At this time, the importance of payment software is reflected.
“If we cooperate with NewPay, from negotiation to interface docking to functional testing, it will take a month or even longer even if we work overtime every day.
It is almost impossible to launch the paid Q&A function in a short period of time.
As for other electronic payment software, they lack standardized interfaces and take longer to connect. " said the head of the technical department responsible for Yahoo's Q&A community.
Jerry Yang scratched his head. He was very upset about this situation. He knew that when Yahoo Answers was launched, it would be useless to invite 30, not to mention only 13 Nobel Prize winners.
Originally there were 10 people, but then 3 more were invited.
Quora once again leads the way. Paid Q&A seems to be just a feature update, but in fact it is a subversion of the entire Internet industry.
Before Quora, there had never been an application that allowed ordinary people to make money solely through Internet services.
A model similar to Amazon and Ebay is equivalent to moving offline transactions online.
At this time, Google's ad distribution model had not yet been born.
Therefore, Quora’s paid Q&A has had a huge impact on Internet practitioners and even everyone.
Ordinary people can also benefit from it. If you become a big V, you can benefit from answering paid questions. If you are not a big V, you need to ask an attractive enough question.
There is no such thing as a big V.
“We need to find a way to stay ahead of Quora, rather than just copying a feature from Quora to Yahoo Answers like it is now.
If we are chasers, not only will we not be able to gain recognition from users, we will also be exhausted and fall into this vicious cycle of chasing. "Kevin said.
Jerry Yang asked back: “The problem is that without paid Q&A, users won’t want to use Yahoo Q&A.
After the paid Q&A function is launched, ordinary Quora users can also ask questions, but their questions need to be answered before they can be seen by all users.
But users can also enjoy the benefits. Once they are answered, they will gain exposure and may earn excess profits.
Paying to ask questions on Quora has become a matter of risk and reward, while answering is risk-free.
This further motivates Quora users to become well-known in the community and stimulates them to have more motivation to answer questions.
I also browse Quora myself. From my observation, after the paid Q&A function was launched, the number of answers on Quora has more than doubled.
Whether it is user activity or user loyalty, Yahoo cannot compare with Quora.
Now we can only follow the online paid Q&A function and learn from Newman and Bill Gates to build momentum.
Of course, this does not mean that we need to do this all the time. Our product development team needs to develop features that are distinctive enough.
We can’t always copy Quora, we must also let Quora copy us. "
This will only be Yang Zhiyuan's own wish, which will be difficult to realize.
The most popular question on Quora during this period is: "What do you think of Quora+, the paid Q&A function launched by Quora?"
In just one week, there were more than 5,000 responses.
"To put it simply, I was stupid, I never thought I could play like this.
I like Quora very much, I like the environment here, and the answerers and questioners here.
As a product manager, Quora can bring me a lot of inspiration. Professionals from different fields gather here, and everyone does not hesitate to share their experience and wisdom.
Before Yahoo Answers was going to be launched, I was very worried about Quora. I was worried that users would be attracted by Yahoo Answers. The number of Quora users would decrease, and the quality of answers would decline, leading to a vicious cycle.
I don’t want my favorite online community to fade away. Moreover, when Yahoo Answers advertised in various ways, Quora had no intention of fighting back. I thought Quora didn’t have a good solution.
It turned out that I was wrong. Newman is indeed the greatest product manager in Silicon Valley. The paid Q&A feature not only dealt a heavy blow to Yahoo, no one cared about what Yahoo Q&A was, and no one wanted to experience Yahoo Q&A.
At the same time, it also establishes a brand for Quora, not just Yahoo, but also other knowledge question and answer communities. If they want to enter this field, they need to consider one question, that is, should they do paid question and answer?
If it does, currently only NewPay can be selected for electronic payment, and the user base of other electronic payments is far from enough.
And NewPay is also Newman's company, so whether it will cooperate with this needs a big question mark.
In addition, let’s talk about paid Q&A separately. This makes it possible for ordinary users to make money on the Internet, and make money steadily.
I don’t recommend that you pay to ask questions, because even if you ask a good question, it is completely unknown whether other users will think it is a good question and are willing to pay to see the answer.
Unless you really have questions yourself and think the answer from the person being asked can help you. For example, if you have questions in a professional field or about further studies or employment, you need to ask experienced people. You can ask them this way.
Asking questions with the purpose of making money depends entirely on luck, and I don’t recommend it.
So how to make money stably? Become a Quora answerer, steadily output high-quality content, and let others ask you questions.
This is a stable income, and at the same time there is the possibility of making a lot of money.
Even without Quora, you would still export your opinions on the Internet. With Quora, you can not only gain attention but also make money by exporting your opinions on the Internet.
I know friends who are engaged in finance. Before the advent of paid Q&A, they valued Quora at about one billion US dollars, and it would only be worth this price if it went public.
After the paid Q&A came out, the valuation doubled directly to US$2 billion, and as long as Newman was willing to open an angel round of financing, they were willing to invest unconditionally.
This is the best example of how much a top product manager’s ideas are worth. "
Zhou Xin himself also answered this question:
“People often praise me as the best product manager. In fact, I don’t think so myself. I just moved some common phenomena in life to the Internet.
Quora and paid Q&A are such products. Some real-life questions will be answered for you for free, and some will require you to pay to get the answer.
The education each of us has received since childhood is actually a process of answering questions. This process requires payment of tuition fees. Of course, there is also free education with relatively low cost.
You can think of Quora as free education, and Quora+ as paid education.
We do not set a threshold on Quora+. Everyone can use Quora+ to ask questions, and you can choose the amount you are willing to pay, ranging from $20 to $100.
What product managers need to do is to realize real-life needs through the Internet. It is difficult to convert real-world requirements without distortion. At the same time, product managers need to optimize some unreasonable requirements into reasonable requirements and implement them. "
There will be more at night
(End of chapter)
