November 10, 2006
Influx Insights: Influx has written in the past about variable pricing models and how these might one day become a key component of business, we have now found an interesting example in a new music site called Amie Street.
This independent music site uses demand-driven pricing; where the community dictates the pricing of the tracks. All tracks start out at zero and can rise to 98 cents depending on sales.
The site encourages community members of recommend and find music and gives back 70% of the proceeds to artists after the first $5 in sales.
Amie Street have some smart technology that prevents artificial inflation, but openly encourage musicians to mobilize their fan bases to use the site and buy the tracks.
Demand driven pricing models [Influx Insights]
By Marcel Sim @ 12:56 AM | E-commerce | Comments (0) | Article Link
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