Quote:
Originally Posted by dgraves
I thought of this model after starting the Gloryhole site and would have liked to try it but not sure how or if I could transition at this point. I think something like this would work for fetish/niche content.
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Do some A/B split testing, the model that wins stays?
I wouldn't limit it to niche / fetish content, look at systems like iTunes, Amazon MP3 shopping etc. or friggin Angry-birds for that matter...
A system like this can be very profitable - where I do see the issue with true micro-payment billing (1.99 , 0.99 etc) compared to token based (buy X amount of "virtual currency") is the risk management - with micro-payments you have many small transactions which can push you out of your CB comfort-zone very quickly... whereas with a token-based system there are less transactions and less likely to be charged back because the user actually decides what to spend the virtual currency on - also giving them back some virtual currency for a wrong click / buy here and there will not bother you by far as much as giving a full credit of say 29.95.