I had around 50,000 free readers per month on my Medium blog. I transitioned to this paid blog and 99.8% of those readers chose not to pay.
At $2 per month, it's not that my product is overvalued, it's that knowledge and entertainment have been devalued.
Here's another example...
Over 98% of their fans choose not to pay.
People want everything for free.
It Happens to Celebrities Too
Below are the top comments I read on Ricky Gervais' post about his new podcast.