Quote:
Originally Posted by Robbie
Humboldt.
And I did some further checking into that. It's not just the processor fee. It's a bunch of little things including the processor fee, phone support, gateway fees, etc., etc.
And I got them to lower the down considerably after I raised hell and pointed out this thread.
So thanks guys!  |
lol thats funny....
How much are you paying for everything else, maybe the GFY crowd can help save you more money.... you paying how much for hosting... no way that is too high!!! lol.
Quote:
Originally Posted by ShellyCrash
I also feel looking at netflix is an apples to oranges example as well.
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Netflix reducing their prices you are right is a bad example of why porn sites should reduce their price. I also mentioned netflix in an analogy in this thread (that seemed to go over some people's heads) but to show why netflix could demand a good monthly membership price every month.
Netflix has 10,000+ movies for you to choose from but only allows you to rent a couple videos at a time. The most you could watch is 20-30 or so a month. Opposed to a regular picture and video website where you join and could browse all of the videos and pretty much watch everyone you want and download the ones you like the best with in the first month. Basically regular pic and vid sites give away the house in the first month and then add very very little new stuff for subsequent months but continue to charge full price. So most people cancel after the first month because they have seen everything the site has to offer. Netflix is smart, due to the nature of how they are set up, that you will likely stay a member for years because you will never come close to watching more than a fraction of the movies they offer.
Regular picture and video sites need to find ways to retain value and not give it all away in the first month if they expect people to rebill (on purpose). I believe what Robbie mentioned, if the sites produces really good custom, quality content, then it can get a following of people who will rebill to see those 10-20 new videos a month. But most pic and vid sites don't have that type of quality custom content.
I think most people fail to see why retention rates are so low... Obviously they managed to get the person to sign up but then most cancel with in the first month why? Maybe they were horny and just needed to get off so once they busted the nut they had buyers remorse and canceled, or maybe they looked at everything you had to offer picked through the good shit saved it and your "updates" just weren't worth dropping another $30 a month for.