Micro-Licensing
Double Trump has pioneered Micro-Licensing™, a new type of business model
which utilizes the capabilities of the Internet to allow software vendors to address
the total available demand for their product. The main goal is to find the equilibrium
of demand and price. Micro-Licensing optimizes the consumer surplus by allowing
consumers to pay only for the “portion of product” they want, and allowing them
to acquire the product in increments. Software vendors are able to generate revenues
from significant portions of their potential market that are currently untapped.
With the “Lease to Own” Micro-Licensing solution, vendors can define payment plans
for their software (e.g. by the minute, per feature) and consumers pay for their
usage based on this plan. The maximum price the user will pay is capped at the list
price (or other pre-set price point). If the consumers utilize the software enough
to reach the price cap, they then own the software. In effect, the consumer accumulates
the license for the software in increments. Hence the name “Micro-Licensing”.
Users register for the Micro-Licensing service in advance and pre-pay for a set
amount of software usage time (e.g. $5). They can then charge up their accounts
(or choose to have their accounts charged automatically) when their time runs down.
In the typical event, where a suite of software or collection of programs is Micro-Licensed,
users do not have to allocate their time in advance. They can pick and choose the
software that suits their needs, using it as much or as little as they want.