Looks good guys! Congratulations to founders on going live with the site!
I'd love to try this out, but a facebook login wall is preventing me from doing so. I personally don't have an account, but I can see others not wanting to connect their facebook accounts with their businesses.
We're considering allowing users to have a Willet account (ie. new user name and pw). Aren't people sick of having so many logins these days? That was part of the incentive to use FB - keep things simple!
I personally don't mind creating an account for a service I find valuable. Especially if it's going to be dealing with money. In that case, I would rather create a dedicated account than rely on some external party.
I think when you're talking about a payment integration system, having to create an account is not what will stop "sellers", as you call them, from signing up. It's probably different for end users though.
I think it goes both ways. I personally prefer not having to create an account, but others are concerned about privacy, don't want their accounts linked (like in BSG), or don't have accounts.
What is the limit for spending based on? Like in the Apple iTunes store I have my credit card info registered and can purchase freely. Not sure I understand?
Willet works the same way. Spend away until you reach $3 of purchases, then you enter a credit card at this point. We securely store your credit card info in our digital vault. When you reach your limit again, we'll run your credit card and email you a receipt!
Most content has a marginal cost of almost zero (eg, apps, music, etc)… So the only real “risk” is lost sales (ie, people who would have purchased if they weren't able to steal it). But IMO it's unlikely that there are many people who would rather go to the effort of stealing content which they could get for ~$1.
(full disclosure: I'm a friend of the Willet devs)
Funny, I recall billing one of my last clients significantly more than almost zero to develop an app for them. Apps cost real money to build, and real money to maintain.
Sorry, I'm not sure I understand the context of your comment.
Are you pointing out that the upfront cost of digital content is high? Because, if that's the case, I entirely agree. I'm simply saying that the marginal cost of digital goods is close to zero, so theft of such goods is only a problem if it's done in lieu of purchasing them.
Hi Max,
Think of Willet as a built-in freemium model. A users first couple of purchases are on credit. If they enjoy what they are buying, they'll have to pay.
Willet promises better conversion rates because it only takes a couple of clicks to get started. The Willet tab is shared across all websites that use Willet. As well, we promote your app / service to other Willet users to speed up the time to reaching their tab limit.
We aggregate small payments (5c - $3) without any upfront or monthly fees and no invasive signup process. Its a much better deal than you can get from virtual currencies because the tab makes converting users much easier!
Waiting for a check is the norm because there are (unfortunately) costs involved in sending money. $100 is not too difficult to make for even a small app.
Exactly! Furthermore, you can charge small amounts. Look at all of the success of the mobile app stores and in-app payments. YOU CAN DO THIS ONLINE NOW!
I'd love to try this out, but a facebook login wall is preventing me from doing so. I personally don't have an account, but I can see others not wanting to connect their facebook accounts with their businesses.