Angie’s List is a company launched in 1995 by Angela Hicks to provide online customer reviews for home repair and maintenance jobs. To collect such reviews initially, Angie, by herself, started going door-to-door in Columbus, Ohio, and asking people for a list of reliable service providers they would recommend to others. The company grew more and more every year after that. In 2016 for example it had expanded to serve more than 200 cities and 700 service categories, each with curated customer reviews. For access to such high-quality reviews, consumers had to pay a subscription fee. In 2016, Angie’s List had a three-tier pricing model, with consumers choosing between subscriptions costing $10, $30 and $60 per year. These options differed in the amount of information consumers had access to on the site. For example, with the $10 subscription, consumers could view home, car, and yard reviews for their local market (not national), while with the $30 subscription consumers could additionally access health and wellness reviews, as well as view national reviews. Finally, the premium subscription also offered consumers access to a dedicated priority support line, as well as a complaint resolution guarantee.

However, in 2016, many other online companies offered access to online reviews, the largest among which were Yelp, Tripadvisor, and Taskrabbit. These services relied on advertising for revenue, with consumers getting access to online reviews for free. These reviews were posted voluntarily by previous customers and included a star rating and a text for each review.

Faced with declining membership rates as consumers substituted to obtaining reviews from other free sources, in 2016 Angie’s List had a choice to make: introduce a free tier to their paid subscription model or continue with the subscription model they had used since inception.

What should Angie’s List goals be in designing the free pricing tier? List at least two goals.
Does offering a free tier make sense? List at least two advantages and two disadvantages for Angie’s List if it were to offer a free tier and then make your recommendation.
Are there alternative strategies that Angie’s List could implement apart from adding a free pricing tier that will increase profits and value for consumers? If yes, defend your proposition. If no, explain why.

Answers

Answer 1

Angie's List could include: 1) Expanding their service  2) Improving user experience through enhanced website functionality and personalization.

Offering a free tier does make sense for Angie's List. One advantage of offering a free tier is that it can increase brand awareness and attract new users who might not have been willing to pay for a subscription. This can lead to an increase in reviews and make their platform more valuable to consumers.

Based on these advantages and disadvantages, it is recommended that Angie's List offer a free tier with limited access to reviews. This would allow them to attract new users and differentiate themselves from other free review platforms, while minimizing the risk of cannibalizing their paid subscription revenue or lowering the quality of reviews.

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Related Questions

What is receptive skills ?

Answers

Answer: They are skills where the person receives information.

Explanation: When it comes to receptive skills, it is where the person learns by receiving information. A common way to develop receptive skills is through reading and listening. A person who reads is someone who is receiving knowledge through the process of identifying the knowledge that he sees, while the person who listens receives it through hearing.

FIRST ANSWER WILL BE NAMED BRAINLIEST
Which action would effectively and appropriately address a budget deficit?
A. reduce income
B. reduce expenses
C. apply for bankruptcy
D. apply for new credit

Answers

Answer:

It is letter B

Explanation:

Reducing expenses would effectively and appropriately address a budget deficit. Thus option B is correct.

What is the budget?

A budget is a financial plan that projects future earnings and costs. A budget, put simply, forecasts future finances in addition to anticipated revenues and expenditures. Calculating the company's earnings and costs for a set period of time is the procedure for creating a budget.

Increasing tax rates while decreasing government expenditures are the two apparent ways to minimize a budget deficit. the reduction of government spending and/or the raising of taxes, which results in either a rise in the primary surplus or a decrease in the budget deficit. greater taxes and less funding by the government. If public spending is lower than tax receipts, a budget surplus results.

Therefore, option B is the correct option.

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When making decisions, managers often must decide between doing what is beneficial for the firm in the short term, and what is beneficial for both the firm and society in the long term. To address this conflict, a firm must

Answers

When making decisions, managers are often faced with a conflict between what is beneficial for the firm in the short-term and what is beneficial for both the firm and society in the long-term.

This conflict arises because the actions that benefit the firm in the short-term may not necessarily align with the interests of society as a whole, which can lead to negative consequences for both the company and society in the long-term.

