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Mark Grabe's avatar

A couple of thoughts. I think of Substack in a cost/benefit way. The company sets a minimum cost and users then have to make a decision regarding whether the benefit necessary for a subscription is reached. I assume there are some “business” decisions that go into this approach but beyond a certain minimum I doubt that the real cost amounts to $60. I would prefer a lower fee - say $20 - and then content creators deciding what they thought their content was worth above this amount. As I have said multiple times before, I equate the present minimum fee with 4 Kindle or Apple Books and just don’t find enough value in Substack subscriptions at that rate. I also like the “all you can eat” model of Medium. Again, I can find useful content via a combination of search and following specific writers and this approach lets me pick and choose what I want to read. I would pay double the current subscription rate from Medium before I would consider investing more in Substack. I have thoughts about how subscription services price out certain categories of readers. I have focused much of what I have written online on k12 educators going back to my original interest in offering more current content to profs and their students who made use of my textbooks. I am not in the textbook game anymore, but I am still interested in that group and find very few making use of Substack or Medium. I would think the $50 subscription for Medium would be in their price range, but very few of them consume content from this source. How such decisions are made is a puzzle I would like to understand.

David Perlmutter's avatar

You can't put all your eggs in one basket, so I'm live across the web and will stay that way.

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