Panic, Transmit, and Alternative Business Models ➝

David Sparks, on Panic discontinuing Transmit for iOS:

I use Transmit both on my Mac and iOS devices. I don’t recall what I originally paid for Transmit, but I believe it was in the neighborhood of $50. Since then I’ve upgraded twice so let’s say I’ve now given Panic $100 for the privilege of having their app on my Mac.

When I bought Transmit for my iOS devices, I paid $10. That is it. I’ve been using the app for years and all the money Panic ever got out of me was $10, less than I’m going to spend today on lunch.

I’m not sure if Panic would have found success by transitioning to a subscription-based business model or if charging more for Transmit would have actually resulted in more revenue. But it’s clear to me that Panic needed a way to get more money from users that rely on and loved using the app. I guess I would have expected the team to, at least, try an alternative business model before putting Transmit on the shelf, but I guess they decided it was best to just cut their losses.