Pete Stout's New Venture
10-11-2016, 05:45 PM
#17
Rennlist Member
No! People are wealthy because they are Frugal.
10-11-2016, 06:34 PM
#19
Rennlist Member
Thread Starter
Pete speaks about what's been going on over here in an OT thread: https://rennlist.com/forums/off-topi...-magazine.html
As far as "cost?" We'll leave that to the market to decide, won't we? My interest in Porsche and cars is at a lifetime low now, so here it's not at all about the subscription price.
As far as "cost?" We'll leave that to the market to decide, won't we? My interest in Porsche and cars is at a lifetime low now, so here it's not at all about the subscription price.
10-11-2016, 07:45 PM
#21
Banned
10-11-2016, 08:01 PM
#22
Rennlist Member
Good point. However, not sure that explains why wealthy people buy Porsches? 
I think it comes down to value, whether someone is wealthy or not. That's a big reason the 993 sold so well when it was new—it presented a good value in the eyes of those who could afford it. Few of them needed a 993.
Just as I'm super thankful for those who supported 000 today, I fully understand the critics. I think I'd still be in their camp if I was on the outside, and half of me was as we played through the various business models. To be sure, 000 isn't going to be for everyone—and that's okay. We are not pursuing the usual high-circulation model, nor are we pursuing the conventional ad-driven model in which 50% to 65% of the magazine is paid advertising. The other thing I had to step back on and really think about is value from a different perspective. What do I pay for one performance tire for my Porsche, one concert, or one nice dinner out? How many hours of enjoyment do I derive from those expenditures? Are they memory-making, or something physical I can enjoy again?
Obviously, we all place differing valuations on the things we choose to buy or spend money on. That's as it should be.
We just wanted to see if there were some folks who might like a Porsche magazine the way we envisioned it. We didn't know what to expect, but we decided to try it. Well, it's been a wild day. I wasn't sure whether to expect crickets or what—but we've been blown away by the response and are super, super thankful. Now it's on us to deliver quality...
Best,
pete
I think it comes down to value, whether someone is wealthy or not. That's a big reason the 993 sold so well when it was new—it presented a good value in the eyes of those who could afford it. Few of them needed a 993. Just as I'm super thankful for those who supported 000 today, I fully understand the critics. I think I'd still be in their camp if I was on the outside, and half of me was as we played through the various business models. To be sure, 000 isn't going to be for everyone—and that's okay. We are not pursuing the usual high-circulation model, nor are we pursuing the conventional ad-driven model in which 50% to 65% of the magazine is paid advertising. The other thing I had to step back on and really think about is value from a different perspective. What do I pay for one performance tire for my Porsche, one concert, or one nice dinner out? How many hours of enjoyment do I derive from those expenditures? Are they memory-making, or something physical I can enjoy again?
Obviously, we all place differing valuations on the things we choose to buy or spend money on. That's as it should be.
We just wanted to see if there were some folks who might like a Porsche magazine the way we envisioned it. We didn't know what to expect, but we decided to try it. Well, it's been a wild day. I wasn't sure whether to expect crickets or what—but we've been blown away by the response and are super, super thankful. Now it's on us to deliver quality...
Best,
pete
10-11-2016, 08:16 PM
#23
Burning Brakes
Originally Posted by stout
Good point. However, not sure that explains why wealthy people buy Porsches? I think it comes down to value, whether someone is wealthy or not. That's a big reason the 993 sold so well when it was new—it presented a good value in the eyes of those who could afford it. Few of them needed a 993.
Just as I'm super thankful for those who supported 000 today, I fully understand the critics. I think I'd still be in their camp if I was on the outside, and half of me was as we played through the various business models. To be sure, 000 isn't going to be for everyone—and that's okay. We are not pursuing the usual high-circulation model, nor are we pursuing the conventional ad-driven model in which 50% to 65% of the magazine is paid advertising. The other thing I had to step back on and really think about is value from a different perspective. What do I pay for one performance tire for my Porsche, one concert, or one nice dinner out? How many hours of enjoyment do I derive from those expenditures? Are they memory-making, or something physical I can enjoy again?
