I would actually submit that their has been no true micro-payments service other than some credit systems (e.g. XBox Marketplace). Is there a place to sell documents, audio, or video for 5 to 10 cents a piece and getting 60 - 80%? I believe the paper from 2003 is not a predictor of what would happen in Amazon or Apple would have such a system. Both have excellent UI and easy process in buying higher priced media.
Re:Now Can We All Agree That The "High Quality Web Content" ...
by william42 on Sunday September 04, 2011 @01:50AM
(#2958894)
UI isn't the problem. The problem is that free is significantly more attractive than even $0.01 and always will be; this has been shown through studies such as this:
http://citeseerx.ist.psu.edu/viewdoc/download?doi=10.1.1.164...
The closest thing to micropayments that has had any success whatsoever have been pay-what-you-want like Radiohead's In Rainbows and the Humble Indie Bundles and even there they get most of their money from the small segment that pays a lot, effectively as a form of donation that subsidizes the people who wish to only pay $0.01(or in Radiohead's case $0)
I have come to my conclusion in 2011 the same way Clay Shirky did in 2003: the trails of dead micropayment services.