If you create a paid digital product for one-shot payments (as opposed to monthly subscription services), you can use vFunding to attract users with an unique offer to differentiate from the competition using the regular model.

It can be applied to any one-time delivery product yet since I'm a programmer it is easier for me to explain the concept with coding.

vFunding goes like this:

1) The user contacts the digital creator (programmer) exposing his idea.

2) The programmer sets a price to code it.

3) On completion, the programmer posts finished program to his online store.

4) The user gets his copy of the program + 50% profit-sharing on all sales at the online store.

Benefits:

- The user gets the program he paid for.

- The programmer gets paid for the coding hours.

- Both the programmer and the user benefit from lifetime residual income thanks to the unlimited sales possible for digital products once created.

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Extra advantages:

An user who truly believes in the program he wants can show more willingness to support its creation. Especially if he's confident it solves actual problems to deliver solutions to other willing users.

The programmer gets an increasing passive income source the more he uses vFunding with a larger pool of users.

The user can re-use funds from previous profit-sharing revenue to re-invest in new programs, creating a virtuous circle both for him and the programmer.

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Note:
Step #3 can also be divided as a group, with proportional % split according to the funding provided by each person; with a fixed percentage agreed for the programmer.

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When given the choice to buy from a regular seller without any further benefit after the download versus a seller applying vFunding who offers money-back or even a profit-making opportunity for the same dollars, which one do you think users will choose? [smiley]cxp/glasses.gif[/smiley]

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If you are a payware maker, you might want to motivate your users to choose you by becoming part of a profit-sharing endeavor with the product they believe in and are willing to fund.

Vic

Very wise words dear Sumit 

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Guys, don't worry about server move. We should have it covered gracefully.

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On my side I'm glad things are flowing towards mutual harmony with good will validating we're all showing maturity for moving this to the past where it belongs so we can build a brighter future in respect of each other.

Let's coexist in peace,
Vic

Proofreader wiped his board (hence it was removed).

Plenty of success to him in his current and future endeavors [smiley]yahoo/goodluck.gif[/smiley]

No big conspiracy theory here

There's no big conspiracy theory in what I'm going to mention. Just something that happened: We were going to do a profit-sharing venture but I got laid-off in the interim and couldn't afford to do it anymore. It doesn't mean I'm an enemy, or that I suddenly turned into a creature which came out of a horror novel . It simply means at this time I can't afford to work 100% to earn 75%. These are sensible times for me and my family, which I'm entirely certain we'll surpass. I have not a single atom of doubt the best is yet to come for us, and by extension to all of those who choose to accompany us under our BetSelection roof (and associated sites in time).

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Even when it's my personal life aspect and I would have liked to have retained privacy in what was disclosed publicly about my family and life (plus in general with all chat logs; as mostly everybody would, in all my 1-on-1 chats I did with Stef, I chatted and PM'd with him having full expectation of privacy for the messages), now it's out there and I can safely say it isn't shameful to be laid-off. So I take no offense, it can happen to anyone.

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Finally: Yes, some things just happen; they aren't pre-meditated nor backed by a big conspiracy. They just happen, and we have to do our best with what we have at hand to overcome them. That's the quid of the moving forward philosophy. The alternative to "moving forward" being "stay the same and cry forever", but it never solved anything. No matter how hard you fell, your best move is to stand up and get yourself back on track.

Vic

The always-extended helping hand

There was an "@Stef" thread published by me in Betforum. In it there was some code and my offer of a helping hand in what I could assist with IT-wise.

I found out the thread was removed, yet the underlying spirit for burying any hatchet stays past it.

MY HELPING HAND REMAINS EXTENDED.

I don't know everything, but I'm willing to assist with what I know if it's for the benefit of the community.

The tab of discord

As long as it's legal, I'm a big proponent of a free flow of information in this time and Internet age; the "tab of discord" has nonetheless been removed since I'm not here to wage wars, but living by the "moving forward" motto.

The tab was added in good faith. New posts feed or not, it takes perhaps 10 minutes to set a parser for any public webpage links to make it a tab, but if it's thought of as a war cry instead of looking it as a validation of community integration -as it was the original intention- it's better to keep peace and just let it go.

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If in the future I'm asked to restore the tab, there is absolutely no problem from my part to do so.

The tab can be easily reinstated at a later time with just a "ping". No problemo!

Trying here to be as concise as possible. Feel free to add comments in another thread. The thread remains locked since it's the basis of moving forward.
Thanks!

Hello Kevin,

We always side with the free flow of information as long as it's legal and respectful to the core values in our forum's rules, so rest assured your thread stays.

I can recommend Proof when competing against freely available information to do the same software companies do when competing with FREEWARE: to provide good reasons for people to BUY via premium extras.

You can EXPAND on what the freely available offer lacks, provide more comprehensive testing results. Add tweaks, or better presentation.

In general offer an enhanced product than the one in the public view to give a compelling reason to get it.

Loads of success to all!

Cheers.

Today is one day dedicated to our mother Earth.

May we all consistently do at least a bit towards our environment and planet. Even with the simple things we all can afford. Not littering here, being a bit more conscious there.

[attach=1]

Do a bit for the planet today. We all share it.

Vic

It totally depends on what you pick up to examine. For instance, if you pick a sealed snicker bar:


[attachimg=1]



Open it up, examine it thoroughly with your mouth then dump the wrapper.. it might account for littering [smiley]easter/smileys-easter-818470.gif[/smiley]


[smiley]cxp/whistle.gif[/smiley]

Happy Easter with a new smiley set for the occasion:

[attach=1]
(Click to expand)

May you and your family enjoy this time gracefully.
Vic

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[smileys]easter[/smileys]

Literally!

- Discuss a system today. Have some fun

Cheers!

Quote from: Archie on April 18, 2014, 04:12:06 PMAward by the generals here for the best post of the week?  (If none, then dip into the past archives.)

30 awards gets you into Vic's elite VIP-buffet inner circle?

"elite VIP-buffet". Good one

We have a change in paradigm to app-based scheduled (we're currently page-based). Many interesting features can be implemented with such a paradigm shift. Hopefully it enables us to be on the bleeding edge again for the benefit of our community. We want to progress along with times

wow! 30 times the feat! (take that casinos! )

Congrats

A part of me is thinking why people isn't rushing to a profit-sharing venture with you. It's a no-investment proposition where the only financial outcome is a win.

To get maximization of interest, you could also do it in groups, where people "pool" their accounts and winners split parting 3-ways. One share for you, one share for the group and of course one share for the account holder.

i.e. If a group of 5 people "pool", when one no-deposit bonus is fulfilled, all win. Covering for even showing the willingness.

Feel free to organize such a thing in our pages.

(nothing better than word-of-mouth from winners to motivate more folks! --hey it's no deposit => free for the taking )