Poll: Best Revenue Model Focus For Our Startup
We're having internal debates at Ramamia about which business model we should focus on. We could do both, but we're a small team + not a ton of funding and want to be focused, not divided.<p>Advertising: Pros: We'll have a valuable segment in the family market. If we can target correctly, it could be enticing to advertisers.<p>Cons: We'll need a lot of scale to start seeing significant revenue from ads. At first we'll have to go through an ad network, which will eat even more of the margins. We're also not familiar at all with the advertising model.<p>Subscription Model / Premium Accounts<p>Pros: We're heavily leaning towards this. We've had users suggest to us features they would pay for. It's also a steady stream that can have a valid proof of concept without scale to hundreds of thousands of families ie- We can have somewhat stable conversion numbers, what they would pay for, and what they would pay. 2/3 of the team has prior experience with freemium/subscription biz models.<p>Cons: Converting users can be hard. It's also not straight forward. If we develop the wrong features for a freemium account + mess up pricing, it could go either way. Lots more trial and error.