Will their be an option to rent Mobile Ed courses in the future?
Bump.
I have the the same question as above, any response on the possibility of renting?
I like the idea...
Renting Mobile Ed would interest me as well.
I would definitely be interested in renting courses as well,
[Y]I would also like to see this! Or maybe an option for a monthly subscription to have access to all Mobile Ed Courses (like Netflix or Lynda.com). As long as the option to purchase the content never went away, I would be comfortable with a subscription model for Mobile Ed Courses like this.
If Hollywood and Amazon VOD can make HD rentals to be $4.99, then I assume Logos can do $3.99 or less.
Why would you assume this? Hollywood and Amazon have 100's of thousands of customers, Logos will be blessed to have a several thousand.
If Hollywood and Amazon VOD can make HD rentals to be $4.99, then I assume Logos can do $3.99 or less. Doubtful. The Mobile Ed courses are interactive with the quizzes and exams. If a course sells for $300 why should it rent for $4?
Because every average Hollywood movie productions cost around $100+ millions, and cost $4.99 to rent.
If Hollywood and Amazon VOD can make HD rentals to be $4.99, then I assume Logos can do $3.99 or less. Why would you assume this? Hollywood and Amazon have 100's of thousands of customers, Logos will be blessed to have a several thousand.
Hey, you gotta believe what you're selling. If you're bold in your steps, the world will notice and rent. Think of it as to gain new market ground. It will make people look and change their game, specially in Christianity circle.
I like the renting idea, but $4 is too low. Hollywood movies also sell for about $20. Mobile Ed courses are significantly higher. Plus, the renting option on Amazon and VOD is only for 24 to 48 hours. Mobile Ed courses would need longer, say 1 month? A more realistic option may be $50-100 depending on length and content. The ratio for renting would need to be closer to the cost of the course.
Thanks for the post. You make a great point about the key relationship being between the product’s purchase price and rental price (NOT the cost of production). The purchase price factors in the audience size and demand, as should the rental price. I also agree that the duration of the rental and how many items are included is another factor that affects pricing.
I would like to hear more feedback from the forums on how attractive various rental options for Mobile Ed would be. I’m curious about price points and structures relating to how much material would be available and for how long.
Here are two examples.
These are just two conceptual structures. I’m curious if there are others that are more attractive. If you have time to dream in this area, I would love to hear as many thoughts as possible.
I wonder if everyone is considering what they get for their money. With a movie rental you get 90 minutes of escape from reality. With a Mobile Ed course you are getting an education that has life and career changing potential. If we only paid rental fees for a chair in the classroom at seminary the degree would be a lot cheaper. But we are making an investment, an investment that will go with us the rest of our lives. We should expect to pay a price comparable to the value we are receiving.
I would like to hear more feedback from the forums on how attractive various rental options for Mobile Ed would be. I’m curious about price points and structures relating to how much material would be available and for how long. Here are two examples. One model would be a particular price for access to everything (perhaps after a delayed new release period like Netflix). Another model would be a different price for access to a channel containing only three courses, where one course changes each month (leaving each course available for 3 months). These are just two conceptual structures. I’m curious if there are others that are more attractive. If you have time to dream in this area, I would love to hear as many thoughts as possible.
My interest in this is substantial. My preference as to how it should be offered is:
This idea of rental if adopted would probably generate revenues exceeding Logos Now handily.
A rent-to-own option (with most but not all of the money paid in rent credited toward owning the rented resource) might go over well.
Also, minimum rent periods greater than one month--three or six, for example--might be a good idea.