To address this conflict, a firm must adopt a long-term orientation and consider the broader social and environmental impacts of its decisions. This means looking beyond immediate financial gains and recognizing that actions taken today can have far-reaching implications for the company's reputation, customer loyalty, employee morale, and overall sustainability.

Firms that prioritize social responsibility and sustainable business practices are more likely to build strong relationships with stakeholders, including customers, employees, investors, and regulators. They are also better equipped to weather economic downturns and other disruptions, as they have diversified their risk and invested in building resilient supply chains and communities.

Ultimately, the key to addressing the conflict between short-term gains and long-term benefits is a commitment to corporate social responsibility (CSR) and sustainable business practices. By prioritizing the needs of society and the environment alongside those of shareholders, firms can create value for all stakeholders over the long-term, ensuring their continued success and impact.

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Name three factors that determine a good’s or service’s elasticity.

Answers

Answer:

Many factors determine the demand elasticity for a product, including price levels, the type of product or service, income levels, and the availability of any potential substitutes. High-priced products often are highly elastic because, if prices fall, consumers are likely to buy at a lower price.

Explanation:

Answer:

(1) availability of substitutes(2) if the good is a luxury or a necessity, (3) the proportion of income spent on the good, and(4) how much time has elapsed since the time the price changed.

Meadows manufacturing follows the accrual basis. An accrual results when ____________ and a deferral results when.

Answers

Answer:

Meadows manufacturing follows the accrual basis. An accrual results when $6,000 cash is received after a customer has been billed and a deferral results when $4,500 cash is paid for next quarter's insurance for property.

Explanation:

Pls, choose me as brainliest!

though it may undermine the concept of comparing a constant basket of goods, the bls occasionally updates the items in the cpi market basket. why?

Answers

To more precisely assess the kinds of products and services that are offered during a specific time. to accurately reflect the price of a particular lifestyle. The market basket, a representative selection of goods and services bought by an average household, serves as the foundation for the CPI.

A commonly used index number for the price level; the weighted average of the cost of a particular set of goods and services purchased by a typical household. Each month, average prices for specific utilities, automotive fuel, and food products are published on a national level. All average prices are also published each month at the regional level if the sample size is large enough.

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Which credit utilization rate would be preferable to a lender on a credit card application?

Answers

Your credit utilization ratio should be no higher than 30 percent, and the lower it is, the better for your credit score it will be.

What is the best credit card utilization rate?

30 percent Keeping your credit utilization below 30 percent is a good idea, especially if you want to keep your good credit score. This means that if you have $10,000 in credit available, your outstanding balances shouldn't be more than $3,000 at any given time.

Why is credit utilization recommended at 30%?

The normal exhortation is to continue to spin obligation beneath 30% of your accessible credit with the goal that your usage rate doesn't hurt your financial assessment. However, experts claim that your FICO score, which is used by the majority of lenders to make decisions, begins to decline well below that point.

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his lesson starts on time (change into negative)​

Answers

Answer:

His lesson started late

Explanation:

it’s changes intopositive

why only 4 percent manage to succeed in business of company ??​

Answers

Answer:

A lot of businesses don't succeed due to money problems, or no customers.

Explanation:

It takes tons of money to build up a business, its hard to get people to work for you, you’ve got to pay people to do things, it costs a ton. it’s hard!


In which part of a résumé would you mention details of any prizes or awards that you won in professional competitions?

Answers

Answer:

"Scholarships or Competitions" would be the appropriate choice.

Explanation:

As even the title indicates, this would be the segment of your CV or resume wherever you mention the related honors, accomplishments, or prizes you have received for performing above the norm. It requires scholarships, contests, career-related honors, or perhaps even raises to management place throughout the job. Even with your remarkable accomplishments, users shouldn't have to build a special segment.

