Patrick Hosking, Business Editor
Win a fitness package worth more than £3,000
The customer lifecycle of Club Penguin, the social networking site sold to
Disney yesterday, goes like this, if one columnist’s experience is any
guide.
Day 1: Son hears of website in playground and logs on.
Day 5: Son begins pestering dad to sign up for paid-for version.
Day 10: Dad capitulates and agrees $5.95-a-month direct debit.
Day 20: Son tires of website.
Day 199: Hopeless dad gets round to cancelling direct debit.
Peer pressure, pester power and parental inertia make for a compelling business model. But $700 million may prove a Dumbo-sized price tag for a bird less than two years old.
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