As I was reading the Economist today. It struck me why I don't have a subscription anymore. I don't want to deal with the paper (it sucks — I can't search it and it clutters up my home). I also don't want just the website. It isn't enough. It seems shallow. I want a full copy of the website on my desktop. Full searchable archives for all the issues I get while I am subscribed. A full list of all issues, by date that I can click on and explore. I want to take it on the road with me. Nothing less will do.
How much is that worth to the Economist? Say 300,000 feel like I do. They think the Economist is one of the essential resources of intellectual life. If the Economist charged $10 a month for that, I would subscribe. Value, with virtually no change (in fact a reduction in their site costs) in their architecture = $36 m a year. Enough for them to sit up and take notice? Yes. I bet they aren't making any money from their online site, probably even losing money. This alternative is almost pure profit. Just a thought.
Radio could make this easy…. [John Robb's Radio Weblog]