Answer:

Honors and activities

Explanation:

Hope this helps :)

Question 2(Multiple Choice Worth 5 points)
(02.06 MC)
In general, what kind of people earn the most money?
O People with skills that are in high demand and high in supply
O People with skills that are in high demand but low in supply
O People with skills that are in low demand and low in supply
People with skills that are in low demand but high in supply

Answers

Ans: people with skills that are high in demand but low in supply

They earn the most money since skills also follow the law of supply and demand, so consumers are willing to pay more due to low supply

Job #4260 consisted of 1,000 units at a total cost of $200,000. The cost transferred to cost of goods sold for the sale of 600 of the units is ______.

Answers

The answer is: 120,000

Explanation:

job #4260 consisted of 1,000 units at a total cost of $200,000. The cost transferred to cost of goods sold for the sale of 600 of the units is:

total cost / units x sale of units
200,000 / 1,000 x 600
= 120,000

The cost transferred to cost of goods sold for the sale of 600 of the units is 120,000. Frequently, market analysts use models with two sources of info: actual capital, with amount K and work, with amount L.

What is Total cost?

In financial matters, total cost (TC) is the base dollar cost of creating some amount of result.

This is the total monetary cost of creation and is comprised of variable cost, which changes as indicated by the amount of a decent delivered and incorporates information sources like work and natural substances.

Work #4260 comprised of 1,000 units at a total cost of $200,000. The cost moved to cost of products sold for the offer of 600 of the units is

Total cost / units x sale of units

200,000 / 1,000 x 600

= 120,000

The negligible cost can likewise be determined by tracking down the subordinate of total cost or variable cost. Both of these subsidiaries work in light of the fact that the total cost incorporates variable cost and fixed cost, yet fixed cost is a consistent with a subsidiary of 0.

The total cost of delivering a particular degree of result is the cost of the multitude of variables of creation. Total cost in financial matters incorporates the total open door cost (benefits got from the following best other option) of each element of creation as a feature of its fixed or variable costs.

Therefore The extra total cost of one extra unit of creation is called minor cost.

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Which of the following businesses describes a branch?
A. CarCity is a car dealership that is old by a large company but operated by a group.
B. Easy as Fries, a fast-food restaurant, is operated by one person but still owned by a large company.
C. Photo Finish, a sports photography business, has many locations that are owned an operated by the company.
D. Hit the books, a Tutoring business, has one location in San Diego, California

Answers

I believe that it’s C
ANSWER =C

Photo Finish, a sports photography business, has many locations that are owned an operated by the company is the businesses describes a branch. Hence, option C is correct.

What is meant by photography business?

A variety of services are offered by professional photography studios, including portraiture, commercial photography, event photography including weddings, family gatherings, bar mitzvahs, and more, convention photography, and more.

Their creativity, which is the art or process of making images by the influence of radiant energy, particularly light, on a sensitive surface, is expressed through shades, tones, smiles, joy, and even sadness.

To start, you can increase brand awareness by including brand-specific colors in your images. Additionally, your image might inspire bto take action. Good pictures elicit an emotion. Within that attitude, an emotion develops, which inspires potential customers to become clients.

Thus, option C is correct.

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explain the process involve in forming a company.

include these points:

1. Often require more time and legal works.

2. Need to complete all required documents such as ARTICLE OF ASSOCIATION and MEMORANDUM OF ASSOCIATION.

3. Once all document is ready, the register of the company issues the Certification of incorporation.

4. Certification of incorporation certifies the legal status of the company and allows to start trading.​

Answers

Forming a company involves a number of steps and can often require more time and legal work than other types of business structures. Here are the steps typically involved in forming a company:

How to fporm company

Choose a Business Name: The first step is to choose a business name that is not already in use by another company. It's important to conduct a search to ensure the name is not already taken.

Decide on Company Structure: The next step is to decide on the legal structure of the company, such as a corporation, LLC, or partnership.

Prepare the Required Documents: Once the structure has been chosen, the required documents such as ARTICLE OF ASSOCIATION and MEMORANDUM OF ASSOCIATION must be completed. These documents outline the purpose of the company, its ownership structure, and other important details.

