Qtik Attempts to Bring Online Content Sites Together: A Subscription Clearinghouse in the Making? (free registration required): A story I did today on Qtik, a startup attempting to become an online subscriptions clearinghouse. In essence, the idea is simple: start a service where many content sites come together, the user has a choice of which sites to subscribe to, pays a flat fee for access to those sites, has a single sign-on to the network, and then the member fee is apportioned to the sites based on different criterion.
The Qtik service works like this: a content website signs up with Qtik, and uses Qtik software code on its webpages. Anytime a user accesses the restricted website/page, he/she will be directed to login, if he/she is already a member, or directed to the signup page for Qtik service, where the user subscribes using the PayPal online payment service.
As for revenues for the content site: any new member signed through the specific content site would mean a 25 percent share of the Qtik member fee. Besides, users will be asked to rate their top three sites, and if a site is in the user’s most favorite site for that month, it gets 25 percent of his/her membership fee, while the second favorite gets 15 percent and the third favorite gets 5 percent. Qtik keeps the rest.
The service, which currently costs $1 a month, gives users access to all the sites within the Qtik network, and does not require separate login when a user moves from one site to another. Of course, since the service is very new–a month in beta–only five sites are in the network currently.
When the number of sites in the network reaches 100, the Qtik service will cost $5 a month and when it reaches 500 sites or more, it will cost $9.95.