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Originally Posted by AlmightyJim
Tony the number one rated site by the majority of review sites is Videobox that was one of the first to try the $9.95 price point for it's basic service with an available udgrade/upsell. Based on how well this business model works I am surprised more have not given this price point a try.
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They have very unique technology, that took a great deal of time to create and money. I don't know of any other site on the 'net doing what they are doing.
Paysites have tried this, it doesn't work. You can't offer a $10 membership, cut access like we have to in paysites, and still get upgrades without serious complaints.
The standard $10 a month price point has been tried and failed. It appears that anything under $19.95 (or so) is pretty much pointless if it's a standard subscription based paysite.
Adapting this would cost most Companies prob, 50k-100k - for a chance.
Quote:
Originally Posted by AlmightyJim
Articles are being written weekly and threads posted daily about this but you must realize that GREED and the lure of easy money is probably the most powerful influence of any in this particular industry.
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It's not so much greed.. I had $20 memberships and was making about $20k a month. Duke told me to bump them to $29.95 - just to see what happens (he wanted to show me what it did for him)... In the very short term, it increased my net by $10k a month...
Now the compound of that is off the chart. That isn't greed, it's smart business.
People charging $40 a month, still have 50% trial to conversions. Even if they convert better, they would take a major drop in overall company net revenues. It's not greed, it's saving your business....
Quote:
Originally Posted by AlmightyJim
Until this industry creates some type of watchdog association or governing body, which will NOT happen, to monitor questionable business practices then I am afraid very little will change in terms of how business is currently being conducted. It seems that GREED over ETHICS is the current mantra of this industry and that is a very unstable state to be in.
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As you said it won't happen, but even so we don't need another association that does nothing. Just like trying to get forums to ban against sponsors does nothing.
It comes down to people like you and me and others reading this thread, to bash, smash, cuss, yell, complain and bitch until every person knows the truth about every skum bag in this business. On every forum, blog, your webmaster submit pages...
Even review sites, they have surfer comments that just bash "EVERY" skum program, yet they still promote them.
We don't need an association - All Webmasters just need to a grow a set of balls.