I’ve been practically yelling at online friends “Don’t do it” if they suggested they wanted to try out the Pay What You Want model. I’ve heard so many disappointing stories about it, of people who hardly made any money, felt seriously undervalued, or both. Then I read this blogpost by Tom Morkes. He made me curious…
So I got thinking. My next free e-course will start on January 3. It will be free for the last time. And think I might change it from free into the Pay What You Want version. The timing is too short to follow up on all Tom Morkes tips, but I’d like to set it up for success anyhow. Here are some of the things I’m wondering about:
1) Will I ask people to pay when they sign up, or afterwards?
2) Shall I suggest an amount, or leave it up to everybody to decide for themselves?
3) What works in the Pay What You Want model?
4) What doesn’t work.
I’m very interested to hear your experiences with this model. Either as somebody who used it to get paid, or as somebody who’s been a client and paid for something this way. What do you think?
In the meanwhile, I’m considering to buy Tom Morkes guide to work with this model. There’s something about the amount of information he shares for free that makes me willing to pay. Looks like the man really knows what he’s doing with this model 😉