File Documents with the Register of Companies: The completed documents must then be filed with the register of the company in the jurisdiction where the company is to be incorporated. This requires paying a fee and providing additional information about the company, such as the names and addresses of directors and shareholders.

Certification of Incorporation: Once all the required documents have been submitted and approved, the register of the company issues a Certification of Incorporation. This certificate certifies the legal status of the company and allows it to start trading.

Obtain Business Licenses and Permits: Depending on the type of business and the jurisdiction, the company may also need to obtain additional licenses and permits before it can begin operating legally.

Overall, forming a company involves a significant amount of legal work and documentation, but it provides the benefit of limited liability and can make it easier to raise capital and attract investors.

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When writing a check...

Spell out the dollars and cents in the short box next to the $ symbol
Spell out the dollars and cents on the long line that ends in "Dollars"
Never sign the check
Sign on the line that says "Pay to the order of"
Always print your signature

Answers

The answer would be B
When writing a check:

- Spell out the dollars and cents in the short box next to the $ symbol
- Spell out the dollars and cents on the long line that ends in "Dollars"
- Sign on the line that says "Pay to the order of"
- Sign your name in cursive or as you normally do
- Make sure the amount written in words matches the numerical amount in the box
- Ensure the date is correct and current
- Write the name of the person or organization you are paying on the line that says "Pay to the order of"
- Include any optional memo or note on the memo line
- Keep a record of the check in your checkbook register or other tracking system.

Suppose there is a Fed purchase of bonds and simultaneous tax cut. We know with certainty that this combination of policies must cause:

Answers

Answer:

Expansionary monetary policy

Expansionary fiscal policy

Explanation:

Expansionary monetary policy are policies taken by the Fed to increase money supply in the economy.  the tools used in Expansionary monetary policy are :

1. reducing required reserves ratio

2. open market purchase.

When the Fed purchase of bonds, money supply increases

Expansionary fiscal policy are policies taken by the government to increase money supply in the economy.  the tools used in Expansionary monetary policy are :

1. tax cuts which increases disposable income

2. increased government spending

Discuss the following statements:
The growth in earnings is related to the firm’s profitability.
In the valuation of stocks of different companies, we can assume that the long-term growth rates are the same across companies.

Answers

The growth in earnings is indeed related to a firm's profitability, as higher profitability generally leads to higher earnings. However, assuming that long-term growth rates are the same across all companies in the valuation of stocks is not accurate, as different companies operate in diverse industries and have unique competitive advantages.

The growth in earnings is a crucial factor in assessing a firm's financial performance and future prospects. Earnings represent the company's profits after deducting expenses and taxes. Higher profitability typically leads to higher earnings because a profitable company generates more revenue and has better control over its costs and expenses. As a result, firms with a higher level of profitability are more likely to experience growth in earnings over time. Investors often pay close attention to earnings growth as it reflects the company's ability to generate sustainable profits and increase shareholder value.

However, assuming that long-term growth rates are the same across all companies in stock valuation is not accurate. Companies operate in different industries and have varying competitive advantages, market conditions, and growth prospects. Factors such as technological advancements, regulatory environments, consumer preferences, and global economic conditions significantly influence a company's growth potential. Therefore, it is crucial to consider these industry-specific factors when valuing stocks. Additionally, each company has its own unique business model, management team, and growth strategies, which further differentiate their long-term growth rates.

In summary, while the growth in earnings is generally related to a firm's profitability, assuming that long-term growth rates are the same across all companies in stock valuation is not appropriate. Each company operates in a specific industry with its own set of competitive advantages and growth drivers. Valuing stocks requires a comprehensive analysis of a company's profitability, industry dynamics, competitive position, and growth prospects to make informed investment decisions.

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What is a plan for how much to spend and how much to save of ones earnings called?
A. a wish list
B. a personal budget
C. a saving account
D. an investment portfolio

Answers

The answer is c hoped this helped

Suzie pays her insurance company every month for coverage for her car. This payment is called the ___. deductible premium contribution liability

Answers

Answer:

premium

Explanation:

Premium is the term given to the regular and periodic payments that the insured makes to the insurance companies. Premiums are the payments for the insurance coverage.

