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The Tip Jar as Revenue Model: A Real-World Experiment
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Greg Stephens
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Joined: 14 Apr 2001
Posts: 3861
Location: Los Angeles, California, USA

PostPosted: Mon May 05, 2003 4:17 pm    Post subject: The Tip Jar as Revenue Model: A Real-World Experiment Reply with quote

Read all about it:

http://www.kuro5hin.org/story/2003/4/27/195833/305

Excerpt:
Quote:

It's been three months since I posted my novel online for the world to read for free, with a tip jar as compensation medium. I think we have enough data now to tell how well it might work for other artists.
...
As I write this I have received about $760 in tips from 85 people. Thanks guys!

About half of the tip money came from the initial introduction, indicating either that K5'ers are extraordinarily generous or that I was getting extra bonus points for my other work here. K5 also generated my largest tips, three of $20, a $30, and one of $45. (Did I mention that some people seem to like the book a lot?)

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websafe
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Joined: 05 May 2003
Posts: 5

PostPosted: Thu May 08, 2003 9:55 pm    Post subject: Tip-jar concept Reply with quote

OK, $760 in three months. That's $253.33 per month. Much, MUCH better than nothing -- but still ... deep sigh.
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DON the IDEA GUY
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Joined: 26 Jan 2004
Posts: 17
Location: Columbus, OH

PostPosted: Fri Feb 13, 2004 12:10 pm    Post subject: What is content worth? Reply with quote

The easy answer to this question is 'whatever someone is willing to pay for it' -- and nowhere is this more accurate than when using a tip jar or donation-based payment structure for content.

There's a great article this week in the ClickZ newsletter about just this subject. I've linked to the 'print-page' version below, as their links tend to stay active the longest.

Read a little, learn a little, and let's discuss it...
When People Pay What They Think Content Is Worth.
http://www.clickz.com/design/freefee/print.php/3310761

~DON!
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William G
Reinvents understanding


Joined: 15 Jan 2003
Posts: 560
Location: South central...Korea. Word.

PostPosted: Sat Feb 14, 2004 1:52 pm    Post subject: Reply with quote

So, what counts as the "Tip jar"? Pay Pal?
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Greg Stephens
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Joined: 14 Apr 2001
Posts: 3861
Location: Los Angeles, California, USA

PostPosted: Sat Feb 14, 2004 2:08 pm    Post subject: Reply with quote

Yeah- So far we've seen tip-jars manifesting themselves as PayPal, the Amazon Honor System and, now, BitPass.
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