Several forum members have suggested that the Pedia's move to a Subscription Model or Crowd Funding Model.
Crowd Funding Model
There are four common types of crowdfunding, these are:
- rewards-based;
- equity-based;
- debt-based; and.
- donation-based.
I do not think the "Crowd Funding" model is appropriate in this case and besides it can become complicated.
Subscription Model
Subscription based apps justify the recurring payment by providing ongoing value and user experience whilst continually encouraging the developer to maintain and innovate their apps, all the while continually rewarding the developer for their knowledge, innovation, creativity and time.
So what does this mean financially?
The present payment model which Conor uses is a ONE off payment in the Apple App Store. Apple charges a 30% fee for each download. There is bundle pricing. For small developers like Conor & Nora this is a huge chunk of their hard earned dollar.
However, Apple has a Subscription Service for which during a subscriber’s first year of service, (that is you & me), the developer will receive 70% of the subscription price at each billing cycle, minus applicable taxes. After a subscriber accumulates one year of paid service, the developers net revenue increases to 85% of the subscription price, minus applicable taxes.
For the Pedia's Conor could use the Free download with a 20 item database limit and possibly a time limit as well. Then go into the Subscription mode using your Apple Account Subscription service which would also fully unlock the Pedia. He could also do bundle Subscription deals as well. Remember there are six pedia's.
So, IMO, this incentivises the developer to continue to support and develop their products.
My vote is for the "Subscription" based model and is a big YES
Please can we have forum members thoughts and votes on this.