Insurance coverage is a contract between the insurance company and the customer. As per the contract agreement, the company provides insurance coverage, and the customer pays premiums. In other words, Premium is the consideration for the insurance coverage.

Acme widgets had an order to process 250 widgets. The first unit required 200 minutes to assemble. Before starting, the company estimated the amount of time it would require to assemble all 250 widgets if they learned at an 85% rate. After assembling all 250 widgets, acme realized they had learned at an 80% rate. How much time less than their estimate did acme take? you should be able to compute the answer within plus or minus 2 hours.

Answers

Acme widgets had an order to process 250 widgets. The first unit required 200 minutes to assemble. After assembling all 250 widgets, acme realized they had learned at an 80 % rate. The time less than their estimate did acme take is : 91.2 hours.

What is the estimated time?

First step is to calculate the cumulative unit

Using the cumulative unit table to determine the range

Cumulative unit :

Cumulative unit = 88.83- 61.47

Cumulative unit = 27.36

Second step is to calculate the minutes requires to assemble

Number of minutes :

Number of minutes = 27.36 × 200 minutes

Number of minutes = 5472

Third step is to calculate  how much time less than their estimate did acme take

Time :

Time = 5472 / 60

Time = 91.2

Therefore we can conclude that acme will take 91.2 hours time less than their estimate .

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well apparently i have 25 points here u go

Answers

Answer:

thank you

Explanation:

you so niceee

Answer:

ez

Explanation:

What type of credit involves a set number of payments at a set dollar amount for a fixed period of time?.

Answers

Installment credit involves a set number of payments at a set dollar amount for a fixed period of time.

What is installment credit?

Installment credit is regarded as a method of credit where the repayment of the amount along with interest is made at regular intervals, and the periodic payments are also fixed. It is also known as EMI.

Hence, the significance of installment credit is aforementioned.

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Discuss how and why promissory estoppel might come in to play when a contract is being discharged, or changed by agreement.

Answers

Promissory estoppel may come into play when a contract is being discharged or changed by agreement, as it prevents a party from going back on their promise if the other party relied on that promise to their detriment.

Promissory estoppel is a legal doctrine that allows a party to enforce a promise made by another party, even in the absence of a formal contract. It typically arises when one party makes a clear and unequivocal promise to another party, who then relies on that promise and changes their position to their detriment. In the context of contract discharge or modification, promissory estoppel can be invoked to prevent a party from reneging on a promise or from demanding strict adherence to the original contract terms.

When a contract is being discharged, promissory estoppel may come into play if one party has made a promise to waive certain contractual obligations or to accept a different performance. If the other party relied on that promise and acted upon it, altering their position or incurring expenses, the party making the promise may be estopped from going back on their word. Similarly, in the case of a contract modification by agreement, if one party makes a promise to accept a new set of terms and the other party relies on that promise, promissory estoppel can be invoked to hold the promising party accountable for their assurances.

Promissory estoppel serves as a safeguard against unfairness and injustice in contract disputes. It prevents a party from taking advantage of their own promise and protects the reasonable expectations and reliance interests of the other party. However, it's important to note that the application of promissory estoppel is subject to certain requirements, such as the need for a clear promise, detrimental reliance, and the absence of an enforceable contract. Courts will consider the specific circumstances of each case to determine whether promissory estoppel should be applied to prevent injustice when a contract is being discharged or modified by agreement.

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determine the capacity requirements for all work centers, assuming all usages are one, and that a new setup is required in each week at each work center.

Answers

The capacity requirements for all work centers can be determined by calculating the total number of units required each week, given that all usages are one and that a new setup is required each week. To do this, you will need to calculate the total number of setups required for each work center by multiplying the number of work centers by the number of setups required per week.

For example, if there are 10 work centers and a new setup is required every week, then 10 setups would be required each week. Once the total number of setups required is known, you can then calculate the total number of units required each week by multiplying the total number of setups by the number of units per setup. For example, if each setup requires 5 units, then 10 setups would require 50 units each week. Therefore, the capacity requirements for all work centers would be the total number of units required each week, which in this example is 50 units.

