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Are Nigerians Too Poor To Pay For Software Subscriptions Or Just Too Stingy ? - Programming (3) - Nairaland

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Re: Are Nigerians Too Poor To Pay For Software Subscriptions Or Just Too Stingy ? by Paystack: 1:10pm On Oct 20, 2023
airsaylongcome:


Lol! Are you aware that twitter is about to start a $1/month subscription from next year?

I love Elon musk

But I pray Twitter fails woefully when that happens.

He simply cannot be that stingy.


Yes we know he paid for the platform and so did mark when he aquired Instagram and WhatsApp.


They're loads of other ways to generate revenue
Re: Are Nigerians Too Poor To Pay For Software Subscriptions Or Just Too Stingy ? by airsaylongcome: 1:13pm On Oct 20, 2023
Paystack:


I love Elon musk

But I pray Twitter fails woefully when that happens.

He simply cannot be that stingy.

Yes we know he paid for the platform and so did mark when he aquired Instagram and WhatsApp.

They're loads of other ways to generate revenue

All the other platforms will follow suite. Facebook is now charging for Verified status

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Re: Are Nigerians Too Poor To Pay For Software Subscriptions Or Just Too Stingy ? by Millerules(m): 2:15pm On Oct 20, 2023
Paystack:


They're limits to softwares Nigerians find useful or willing to pay for.



Only Fintech and social media products can survive Nigerian market

What fintechs charge avearge Nigerians by subscriptions? I don't believe there is any. Except if you as using their SDKs, APIs and Payment links and they even charge by every transactions.

And how many average Nigerians pay for social media apps? Except you are an influencer or using the platform for business.


I understand why OP must feel bad about this issue he/she raised. No every developer has to work for an organization. There are many solo Developers making thousands of dollars from their apps in top countries like US or UK. The few here in Nigeria has to make an app targeting these countries to make such amount from here.

In-App subscriptions aside, you would make much more if your app is targeting a US/UK/Canada market with a free app showing Adverts and with just 1000 users than same app targeting Nigeria/African Countries/India with 10,000 users. Why? User in those countries has more tendency to click and Ad and buy.

It's simple, people would rather hold that cash than let go even if the app is useful to them here in Nigeria. They would rather hit your review section with bad comments asking why they have to pay for it and not free for use. The purchasing power is next to nothing.

If it's not Betting, Porn and any other thing they cannot be proud to say in public that they paid for, forget it.

PS: We are talking about average Nigerians. Not folks using Paystack, Flutterwave etc. for one business or the other. Let's all rest abeg, just simply think like a business man out to make money than like a Developer, if you wan chop with your skills.
Re: Are Nigerians Too Poor To Pay For Software Subscriptions Or Just Too Stingy ? by Paystack: 2:27pm On Oct 20, 2023
airsaylongcome:


All the other platforms will follow suite. Facebook is now charging for Verified status

Meta will never charge users to use it's platform lol.

It will never happen.
Re: Are Nigerians Too Poor To Pay For Software Subscriptions Or Just Too Stingy ? by Paystack: 2:29pm On Oct 20, 2023
airsaylongcome:


All the other platforms will follow suite. Facebook is now charging for Verified status

Also I hardly doubt Twitter will ever set a mandatory fee for all users.


Sure they might be a fee to access some premium service.

But mandatory payment before accessing X?

That will never happen... Even Elon Knows that will be th fall of Twitter.


Deep down he knows this payment for verification is huge mess and failure... It's total nonsense.
Re: Are Nigerians Too Poor To Pay For Software Subscriptions Or Just Too Stingy ? by airsaylongcome: 4:00pm On Oct 20, 2023
Paystack:


Meta will never charge users to use it's platform lol.

It will never happen.

Read my post. I did not say they are charging users. I said they are now charging for Verified status. That's the first step. Next will be a small charge to be able to be able to view premium content. Then ultimately to be able to to like and engage.

1 Like

Re: Are Nigerians Too Poor To Pay For Software Subscriptions Or Just Too Stingy ? by Paystack: 4:08pm On Oct 20, 2023
airsaylongcome:


Read my post. I did not say they are charging users. I said they are now charging for Verified status. That's the first step. Next will be a small charge to be able to be able to view premium content. Then ultimately to be able to to like and engage.

Doubt that for meta tho.

What premium content would one want to view on Facebook lol
Re: Are Nigerians Too Poor To Pay For Software Subscriptions Or Just Too Stingy ? by YoungCabal: 6:19pm On Oct 20, 2023
batistutajulio:


If I've to pay for Nairaland, I would stop visiting Nairaland.

In fact, this days I hardly come to Nairaland since I can get what I want on Twitter.
There are things on nairaland that you won't find on twitter, even the twitter you mentioned is no longer completely free, sooner or later, you will be forced to pay for it
Re: Are Nigerians Too Poor To Pay For Software Subscriptions Or Just Too Stingy ? by YoungCabal: 6:27pm On Oct 20, 2023
Millerules:


What fintechs charge avearge Nigerians by subscriptions? I don't believe there is any. Except if you as using their SDKs, APIs and Payment links and they even charge by every transactions.

And how many average Nigerians pay for social media apps? Except you are an influencer or using the platform for business.


I understand why OP must feel bad about this issue he/she raised. No every developer has to work for an organization. There are many solo Developers making thousands of dollars from their apps in top countries like US or UK. The few here in Nigeria has to make an app targeting these countries to make such amount from here.

In-App subscriptions aside, you would make much more if your app is targeting a US/UK/Canada market with a free app showing Adverts and with just 1000 users than same app targeting Nigeria/African Countries/India with 10,000 users. Why? User in those countries has more tendency to click and Ad and buy.

It's simple, people would rather hold that cash than let go even if the app is useful to them here in Nigeria. They would rather hit your review section with bad comments asking why they have to pay for it and not free for use. The purchasing power is next to nothing.

If it's not Betting, Porn and any other thing they cannot be proud to say in public that they paid for, forget it.

PS: We are talking about average Nigerians. Not folks using Paystack, Flutterwave etc. for one business or the other. Let's all rest abeg, just simply think like a business man out to make money than like a Developer, if you wan chop with your skills.

Exactly ! My problem is that Nigerians will keep dragging with you that your app should be free, we have this very annoying entitlement mentality aside being stingy, they can go as far as giving your app a 1 star rating just to spite you
Re: Are Nigerians Too Poor To Pay For Software Subscriptions Or Just Too Stingy ? by YoungCabal: 6:31pm On Oct 20, 2023
Paystack:


Doubt that for meta tho.

What premium content would one want to view on Facebook lol
Meta has already rolled out plans to charge users in europe for an ad-free experience, they can easily charge users for advanced search or limit the number of stories you can view per day
Re: Are Nigerians Too Poor To Pay For Software Subscriptions Or Just Too Stingy ? by TheStrongest: 12:35pm On Oct 21, 2023
I understand your point bro..
But SAAS business is beyond the surface level. There are so many variables involved.

It's a matter of time, Nigerians would get up to that point where they would pay easily for apps, what you can't do is force them to that point.

Some years ago Nigerians don't spend on data to watch YouTube videos, but today the case is different..
Today many Nigerians spend data to stream movies on Netflix.

Na time e go take..

But the most important factor to consider is "Value" if your app provides the value they want, they would gladly pay to get the value.

Nigerians dey pay for sports betting prediction right now, they find value in that.

And also, you're not limited to the Nigerian market.

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