If you have not read that Harvard Business Review Blog post, it offers a summary of some of the ideas behind FairPay, and how they fit into a flexible architecture for better pricing that moves the exchange between seller and buyer from the transactional to the relational. We hope you will comment on that HBR post, and let us know what you think.
Marco and I are collaborating on a longer article that explores the principles of this architecture more fully. Marco is Assistant Professor of Marketing at London Business School, a prolific author in HBR and other leading business and academic journals, and has been working for some time on many of the strategies that FairPay builds on. (More background on Marco and his work.) My background is as a practitioner in online media and e-commerce, and the technologies that drive that. Our collaboration has been very rewarding, and we are very pleased that this HBR Blog post will bring these ideas to more people.
To dig deeper on FairPay:
--Details on the FairPay Web site.
--Video and slide introduction.
--Process overview and diagrams.
--Blog Posts: This FairPayZone blog explores FairPay at various levels and in various business use cases. The following posts may be especially helpful to HBR readers:
Strategy and behavioral economics methods
- Turning the Invisible Hand to Create Shared Value -- The FairPay Strategy
- Thinking Fast and Slow about FairPay: A New Psychology for Commerce in a Networked Age
- Guiding FairPay Pricing for Control and Predictability
- FairPay Process Dynamics -- a Big Picture Diagram
- Cutting the Gordian Knot of Price Setting: FairPay, Pay Walls, Hurdles, and Simplicity
Journalism and similar content businesses
Posts address other businesses, including music, video, books, games, and software apps, as well as related experience with pay what you want pricing. (Try the search box.)
I offer free consultation to those interested in evaluating and applying FairPay, and am happy to address questions. Please contact me at fairpay [at] teleshuttle [dot] com.