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Discuss what's fucking going on, and which programs are best and worst. One-time "program" announcements from "established" webmasters are allowed.

 
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Old 02-06-2004, 11:09 PM   #1
J.R.
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Profits HUGE from $10.00 sites

Who would have figured that lowering a membership site
to $10.00 from $29.95 would actually raise the members
base and profits.

I tested this for the last month.

Sales doubled and tripled and... the members
base grew overnight.

Retention jumped to 65 to 75%!!!

Wow.. in a few months, we will be kicking ass
with this tour.

Oh well, back 2 work!
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Old 02-06-2004, 11:11 PM   #2
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Yea, 10.00 sites really kick ass
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Old 02-06-2004, 11:13 PM   #3
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Yah, I was actually gonna try it 2 years ago and never got around to it.
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Old 02-06-2004, 11:18 PM   #4
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heh maybe I should actually do something with my 9dollarporn.com sites
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Old 02-06-2004, 11:22 PM   #5
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I was bored one night so I calleded up Epoch
and got a code for 10.00 and 10.00 recurring.

Joins JUMPED overnight.. if this continues, we will
make more money in just a few months then if
we sat for 1 year with this tour.

I couldn't believe it.
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Old 02-06-2004, 11:24 PM   #6
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It was only time for all to see..
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Old 02-06-2004, 11:25 PM   #7
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$10 is nothing to spend so conversions should improve as well as rebills with a lower membership fee.

Concern though is having 3x the users accessing your content. Bandwidth bills and those content plugins billed based on # of users would increase.
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Old 02-06-2004, 11:34 PM   #8
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I was only converting at 1:1000 with my membership at $39.95 a month, so I dropped my price to $10 and now I am doing 1:300!!!! Joins jumped 300%! It's amazing!! $10 rules!

(this board needs a good eyes rolling smilie)
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Old 02-06-2004, 11:42 PM   #9
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Any reccuring $10 sites for webmasters to promote ?
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Old 02-07-2004, 12:12 AM   #10
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Quote:
Originally posted by gleem
I was only converting at 1:1000 with my membership at $39.95 a month, so I dropped my price to $10 and now I am doing 1:300!!!! Joins jumped 300%! It's amazing!! $10 rules!

(this board needs a good eyes rolling smilie)
So actually with - let's say - 100k traffic you made $3,995 before and are now making $3,333
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Old 02-07-2004, 12:13 AM   #11
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I was thinking of doing that $10 recurring.. it could be huge!
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Old 02-07-2004, 12:15 AM   #12
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Nice!
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Old 02-07-2004, 12:17 AM   #13
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Quote:
Originally posted by jennycards
So actually with - let's say - 100k traffic you made $3,995 before and are now making $3,333
you're not seeing the big picture

those $10 rebills will last longer, in time he is making more money on the same traffic
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Old 02-07-2004, 12:19 AM   #14
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Nice. What types of sites/content do you think work best for a $10 deal?
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Old 02-07-2004, 12:37 AM   #15
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Quote:
Originally posted by gleem
I was only converting at 1:1000 with my membership at $39.95 a month, so I dropped my price to $10 and now I am doing 1:300!!!! Joins jumped 300%! It's amazing!! $10 rules!

(this board needs a good eyes rolling smilie)
haha!!! You lose 6.6 from every signup+more bandwich. Mathimatics The thing is in rebills. What is Your retention now?
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Old 02-07-2004, 12:40 AM   #16
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Quote:
Originally posted by J.R.
Who would have figured that lowering a membership site
to $10.00 from $29.95 would actually raise the members
base and profits.

I tested this for the last month.

Sales doubled and tripled and... the members
base grew overnight.

Retention jumped to 65 to 75%!!!

Wow.. in a few months, we will be kicking ass
with this tour.

Oh well, back 2 work!
Your trials were already $7 or $8 so jumping to $10 wasn't that big of a thing....but seeing what kind of long term retention you can get with $10 a month will be interesting.
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Old 02-07-2004, 12:53 AM   #17
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Anyone want:

10 Buck Fuck.com
Ten Buck Fuck.com

10 Buck Fucks.com
Ten Buck Fucks.com

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Old 02-07-2004, 01:02 AM   #18
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This is just plain stupid.

