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Getting anyone to sign up and pay AT ALL for a porn site is an accomplishment these days. Let alone having them rebill.
I quit the biz around the time you joined, 2008/2009. I still read forums and keep up on stuff, but as you said, the 'golden age' is over. The signups died off dramatically in the last half of the first decade of the 2000's.
In my case i went from earning six figures steadily for 8 years straight, to barely making it into 5 figures the final year i ran my sites. And i did have a lot of exclusive content and steady updates. But as others have said, nothing beats free.
Several things came into play in the mid 2000's to account for the dropoffs. More widespread high speed internet meant more people could join sites and download all of their content in a matter of days, then quit.
Torrent sites became more popular, as well as blogs with links to direct downloads of pirated scenes etc.. and more people educated themselves on how to use them and realized they didn't have to pay. So really to get any rebills is a feat in and of itself as that means you had a signup to begin with.. lol
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