Quote:
Originally posted by J.R.
Why doesn't someone plug in the info into Excel.. and see where it takes them ?
1000 people Month one at 10.00 ( 50 % retention )
VS.
250 people Month one at 29.95 ( 20 % retention )
Build on that...
The tour that I am talking about in this thread is
doing 20-30 sales everyday at 10.00.
The retention has been 60% or better for each sale.
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Can you throw a column in a spreadsheet that factors in the competition you are creating? I didn't say you would make less money off the bat, I'm very sure you convert and retain much better. Well guess what, as soon as everyone catches on $10 sites will be the norm and some big "innovator" is going to come along with $5 premium sites. Once the competition picks up on that your $10 sites conversions and retention will start to drop.
How low are you willing to go and how much extra b/w, customer support, etc are you willing to provide in the name of retention? Like I said, I have some nice domains for cheap sites well under $10 a month but no way in hell I'm putting tens of thousands of $$$ in content behind the join page.
In my opinion, this will end up being worse on the industry as a whole than TGP's have been. Once you charge $10, $5, or whatever for the same content you once charged $30 or $40 for you won't be able to charge that same surfer full price again.