Yes retention is longer because pretty much no site offer these yet... with the quality.

Once all sites will offers $10 monthly members, people will leech and move on the other $10 paysite so the rebills will be pretty much the same.

Bottom line is $39.95 is too high and $10 is too low. Stick to 24.95
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Old 02-07-2004, 01:07 AM   #19
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I love watching people do something good then taking every step to insure that it is blown so far out of the water it doesn't work good anymore.


Bravo!
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Old 02-07-2004, 01:17 AM   #20
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I've never tried them at that price, but I imagine I will at some point.
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Old 02-07-2004, 01:19 AM   #21
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Quote:
Originally posted by stocktrader23
I love watching people do something good then taking every step to insure that it is blown so far out of the water it doesn't work good anymore.


Bravo!

amazing isn't it?


you can generally witness this at least once a week if you watch the board enough...


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Old 02-07-2004, 01:22 AM   #22
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I love watching people do something good then taking every step to insure that it is blown so far out of the water it doesn't work good anymore.


Bravo!
It's no big deal at this rate we're only 6 months away from all the big sponsors talking shit about their big new annoucement for Internext $5 site, can you believe more people sign up! Well no shit.

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Old 02-07-2004, 01:23 AM   #23
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It's no big deal at this rate we're only 6 months away from all the big sponsors talking shit about their big new annoucement for Internext $5 site, can you believe more people sign up! Well no shit.

You obviously haven't seen the domains I reg'd.
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Old 02-07-2004, 01:24 AM   #24
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Additionally I would think if a surfer is willing to sign up at $30 there's no doubt they are willing to rebill provided you are offering what you said you were offering and making sure you update regularly. Why would retention be so much better at $10, maybe slightly better but over time it will even out. People aren't buying at $10 because you've just presented them something so great they have to get their cards out, half of them are buying because it's cheap and they can cancel in a month if it sucks.

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Old 02-07-2004, 01:39 AM   #25
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We offer all the same content as many other members
rebilling at 29.95 and 39.95

I think 10.00 will prove to offer longer retention.

Hell, a porno mag in a store is 5 to 8 each.
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Old 02-07-2004, 01:53 AM   #26
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We offer all the same content as many other members
rebilling at 29.95 and 39.95

I think 10.00 will prove to offer longer retention.

Hell, a porno mag in a store is 5 to 8 each.
And pay per view porn is $8 for a couple hours. People can pay for what they want. This is the slowest industry I have ever seen to realize that.
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Old 02-07-2004, 02:00 AM   #27
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Stick to $19.95. Not to high, not too low, it's under twenty bucks.

Nice, safe, and middle of the road.
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Old 02-07-2004, 02:02 AM   #28
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Originally posted by BVF
Stick to $19.95. Not to high, not too low, it's under twenty bucks.

Nice, safe, and middle of the road.
I did try that, 1 week at 10 per month and the 19.95
and the 10 joins still had more sales and retention..

weird shit..
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Old 02-07-2004, 02:40 AM   #29
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hmmmmmmm......... good info, thanks.....
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Old 02-07-2004, 02:42 AM   #30
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hmmmmmmm......... good info, thanks.....
Congrats, you're going to take the info and try it yourself. Did you have to bumb the thread so everyone else would as well?
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Old 02-07-2004, 02:58 AM   #31
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I hardly believe this bullshit. Mathematics are against it.
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Old 02-07-2004, 03:07 AM   #32
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How can you be surpriced with all that free porn. My most expensive site cost 22.95 a month and is doing great
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Old 02-07-2004, 03:18 AM   #33
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What will happen the day all sites charges $10 a month and members starts to rebill like they did at $29.95 - profit will be lost, businesses will be killed..

Will it be easy to make them pay $29.95 again then ?

Maybe you're making the surfers used to something you really don't want at the moment..

Just some thoughts..
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Old 02-07-2004, 03:36 AM   #34
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Originally posted by biskoppen
What will happen the day all sites charges $10 a month and members starts to rebill like they did at $29.95 - profit will be lost, businesses will be killed..

