AUTHOR: Matt Dickman
TITLE: Can you make a profit $1 at a time?
DATE: 1/25/2006 12:45:00 AM
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BODY:
Apple has proved that the micropayment business model is successful and more and more businesses are moving in that direction. iStockPhoto
is another example of a business model which has shifted from the old, more common astronomical (read unafordable) methods and is winning new customers from industry giants like Getty.
This micropayment trend is only going to intensify once more and more mobile devices join and overtake the desktop in surfing usage. Is your business applicable to this model? If it is, are you already putting plans in place to make sure you're not left by the roadside?
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