Quote:
Originally Posted by Relentless
The industry does a terrible job identifying customers. Look at casinos and mobile game companies, some like double down have a foot in each of those arenas. Their entire business is built on understanding 90% of the visitors are worth less than the top ten percent of consumers.
Webcams make money because a small part of the visitors can pay an uncapped amount for their content. When you have fixed pricing at $30 per month you are asking too much from people who might pay a few bucks, but even more importantly you are only getting $30 from someone who is willing to pay a whole lot more.
Recurring billing is no longer the answer, getting the maximum revenue per visitor is much harder now, and much more important.
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I think the industry does a great job at identifying customers. Most want it for free and we give it to them. Those who do pay want to download as many scenes as possible at the best speed possible. So instead of paying monthly to see movies they can download a year's supply for $30.
Yes, they are willing to pay more, they used to, we made paying an unnecessary chore and even a risk. Do you see drug dealers giving it away for free when they have the addicts hooked?