Online Business Models
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Online Business Models
Web-Based Business Strategies and Monetization Models
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Micro-Entrepreneurs' Herald a New Frontier of Economic Sustainability

Micro-Entrepreneurs' Herald a New Frontier of Economic Sustainability | Online Business Models | Scoop.it

Robin Good: If you, like me, are a small online entrepreneur-publisher, not after venture capital, but interested in building a high-value information service that can effectively help people solve a problem out of your own expertise, know-how and passions, this article is a definite must-read.


Jamie Wong writes: "...the discontented worker leaves behind the “security” of a corporate job in favor of his or her passions--is a new and growing behavior in post-industrial countries, particularly in the United States, Europe, and Australia.


The media has named the growing trend toward micro-entrepreneurship “the Rise of the Creative Class," “the Gig Life," or "the freelance economy.”


...


...there’s one stark difference between micro-entrepreneurs today and the “Free Agent Nation” citizens of the late '90s: technology."


...


This new freedom economy is working because it’s good for economic growth, and it’s growing because it can lead to better lives.


But this technological revolution that enables greater autonomy and flexibility will also require a humane infrastructure to survive. (The article details which ones specifically).


...


"New companies that empower individuals to become micro-entrepreneurs not only stimulate the economy by creating new revenue streams and disrupting outdated models of business, but provide individuals access to more fulfilling, rewarding, and authentic lives."


Excellent read for individuals wanting to build a truly valuable service online to help others while creating their own sustainability.


Highly recommended. 9/10 


Full article: http://www.fastcoexist.com/1679903/the-rise-of-the-micro-entrepreneurship-economy 

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App Pricing: What Works Best?

App Pricing: What Works Best? | Online Business Models | Scoop.it

Tom Krazit reports at PaidContent: "In an insanely crowded mobile apps marketplace, pricing is one of the ways to stand out from the competition: for better or worse. Distimo shared some data Thursday on app-pricing strategies as well as the old-fashioned retail concept of the sale."


The report entitled "The impact of app discounts and the impact of being a featured app" has indeed some useful information that can help you understand a what price level to offer your iPhone/iPad/Android app.


Download the report here: http://www.distimo.com/publications/ 


"Those who have erred on the high side and aren’t getting the response they would like should consider a sale: in Apple’s App Store average revenue rose 41 percent on the first day of a sale and by 22 percent over the course of 15 days, Distimo said in a new report on app pricing."


"...steep(er) cuts paid off: “For example, offering a discount of one dollar on an application that normally costs $7.99, lowers the revenue, whereas offering a discount of three dollars on average increased the revenue by 131 percent,”...

 

Original source: http://paidcontent.org/article/419-distimo-when-its-time-for-a-mobile-app-sale-choose-your-price-wisely/ 


(Curated by Robin Good)

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