Tuesday, August 23, 2022
Free And Paid
How do you get consumers who are used to a free service to pay for it? This is the challenge facing Zoom, the online video calling software. It is an age-old problem for marketers. Can you get the public hooked enough that once free is taken away, they will transition to a paid service? In Zoom's case, the phenomenal growth it saw during the pandemic is no longer there. Consumers are no longer house-bound. Hence the need to join remote business meetings and to talk to loved ones at length has gone away. Zoom has entered a period of slow growth and there isn't much the company can do about it.
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