Manual, thanks for further explaining yourself. It sounds like we’re in agreement. 🙂

I’m also a big fan of pay-what-you-want, although I think decades (almost a century now) of a system where people are presented with a particular price has made it far more difficult for people to think for themselves. When you live in a world where the prices are set for you, the mental muscle required to gauge what something is worth just isn’t there. But it should be. We should be thinking for ourselves and asking ourselves what something is worth to us. If something isn’t worth $100 to us, we shouldn’t buy it.

It’s true that we can’t always know what something will be worth to us in the long run, but I think that’s part of the process. We need to learn how to gauge risk and to put our money where our beliefs are.

The model I’m trying out — setting prices based on a collective opinion of what the price should be — is my attempt to move back towards the philosophy of pay-what-you-want while still working within the existing system of “here’s the price I’m setting”. I may be setting the price, but I’m not determining the price (at least not directly… I certainly guided the price by using what I would personally pay in the price range).

More than anything, I think we need to practice more self-reliance, more thinking for ourselves. As consumers, we should be speaking our minds about what things are, and are not, worth. I feel the best way to start doing that online — while piggybacking on the existing system — is to involve our audiences in the pricing of our digital products. Let them collectively vote for what something should cost and then set the prices accordingly.

Thank you for engaging here — this is a topic I’ve found it quite difficult to find people willing to discuss. 🙂