When you say that the first 3 months 'didn't work out well' does that mean that you made a loss, or that you didn't make enough to justify the time that you spend putting the magazine together?
I would assume that your costs are your time plus the incremental transaction costs charged by the middle-man. Perhaps I am missing something?
(I can't work out, in my own mind, how selling a magazine online, to this community, with a $10 cover price can not 'work out well' enough to be in the black - esp. considering the response to the first issues. Perhaps some insight is in order - as I think it might be a learning experience for all , ie. what was your conversion rate? What are your costs?
This would be an interesting HN community case study).
Comments
When you say that the first 3 months 'didn't work out well' does that mean that you made a loss, or that you didn't make enough to justify the time that you spend putting the magazine together?
I would assume that your costs are your time plus the incremental transaction costs charged by the middle-man. Perhaps I am missing something?
(I can't work out, in my own mind, how selling a magazine online, to this community, with a $10 cover price can not 'work out well' enough to be in the black - esp. considering the response to the first issues. Perhaps some insight is in order - as I think it might be a learning experience for all , ie. what was your conversion rate? What are your costs?
This would be an interesting HN community case study).