Thoughts on CCBill's new toy? (Caution, biz thread)

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  • MikeSmoke
    Confirmed User
    • Nov 2002
    • 3241

    #1

    Thoughts on CCBill's new toy? (Caution, biz thread)

    I'm really torn on the ability to bill international customers "higher" rates in their own currency because of the decline of the dollar.

    On one hand, any added revenue would be nice.
    On the other hand, I'm concerned that a sudden 50% price increase (after holding prices steady for years) would dissuade regular international customers (and I have a ton of them) from joining.
    And on the other other hand, I'm wondering if I'm actually getting *more* international joins (I haven't tried to break that down) because the site is "cheaper" for them now and they're more willing to sign up. If that's the case, it would mean that I'm still getting the same dollar amount for their joins, just more joins, meaning more dollars in my pocket - so maybe the fall of the dollar is actually a good thing for total revenue?

    Any thoughts?

    icq: 541-739-92
  • tony299
    lurker
    • Aug 2002
    • 57021

    #2
    If I see the same money I dont know if its worth it if it scares people away but who knows if it stops someone from buying.

    Comment

    • Blazed
      Confirmed User
      • Jun 2006
      • 1701

      #3
      Most international surfers are aware of the exchange rate and switching to their own currency would put them off and make them look elsewhere imo.

      One of the examples a guy from ccbill used to justify it is wrong, he said dell charge the same number in $ as they would in £ for example, but this is incorrect if an item is $5000 in america it is £2500 in the uk, not £5000.
      Last edited by Blazed; 04-03-2008, 04:29 PM.

      Comment

      • webmasterchecks
        Confirmed User
        • Oct 2006
        • 1685

        #4
        well, i would check to see how many returning customers you have versus new ones, be good data to look at

        and you can always set up a script to have returning users enter in an email address, you query a database to see if they are a returning member, and if so, send them to the signup page with the old price points, if not, they proceed to the signup page with the special pricing
        Webmasterchecks Affiliate Payments - fully compatible with nats/mpa3

        Comment

        • crockett
          in a van by the river
          • May 2003
          • 76818

          #5
          Why not just slightly raise the rate and test the waters.
          In November, you can vote for America's next president or its first dictator.

          Comment

          • IllTestYourGirls
            Ah My Balls
            • Feb 2007
            • 14311

            #6
            If you are based in the US I would not convert to other currencies. Exporting is where it is at if you are in the US. Our products are dirt cheap now. Paysites are a form of exporting and your memberships are looking tastier at the newer lower prices. Would I be wrong in that thinking?

            Comment

            • BVF
              Black Vagina Finder
              • Jan 2002
              • 13975

              #7
              I just enabled mine without hesitation.....More money for me.

              It's nice being in a micro-niche...

              Black Pussy
              Click On Mr Cosby..CCbill, 60/40, 136 FHG's....The Cos Loves Black Ghetto Pussy!!

              Comment

              • MikeSmoke
                Confirmed User
                • Nov 2002
                • 3241

                #8
                Originally posted by webmasterchecks
                and you can always set up a script to have returning users enter in an email address, you query a database to see if they are a returning member, and if so, send them to the signup page with the old price points, if not, they proceed to the signup page with the special pricing
                That is an *excellent* idea

                icq: 541-739-92

                Comment

                • MikeSmoke
                  Confirmed User
                  • Nov 2002
                  • 3241

                  #9
                  Originally posted by BVF
                  I just enabled mine without hesitation.....More money for me.

                  It's nice being in a micro-niche...
                  But how many returning type-in customers do you have who've joined many times before at the old price point? That's the key question in my mind...

                  icq: 541-739-92

                  Comment

                  • Altheon
                    Confirmed User
                    • May 2004
                    • 506

                    #10
                    Sounds like a basic economics question. If there is a presence of substitutes i.e. the demand for your site is elastic then charging a higher price will drive those surfers to a competitor. If you have a very specialized niche which is far more inelastic then you could bump up the price and still convert/retain.

                    Just a thought...
                    -A

                    Comment

                    • MikeSmoke
                      Confirmed User
                      • Nov 2002
                      • 3241

                      #11
                      Originally posted by Altheon
                      Sounds like a basic economics question. If there is a presence of substitutes i.e. the demand for your site is elastic then charging a higher price will drive those surfers to a competitor. If you have a very specialized niche which is far more inelastic then you could bump up the price and still convert/retain.

                      Just a thought...
                      -A
                      Very true...and it's one of the things that factored into my thinking - there are substitutes, but I've always competed more than successfully with them based on a slightly lower price point ($1, believe it or not lol) plus better content. But their content is "satisfactory" to most people so I'm worried a sharp price increase would make a major difference in return signups.

                      icq: 541-739-92

                      Comment

                      • Shoplifter
                        Richest man in Babylon
                        • Jan 2002
                        • 5849

                        #12
                        We dropped it after a short test.

