GoFuckYourself.com - Adult Webmaster Forum - View Single Post - Micropayment Trial

DannyW · 04-16-2003, 12:59 AM

Hi Meatloaf,

You're absolutely right about needing the mass of surfers and webmasters. Its a chicken and egg problem, and it has stumped every previous attempt at micropayments. Without lots of users, it isn't attractive to webmasters. Without lots of sites, it isn't attractive to surfers. So it would go nowhere without someone taking the first step.

We can't solve that problem on our own, and in any other industry the product wouldn't have a chance of getting off the ground.

But if the adult industry chooses to make it work, it can, and so far it looks like we're on the way. The way to get that mass of surfers is through the existing high-traffic adult sites.

All being well, we should soon have a lot of part-free / part PAYC galleries on existing high-traffic TGPs. These galleries will automatically pay a proportion of their PAYC income to the TGP that sent the traffic. Even before the PAYC income becomes significant, they will still be upselling to subscription sites, so nobody loses by building or listing these galleries.

Once surfers are exposed to a large number of these galleries with the extra pics or video clips costing just a few cents, we'll start getting them signing up.

Once we start getting the signups, it becomes more attractive to webmasters, and more attractive to surfers. More surfers mean more sites, more sites mean more surfers - the effect snowballs.

Once it is at that level, you could see a substantial amount of free porn move to PAYC, which will drive UP the subscription income for sites that choose that model. You would no longer have to moan about free porn and TGPs - TGPs would be the life blood of the industry.

Once we're getting the volume through, we can negotiate better processing rates, and I would expect our rate to drop down nearer 20%.

But at these early stages, we're paying 15%+5% holdback for processing, 10% for our costs, bandwidth, development, chargeback fees etc, and the referral commissions add another 10-20%. The referral commissions are designed to provide a massive reward to the early adopting webmasters - its designed to help crack this chicken and egg problem.

So we don't have the luxury of dropping our "headline" rate down to 20% - and you have to remember your PAYC income is ON TOP of what you're currently getting from subscription partnerships.

If our product is truly successful, the benefits for the whole of the adult industry are immeasurable. And we've constructed the payment model so nobody should lose a penny by trying it, and get rapid extra income if it works.

Try it. You have so much to gain, and nothing to lose.

Regards,

Danny
ICQ : 175562783

04-16-2003, 12:59 AM
DannyW Confirmed User Join Date: Feb 2003 Location: Bristol, UK Posts: 117	Hi Meatloaf, You're absolutely right about needing the mass of surfers and webmasters. Its a chicken and egg problem, and it has stumped every previous attempt at micropayments. Without lots of users, it isn't attractive to webmasters. Without lots of sites, it isn't attractive to surfers. So it would go nowhere without someone taking the first step. We can't solve that problem on our own, and in any other industry the product wouldn't have a chance of getting off the ground. But if the adult industry chooses to make it work, it can, and so far it looks like we're on the way. The way to get that mass of surfers is through the existing high-traffic adult sites. All being well, we should soon have a lot of part-free / part PAYC galleries on existing high-traffic TGPs. These galleries will automatically pay a proportion of their PAYC income to the TGP that sent the traffic. Even before the PAYC income becomes significant, they will still be upselling to subscription sites, so nobody loses by building or listing these galleries. Once surfers are exposed to a large number of these galleries with the extra pics or video clips costing just a few cents, we'll start getting them signing up. Once we start getting the signups, it becomes more attractive to webmasters, and more attractive to surfers. More surfers mean more sites, more sites mean more surfers - the effect snowballs. Once it is at that level, you could see a substantial amount of free porn move to PAYC, which will drive UP the subscription income for sites that choose that model. You would no longer have to moan about free porn and TGPs - TGPs would be the life blood of the industry. Once we're getting the volume through, we can negotiate better processing rates, and I would expect our rate to drop down nearer 20%. But at these early stages, we're paying 15%+5% holdback for processing, 10% for our costs, bandwidth, development, chargeback fees etc, and the referral commissions add another 10-20%. The referral commissions are designed to provide a massive reward to the early adopting webmasters - its designed to help crack this chicken and egg problem. So we don't have the luxury of dropping our "headline" rate down to 20% - and you have to remember your PAYC income is ON TOP of what you're currently getting from subscription partnerships. If our product is truly successful, the benefits for the whole of the adult industry are immeasurable. And we've constructed the payment model so nobody should lose a penny by trying it, and get rapid extra income if it works. Try it. You have so much to gain, and nothing to lose. Regards, Danny ICQ : 175562783 __________________ SIG TOO BIG! Maximum 120x60 button and no more than 3 text lines of DEFAULT SIZE and COLOR. Unless your sig is for a GFY top banner sponsor, then you may use a 624x80 instead of a 120x60.