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Posts | 3815 |
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Alias Born | 03/13/2017 |
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Wednesday, April 12, 2017 3:26:49 PM
"Our model is building addicts—as many as we can"
That quote belongs to the CEO of HBO on why giving away free product is good business (in his case encouraging users to share their passwords)
Average paying customer spends well over $100. A relatively low conversion rate covers all the costs of the promotion on the same day. They certainly ran the math prior to extending the offer to the general public.
Silly people getting into investing without the slightest understanding of the business world
The website being down is obviously never good, but an overwhelming interest is absolutely never bad.
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