Mobile Experiment: We Will Add Your Magazine to the App Store for $0, in Exchange for the First $199 It Earns

[Paul Nowak, CEO PressPad]

📌 Risk free iPad app for your magazine. It is us who take the gamble!
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Long story short: We are looking for 10 publishers who will agree to publish their magazine in a new experimental pricing model.

The publisher doesn't pay us anything for the making and maintenance of the application, in exchange, we retain the first 199 dollars it earns every month. From $200 up everything goes to the magazine publisher (no revenue share whatsoever).

Read on our blog: http://bit.ly/16NfCKj

For example:
1. If your magazine earns $467, we will transfer $268 (everything over $199) to you at the end of the month.
2. If your magazine has a bad month and earns only $85, PressPad will retain this money to itself and will NOT require supplementing amount of the service fee from you.

Why won't we require supplementing the service fee? Isn't it a shot in the foot for us? We can see from the stories of our clients that we can take that risk. Most of them earn more from their applications than they pay us for their maintenance. With that knowledge, we calculated that probably we won't lose on this solution, and we will considerably simplify the settlements.

Read on our blog: http://bit.ly/16NfCKj

PS follow us on Twitter (http://twitter.com/presspadapp) for more good tips about digital publishing!

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