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If a 20% increase results in a price of $6.36, what was the price before?

Answers

Answer:

$5.09 cents

Explanation:

Given the following question:

20% of 6.36

In order to find the answer, we will calculate using the formula for percentages then subtract that answer from the initial amount to have our answer.

\(\frac{p\times n}{100}\)
\(\frac{20\times6.36}{100}=20\times6.36=127.2\div100=1.272\)
\(=1.272\)

Round:
\(1.272\)
\(2 < 5\)
\(1.27\)

Now subtract:
\(6.36-1.27=5.09\)
\(=5.09\)

After a 20% decrease the price is now "$5.09 cents." Which means this was the price before the 20% increase.

Hope this helps.

enrique wants every member of his team to commit to learning one new skill each quarter. enrique will thank everyone for their commitment to the team with a quarterly luncheon. which major barrier to goal setting is most likely to affect whether the members of his team achieve this goal? inappropriate goals dynamic environment resistance to change improper reward system

Answers

Dynamic environment is the major barrier to goal setting is most likely to affect whether members of his team achieve this goal.

What is dynamic environment?

A dynamic environment is one that is unpredictable and restricts managers' ability to make choices. As a result, managers work to mitigate uncertainty during the decision-making process. Managers must use a decision-making procedure to accomplish this. It was implied that management accounting played a crucial role in the twenty-first century by integrating various information sources and elucidating the relationship between implementation measures and results of each measure. This led to the claim that "the more uncertain the task, the more information that must be processed between decision makers during its execution." It is critical to ascertain how a CEO's propensity for managing risk-taking, product innovation strategies, and degrees of MAS information utilisation may be impacted by a dynamic environment.

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What is the purpose of long-term disability insurance?

Answers

To provide financial support if not working.

1. Which one of the following strategies will result in your paying NO interest to the credit card company?

Paying the minimum monthly payment due each billing cycle

Paying the entire credit card bill in full by the end of each calendar year

Paying off your entire balance every month by the due date

Only using your credit card for purchases, not for withdrawals from the ATM​

Answers

One of the following strategies will result in your paying NO interest to the credit card company is paying off your entire balance every month by the due date.

What is a credit card?

Credit cards provide you with a line of credit that you can use for purchases, debt transfers, and/or cash advances, with the requirement that you repay the loan amount over time.

When using a credit card, you must make at least the minimum payment on the debt each month by the due date.

Thus, the correct option is C, paying off your entire balance every month by the due date.

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The actual ownership of a mutual fund is in the hands of the?

Answers

The actual ownership of a mutual fund is in the hands of the management company/shareholders.

The actual ownership of a mutual fund in the hands of owner, company management or shareholders. A mutual fund is a financial vehicle and its basic purpose is to pool assets from shareholders to invest in securities, bonds etc. Money managers operate these mutual funds. Mutual funds are basically maintained to match the investment objectives that are in its prospectus. These funds give investors access to manage portfolios,bonds etc.

Investors buy these shares in mutual funds and each share represents the investor’s part ownership in the fund. Shareholders, management/company could be the owner of mutual funds if they own shares in mutual funds and have a share in its profit. Mutual funds are basically equity investments , when anyone buys shares of this fund he/she becomes a part owner of that fund.

Therefore management company/shareholders are actual owners of a mutual fund because they own the shares in mutual funds.

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Which of the following statements best expresses how courts treat legal
rules?
A. The court knows that the rules often contradict one another and
must not be taken too strictly.
B. Legal rules must always be upheld to the letter without exception
if law and order are to be maintained.
C. Rules are not important in matters of law because the spirit of
justice is what matters.
D. Rules often allow for exceptions based on the unique set of
circumstances of each case.

Answers

Answer:

B. Legal rules must always be upheld to the letter without exception if law and order are to be maintained.

Explanation:

I only just guessed but I hope this helped u.

Answer:

D. Rules often allow for exceptions based on the unique set of circumstances of each case

Explanation:

a p e x

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