                        But test it out for sure.
                        I Like Blondes

                        Comment

                        • BV
                          wtf
                          • Sep 2001
                          • 10914

                          #13
                          The exclusive content / specialized niche argument is moot in this equation because you should already have that considered into your price now.

                          I am going to say no for now. IMO I am better off letting them have a deal. Cheaper is always better for retention (revshare) based on my experiences.

                          I see a huge increase in Euro joins lately. I'm sure it's because of the higher value of the Euro over the USD.

                          If it ain't broke don't fix it.

                          CCBill should know what they are doing though, that's what makes me want to try it because I doubt they would promote something that would hurt their bottom line.

                          Comment

                          • Hell House Vic
                            Pay to Cum
                            • Aug 2004
                            • 1029

                            #14
                            i heard about this in phoenix.
                            thought it over.
                            enabled today.

                            Contact Me - ICQ: 206851710 eMail vic (at) hellhousemedia (dot) com
                            'Satanism is like Capitalism for teens' - Ty HellHouse

                            Comment

                            • mikesouth
                              Confirmed User
                              • Jun 2003
                              • 6334

                              #15
                              personally I think CCBill would have served its customers much better by implementing direct deposit

                              but hey what do I know
                              Mike South

                              It's No wonder I took up drugs and alcohol, it's the only way I could dumb myself down enough to cope with the morons in this biz.

                              Comment

                              • BiggleJones
                                Confirmed User
                                • Dec 2002
                                • 2276

                                #16
                                Originally posted by mikesouth
                                personally I think CCBill would have served its customers much better by implementing direct deposit

                                but hey what do I know
                                Well the two topics are completely unrelated...but thanks for trying

                                Comment

                                • Fizzgig
                                  Registered User
                                  • Feb 2004
                                  • 9649

                                  #17
                                  i think I'll just keep charging dollars for now. I'm still paying in USD for plugins, hosting and domains.
                                  ---'-,-{@ Sassy Grrrl @}-'-,---

                                  Comment

                                  • BVF
                                    Black Vagina Finder
                                    • Jan 2002
                                    • 13975

                                    #18
                                    Originally posted by MikeSmoke
                                    But how many returning type-in customers do you have who've joined many times before at the old price point? That's the key question in my mind...
                                    It doesn't matter.....they'll pay anyway....My prices have gone from 19.95 to 24.95 to 29.95.....I could charge 34.95 and still get away with it...30 euros is a very fair price for all that they get in my members area.

                                    Black Pussy
                                    Click On Mr Cosby..CCbill, 60/40, 136 FHG's....The Cos Loves Black Ghetto Pussy!!

                                    Comment

                                    • webmasterchecks
                                      Confirmed User
                                      • Oct 2006
                                      • 1685

                                      #19
                                      Originally posted by BVF
                                      It doesn't matter.....they'll pay anyway....My prices have gone from 19.95 to 24.95 to 29.95.....I could charge 34.95 and still get away with it...30 euros is a very fair price for all that they get in my members area.
                                      your surfers will just figure they were on crack when they saw the prices the last time, and would enter their information and submit ;)
                                      Webmasterchecks Affiliate Payments - fully compatible with nats/mpa3

                                      Comment

                                      • signupdamnit
                                        Confirmed User
                                        • Aug 2007
                                        • 6697

                                        #20
                                        Originally posted by BVF
                                        It doesn't matter.....they'll pay anyway....My prices have gone from 19.95 to 24.95 to 29.95.....I could charge 34.95 and still get away with it...30 euros is a very fair price for all that they get in my members area.
                                        Exactly. I get pissed when I see a good ccbill program in a microniche offering a $3 trial or a $12 membership. Total waste. I know 90% of the ones who sign up for the trial would have jumped on $29.95.

                                        You don't like my posts? Put me on ignore or fuck right off. I'll say what I want.

                                        Comment

                                        • BVF
                                          Black Vagina Finder
                                          • Jan 2002
                                          • 13975

                                          #21
                                          this is what's crazy....something told me to check my stats because I felt that I got my first european sale.....I did but it's in Great Brittain and I see that they don't match the pound up with the dollar like they do the euro....So the FIRST suggestion that I have is that the pound is set up the same way.

                                          Off of a 29.95 sale:

                                          £15.79(GBP) for 00030 days followed by £15.79(GBP) every 30 days.

                                          I could have made near $50 on this sale alone.
                                          Last edited by BVF; 04-04-2008, 05:46 AM.

                                          Black Pussy
                                          Click On Mr Cosby..CCbill, 60/40, 136 FHG's....The Cos Loves Black Ghetto Pussy!!

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