Will it be easy to make them pay $29.95 again then ?

Maybe you're making the surfers used to something you really don't want at the moment..

Just some thoughts..
Then you'll see posts on how $5 sites retain 3 times better than $10 ones.
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Old 02-07-2004, 03:37 AM   #35
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Maybe $10 porn is a conspiracy the big guys put together to keep you from being profitable enough to compete with them
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Old 02-07-2004, 03:37 AM   #36
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Then you'll see posts on how $5 sites retain 3 times better than $10 ones.

And then it'll be back to square one --- "I just figured out free sites retain the longest"
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Old 02-07-2004, 03:41 AM   #37
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And then it'll be back to square one --- "I just figured out free sites retain the longest"
Wrong. I pay my members for every month they stay and so far my retention is 99.999999999%.





One guy died and his wife cancelled.
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Old 02-07-2004, 03:44 AM   #38
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Wrong. I pay my members for every month they stay and so far my retention is 99.999999999%.

One guy died and his wife cancelled.

Damn you. I thought we agreed not to talk about the next big thing.
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Old 02-07-2004, 03:48 AM   #39
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No no no no. See the winning formula is $10 signups and $100 rebills.
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Old 02-07-2004, 03:59 AM   #40
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You all are really in the dark.

My $1.00 sites are like killing!!
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Old 02-07-2004, 04:14 AM   #41
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What will happen the day all sites charges $10 a month and members starts to rebill like they did at $29.95 - profit will be lost, businesses will be killed..

Will it be easy to make them pay $29.95 again then ?

Maybe you're making the surfers used to something you really don't want at the moment..

Just some thoughts..
good post
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Old 02-07-2004, 04:53 AM   #42
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its too early for 10 buck sites
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Old 02-07-2004, 06:47 AM   #43
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What will happen the day all sites charges $10 a month and members starts to rebill like they did at $29.95 - profit will be lost, businesses will be killed..

Will it be easy to make them pay $29.95 again then ?

Maybe you're making the surfers used to something you really don't want at the moment..

Just some thoughts..
Good point......but its hard to say what the future brings
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Old 02-07-2004, 06:59 AM   #44
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And pay per view porn is $8 for a couple hours. People can pay for what they want. This is the slowest industry I have ever seen to realize that.
right on, and people WILL pay for what they want. Even if the price is a bit too high.
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Old 02-07-2004, 07:02 AM   #45
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right on, and people WILL pay for what they want. Even if the price is a bit too high.
I learned this when I was 5 or 6 and have been reminded of it 1000 times over the years. While I don't think cheap sites or bad FOR FUCKS SAKE DON'T MAKE YOUR $40 PAYSITES $10.00! Sell them on a site with less content and make them feel stupid for not spending $40 or $50 for more.
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Old 02-07-2004, 07:05 AM   #46
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I learned this when I was 5 or 6 and have been reminded of it 1000 times over the years. While I don't think cheap sites or bad FOR FUCKS SAKE DON'T MAKE YOUR $40 PAYSITES $10.00! Sell them on a site with less content and make them feel stupid for not spending $40 or $50 for more.
Indeed, I see no long term gain in making the same product 4 times cheaper. What you have to do is find the highest possible price someone is willing to pay for your product, not the lowest. And you have to force them to wanting to pay that mutch. Dropping your price by 4 will indeed result in a HUGE spike in revenue but you're killing your own product. Believe me.
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Old 02-07-2004, 08:57 AM   #47
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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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Old 02-07-2004, 09:28 AM   #48
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Retention jumped to 65 to 75%!!!


65% first month rebills at $30? sure!!

Last edited by xxxdesign-net; 02-07-2004 at 09:36 AM..
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Old 02-07-2004, 09:41 AM   #49
stocktrader23
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Location: The dirty south.
Posts: 18,781
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.
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.
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Old 02-07-2004, 09:46 AM   #50
Madball
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Join Date: May 2002
Location: Oslo, Norway
Posts: 748
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.
Stop smoking those funny cigarettes, they impair your brains.
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