I think one really elegant part of this completion base pricing model is that, to day, already people are paying huge premiums for accountability in courses. That's why synchrenes courses are priced so much higher than a sinchrenes course because effectively the content is likely the same. So i love this model. And there's actually a pretty good example of how this may work. There's a crypto project that blew up relatively recently, but it's a game where people play, and as they play,. you can earn some of the currency within the game by playing more and achieving things. It just seems like one if the nascent stages of that being done at scale - phidio
In this episode, Cal and Steph discuss the subjective nature of pricing. They explore how a value extends beyond utility or the physical nature of an asset (think luxury items, NFTs, etc) and use these ideas to explore new pricing models, including tiered, retention-based, and completion-based pricing.
They also explore how our own psychology can inhibit use as consumers to spend on what's most meaningful and the importance of unlearning certain spending habits.
If you find the psychology of money as fascinating as we do, give this episode a listen.
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