Pay what you can

id: pay-what-you-can-180-8685362
title: Pay what you can
text: Pay what you can (PWYC) is a non-profit or for-profit business model which does not depend on set prices for its goods, but instead asks customers to pay what they feel the product or service is worth to them. It is often used as a promotional tactic, but can also be the regular method of doing business. It is a variation on the gift economy and cross-subsidization, in that it depends on reciprocity and trust to succeed. "Pay what you want" is sometimes used synonymously, but "pay what you can"
brand slug: wiki
category slug: encyclopedia
description: Business model
original url: https://en.wikipedia.org/wiki/Pay_what_you_can
date created: 2009-03-10T05:42:28Z
date modified: 2024-09-05T12:43:55Z
main entity: {"identifier":"Q17121671","url":"https://www.wikidata.org/entity/Q17121671"}
image:
fields total: 13
integrity: 15

Related Entries

Explore Next Part