Obviously, we all place differing valuations on the things we choose to buy or spend money on. That's as it should be.
We just wanted to see if there were some folks who might like a Porsche magazine the way we envisioned it. We didn't know what to expect, but we decided to try it. Well, it's been a wild day. I wasn't sure whether to expect crickets or what—but we've been blown away by the response and are super, super thankful. Now it's on us to deliver quality...
Best,
pete
I think it comes down to value, whether someone is wealthy or not. That's a big reason the 993 sold so well when it was new—it presented a good value in the eyes of those who could afford it. Few of them needed a 993. Just as I'm super thankful for those who supported 000 today, I fully understand the critics. I think I'd still be in their camp if I was on the outside, and half of me was as we played through the various business models. To be sure, 000 isn't going to be for everyone—and that's okay. We are not pursuing the usual high-circulation model, nor are we pursuing the conventional ad-driven model in which 50% to 65% of the magazine is paid advertising. The other thing I had to step back on and really think about is value from a different perspective. What do I pay for one performance tire for my Porsche, one concert, or one nice dinner out? How many hours of enjoyment do I derive from those expenditures? Are they memory-making, or something physical I can enjoy again?
Obviously, we all place differing valuations on the things we choose to buy or spend money on. That's as it should be.
We just wanted to see if there were some folks who might like a Porsche magazine the way we envisioned it. We didn't know what to expect, but we decided to try it. Well, it's been a wild day. I wasn't sure whether to expect crickets or what—but we've been blown away by the response and are super, super thankful. Now it's on us to deliver quality...
Best,
pete
10-11-2016, 08:23 PM
#24
Most magazines get most of their money from the advertisers and some from the subscribers.
It apppears this business model merely upends that, whereby the lion's share of the cost is placed onto the subscriber as opposed to advertising fees.
Will it work? Depends on how much it costs to produce, and how many people they can convince that spending $250 for 4 issues is worthwhile.
Simple as that
It apppears this business model merely upends that, whereby the lion's share of the cost is placed onto the subscriber as opposed to advertising fees.
Will it work? Depends on how much it costs to produce, and how many people they can convince that spending $250 for 4 issues is worthwhile.
Simple as that
10-11-2016, 08:33 PM
#25
Race Director
Good point. However, not sure that explains why wealthy people buy Porsches? I think it comes down to value, whether someone is wealthy or not. That's a big reason the 993 sold so well when it was new—it presented a good value in the eyes of those who could afford it. Few of them needed a 993.
Just as I'm super thankful for those who supported 000 today, I fully understand the critics. I think I'd still be in their camp if I was on the outside, and half of me was as we played through the various business models. To be sure, 000 isn't going to be for everyone—and that's okay. We are not pursuing the usual high-circulation model, nor are we pursuing the conventional ad-driven model in which 50% to 65% of the magazine is paid advertising. The other thing I had to step back on and really think about is value from a different perspective. What do I pay for one performance tire for my Porsche, one concert, or one nice dinner out? How many hours of enjoyment do I derive from those expenditures? Are they memory-making, or something physical I can enjoy again?
Obviously, we all place differing valuations on the things we choose to buy or spend money on. That's as it should be.
We just wanted to see if there were some folks who might like a Porsche magazine the way we envisioned it. We didn't know what to expect, but we decided to try it. Well, it's been a wild day. I wasn't sure whether to expect crickets or what—but we've been blown away by the response and are super, super thankful. Now it's on us to deliver quality...
Best,
pete
I think it comes down to value, whether someone is wealthy or not. That's a big reason the 993 sold so well when it was new—it presented a good value in the eyes of those who could afford it. Few of them needed a 993.Just as I'm super thankful for those who supported 000 today, I fully understand the critics. I think I'd still be in their camp if I was on the outside, and half of me was as we played through the various business models. To be sure, 000 isn't going to be for everyone—and that's okay. We are not pursuing the usual high-circulation model, nor are we pursuing the conventional ad-driven model in which 50% to 65% of the magazine is paid advertising. The other thing I had to step back on and really think about is value from a different perspective. What do I pay for one performance tire for my Porsche, one concert, or one nice dinner out? How many hours of enjoyment do I derive from those expenditures? Are they memory-making, or something physical I can enjoy again?
