You know how many people value your paywalled content at your subscription price, but you don’t know how many people would value it at a lower amount.
Thus, the knowledge you get from subscription data almost certainly understates the total net value that would be unlocked for a fixed amount of work if your writing were free. (That’s not to suggest that you should feel any obligation to share your baby outfit insights with the world for free.)
That’s much less of a drawback where each marginal unit of production incurs a substantial resource cost.
You know how many people value your paywalled content at your subscription price, but you don’t know how many people would value it at a lower amount.
Thus, the knowledge you get from subscription data almost certainly understates the total net value that would be unlocked for a fixed amount of work if your writing were free. (That’s not to suggest that you should feel any obligation to share your baby outfit insights with the world for free.)
That’s much less of a drawback where each marginal unit of production incurs a substantial resource cost.