Ragingbull.com to pay $2.4M for bogus earnings claims, subscription charges

Re:Ragingbull.com to pay $2.4M for bogus earnings claims, su... by ocdtrekkie on Thursday March 10, 2022 @10:15PM (#30635702)

> You constantly have to convince previous customers to repurchase.

This is a good thing. It forces businesses to earn their revenue, not just rent seek.

> I think in the end the user probably gets a better deal as well since the software ends up being much better and they always have the latest features.

Completely disagree. Rent-seekers have no reason to improve their products because their users have to pay even if they do nothing.

[ Parent | on HN ]

Re:Ragingbull.com to pay $2.4M for bogus earnings claims, su... by Gigachad on Thursday March 10, 2022 @10:59PM (#30635997)

You can't just sit around doing nothing and expect to keep customers. Competitors will catch up and beat your offering.

What subscriptions mean is more money spent on development and customer support, less money spent on advertising and sales teams. Because the real money is in continually making the customer feel they are getting good value.

[ Parent | on HN ]

Re:Ragingbull.com to pay $2.4M for bogus earnings claims, su... by ocdtrekkie on Thursday March 10, 2022 @11:06PM (#30636037)

I can't say this is true of any subscription I have ever had.

[ Parent | on HN ]