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Old 07-02-2010, 06:43 AM  
Paul Markham
Too old to care
 
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Industry Role:
Join Date: Jun 2001
Location: On the sofa, watching TV or doing my jigsaws.
Posts: 52,943
Quote:
Originally Posted by crazytrini85 View Post
How many program owners or webmasters in general do you know who actually know anything about business? Not many. They all got lucky and rode the luck and timing train in the industry. Now that it takes some business mind to run a business, they are failing.

Most people in this business flunked business 101.
Very true. Most people in this business had very little clue about the porn business and the product. They know how to program a site and send traffic. As for business 101, most never took that class.

Quote:
Originally Posted by $5 submissions View Post
What's the probability of MasterCard/Visa cracking down on rebilling for "high risk" category transactions like online adult?

What would the effect be, long term and short term, on the industry?
How much income is from people who signed up and forgot about being members for months after months? Yes very little. They're members who are consuming the product. If they don't rebill they will on another site. So it will mean more leave as more join.
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