Quote:
Originally posted by uchase/webpry
... man, no offence, I simply like their site and I have heared from numerous sources that their concept works.
I also like the stuff you have in your portfolio, please don't hate me for that.
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Does it really work?
Over 75% of our revenue from the Internet Group continues to be generated from monthly memberships to TEN.com. However, we have seen this revenue erode over the past several years since the traffic volume to TEN.com has not generated enough new monthly sign-ups to offset the cancellations in our membership base. The decline in membership revenue has slowed over the past several quarters as new marketing efforts have increased traffic to TEN.com, generating monthly sign-ups that are close to or slightly exceeding our monthly cancellation rate. We will continue to focus on ways to generate profitable traffic during the 2005 fiscal year in order to reverse the decline in membership revenue from TEN.com.