Obviously, we all place differing valuations on the things we choose to buy or spend money on. That's as it should be.
We just wanted to see if there were some folks who might like a Porsche magazine the way we envisioned it. We didn't know what to expect, but we decided to try it. Well, it's been a wild day. I wasn't sure whether to expect crickets or what—but we've been blown away by the response and are super, super thankful. Now it's on us to deliver quality...
Best,
pete
10-11-2016, 09:55 PM
#27
Rennlist Member
Any way, no harm no foul—I appreciate your honest feedback!
10-11-2016, 10:03 PM
#28
Burning Brakes
As a rare book collector (along with scattered subcategories of paper ephemera), I've no intrinsic problem with the pricing, so long as it's a volume that will hold interest 3, 5, and 20 years from now.
Christophorus, in my very limited experience is soporific.
Excellence in my non-subscribing experience is generally good.
Used to get Panorama back in my 964/993 days; not after 2000 or so.
If the volume feels like quality, and has both articles and imagery that aren't dated overnight, it'll work.
My totally personal bias: I lose interest in articles about $900,000 Porsches, because for all but the very fewest of us: they're unattainable. A unique long hood; a carefully restored Porsche done not by a high end shop necessarily, but by a devoted owner and devotee; a Porsche owned by the same family for 50 years; these are things that one could actually imagine attaining. And at least for me, that generates a personal attachment to an article, a vehicle, or an idea---the "Hey, I could maybe do that and have one like his!" aspect is what often brings me back to reading an article or reviewing a photoshoot.
Of course, I'll read and review an article about yet another Singer, or a restored pre-A 356 ten times over, and I most certainly will NEVER be in the buyer's market for either one! Out of my pay grade. So, there goes your logical analysis for you, right out the window.
Good luck with your artistic venture, and I will give it the serious consideration it merits.
Christophorus, in my very limited experience is soporific.
Excellence in my non-subscribing experience is generally good.
Used to get Panorama back in my 964/993 days; not after 2000 or so.
If the volume feels like quality, and has both articles and imagery that aren't dated overnight, it'll work.
My totally personal bias: I lose interest in articles about $900,000 Porsches, because for all but the very fewest of us: they're unattainable. A unique long hood; a carefully restored Porsche done not by a high end shop necessarily, but by a devoted owner and devotee; a Porsche owned by the same family for 50 years; these are things that one could actually imagine attaining. And at least for me, that generates a personal attachment to an article, a vehicle, or an idea---the "Hey, I could maybe do that and have one like his!" aspect is what often brings me back to reading an article or reviewing a photoshoot.
Of course, I'll read and review an article about yet another Singer, or a restored pre-A 356 ten times over, and I most certainly will NEVER be in the buyer's market for either one! Out of my pay grade. So, there goes your logical analysis for you, right out the window.
Good luck with your artistic venture, and I will give it the serious consideration it merits.
10-11-2016, 10:09 PM
#29
Most magazines get most of their money from the advertisers and some from the subscribers.
It apppears this business model merely upends that, whereby the lion's share of the cost is placed onto the subscriber as opposed to advertising fees.
Will it work? Depends on how much it costs to produce, and how many people they can convince that spending $250 for 4 issues is worthwhile.
Simple as that
It apppears this business model merely upends that, whereby the lion's share of the cost is placed onto the subscriber as opposed to advertising fees.
Will it work? Depends on how much it costs to produce, and how many people they can convince that spending $250 for 4 issues is worthwhile.
Simple as that
It's weird to me that it's even a topic in a forum where fanatical should be spelled w/ a capital F. Some of you guys have like 5,000 pictures of your cars.
10-11-2016, 10:21 PM
#30
Burning Brakes
It's weird to me that it's even a topic in a forum where fanatical should be spelled w/ a capital F. Some of you guys have like 5,000 pictures of your cars.
Someone must care for the Precioussss….yesss, it must be worshipped and defended against its enemies. Can't…let…unbelievers touch…the Preciousssss….