Skip to content

Comment on Tell HN: The 4-Hour (Profitable) Startup - How I Did Itparent

Comments

Flat pricing is predictable and transferred immediately. Your scheme would involve refunds or delayed payment. Sounds risky for questionable benefit.

I think we could rule out refunds and go with the Groupon model of delayed payment. And what's the risk in that? Collect the payment information (credit card or paypal) and hit them with the charge when the shindig is up and you know the final costs. I'm not seeing the risks.

I didn't know about the PayPal delay payment, so this is even better (more plausible).

I was actually thinking about giving a credit (charge $14 originally, final cost is $12, earn a $2 credit) which can be used for the next purchase. i.e. retention.

He doesn't have any server side code running. He used PayPal for payments. The scheme seems more plausible to me now, but it would definitely take more work.

AboutSource Built by g1lg1l

Hackerly is an independent reader for Hacker News, built on the public HN API. Not affiliated with Y Combinator.