Mastermind.fm

Welcome to Episode 10 of Mastermind.fm! This week our intrepid masterminds Jean and James continue the series on business models for WordPress that began in Episode 8. This is part 3 of 4, so look for them to wrap this one up next week. Episode 8 began this series with talk of free and premium business models. Episode 9 continued the conversation looking at the freemium model and productized services. This week we focus on a larger variety of models including monetizing through support alone, the Addon Model, the Addon Marketplace, addon development for core products other than your own, and the pure Marketplace model.  A brief rundown: Business Models for WordPress Products Part 3 Paid support for a free core product and plugins Examples: Paid Memberships Pro Issue of note for this model: support usually is required mostly in beginning stages, but as customers become familiar with the product they tend to stop paying Also user perspective is frequently that the product is buggy and they are resistan