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-   -   Do you think the shit state of the US economy is hurting sales? (https://gfy.com/showthread.php?t=781281)

GreyWolf 11-02-2007 02:42 AM

Quote:

Originally Posted by Paul Markham (Post 13320414)
Very true, in fact if it were not true most of those nations would not be lending it money hand over fist.

I have no idea if the US economy is suffering and if it effects sales. I see people losing their homes and rising debt in the US but not sure if that means less porn being bought. I have been in the business a bit longer than most and I can tell you that during previous recessions my turn over went up!!!

The strength of the dollar has hurt and continues to hurt.

Paul... do you realise the billions of dollars of investments which have been removed from US markets over the last year because the US economy is sliding/unstable and the returns are less than 3.5% a year???? You can get over that in your local bank without bothering about foreign investment.

Not sure what you mean by the strength of the dollar?? It's weak, not strong :winkwink:

Paul Markham 11-02-2007 02:49 AM

Quote:

Originally Posted by GreyWolf (Post 13320424)
Paul... do you realise the billions of dollars of investments which have been removed from US markets over the last year because the US economy is sliding/unstable and the returns are less than 3.5% a year???? You can get over that in your local bank without bothering about foreign investment.

Not sure what you mean by the strength of the dollar?? It's weak, not strong :winkwink:

As I said I don't know about the US economy and if it's doing good or bad. The strength of the dollar can relate to it the lack of it as well. I'm very well aware of what it is against the Czech Krown. Few years ago 35 CZK to the $, today 18. That means a fall in earnings for us of 50%.

However I still feel that the reason some are losing business is they follow the rules that applied in the Gold Rush days of Internet porn. Today the rules have changed and some people did not change with them.

Lykos 11-02-2007 02:53 AM

well it is hurting something for sure...for example first thing u notice is expencive oil,...so other things will come slowly :(

theking 11-02-2007 02:54 AM

Quote:

Originally Posted by GreyWolf (Post 13320424)
Paul... do you realise the billions of dollars of investments which have been removed from US markets over the last year because the US economy is sliding/unstable and the returns are less than 3.5% a year???? You can get over that in your local bank without bothering about foreign investment.

Not sure what you mean by the strength of the dollar?? It's weak, not strong :winkwink:

Billions are equivilent to the period at the end of this sentence when one compares it to the GNP of this nation...ignorant Webby.

theking 11-02-2007 03:05 AM

One state alone...California...has one of the largest economies in the world...and you speak of mere billions. :1orglaugh

GreyWolf 11-02-2007 03:31 AM

Quote:

Originally Posted by theking (Post 13320470)
One state alone...California...has one of the largest economies in the world...and you speak of mere billions. :1orglaugh

Did I hear you boasting/defending yet again???? I thought you never did that??? :1orglaugh:1orglaugh Clueless fuck

headless ghost 11-02-2007 03:43 AM

buy porn?
what the hell for?
the shit is free and all over the inteweb.

theking 11-02-2007 03:46 AM

Quote:

Originally Posted by GreyWolf (Post 13320510)
Did I hear you boasting/defending yet again???? I thought you never did that??? :1orglaugh:1orglaugh Clueless fuck

Niether...just stating fact and educating an ignorant person...and you are ignorant...now aren't you...as well as being obsessed with your hatred of my country.

GreyWolf 11-02-2007 03:53 AM

Quote:

Originally Posted by Paul Markham (Post 13320443)
As I said I don't know about the US economy and if it's doing good or bad. The strength of the dollar can relate to it the lack of it as well. I'm very well aware of what it is against the Czech Krown. Few years ago 35 CZK to the $, today 18. That means a fall in earnings for us of 50%.

However I still feel that the reason some are losing business is they follow the rules that applied in the Gold Rush days of Internet porn. Today the rules have changed and some people did not change with them.

Sure, the effects are obvious to any foreign webmaster and same applies to US folks when the higher import/oil prices and the credit crunch hits - it's a no-win all round.

On the second para.. not sure which aspects you are thinking of, but can think of a few here which have been applied for a few years now in anticipation of problems.

This is basically using the Big Mac index as a valuer of currencies and having for example, where a site may be priced as $30, having geo-signup pages, firstly reflecting the local currency, and secondly converting that $30 into whatever is a "marketable price" for each country. Simple example... instead of charging $30 for a UK signup - charge $50, but express that in GBP as 24.95 etc. The gain in the UK instance is $20 at the moment, but it's at a price equivalent to five packets of cigarettes a month.

In the US instance, still charge in dollars, but up the price and get more dollars. There is little point in doing business in any country and not getting a reasonable margin per head.

In Euros.. well.. we just keep them the same and use that as a base figure to price GBP, dollars and other currencies. It's something OPEC would love to do (and probably will if the dollar keeps sliding), and we have the option to do this now without losing eg 50% revenue.

Bottom line... what may be lost on lesser US signups is gained on other currencies. Hard to say, but smell an further extension of this may be forced on us - whether we like it or not, and may involve just pricing US clients at a globally acceptable rate and if they buy, fine, if not - no biggie.

GreyWolf 11-02-2007 03:55 AM

Quote:

Originally Posted by theking (Post 13320530)
Niether...just stating fact and educating an ignorant person...and you are ignorant...now aren't you...as well as being obsessed with your hatred of my country.

Go :321GFY and quit stalking boards idiot - you are a total waste of time.

theking 11-02-2007 03:58 AM

Quote:

Originally Posted by GreyWolf (Post 13320550)
Sure, the effects are obvious to any foreign webmaster and same applies to US folks when the higher import/oil prices and the credit crunch hits - it's a no-win all round.

On the second para.. not sure which aspects you are thinking of, but can think of a few here which have been applied for a few years now in anticipation of problems.

This is basically using the Big Mac index as a valuer of currencies and having for example, where a site may be priced as $30, having geo-signup pages, firstly reflecting the local currency, and secondly converting that $30 into whatever is a "marketable price" for each country. Simple example... instead of charging $30 for a UK signup - charge $50, but express that in GBP as 24.95 etc. The gain in the UK instance is $20 at the moment, but it's at a price equivalent to five packets of cigarettes a month.

In the US instance, still charge in dollars, but up the price and get more dollars. There is little point in doing business in any country and not getting a reasonable margin per head.

In Euros.. well.. we just keep them the same and use that as a base figure to price GBP, dollars and other currencies. It's something OPEC would love to do (and probably will if the dollar keeps sliding), and we have the option to do this now without losing eg 50% revenue.

Bottom line... what may be lost on lesser US signups is gained on other currencies. Hard to say, but smell an further extension of this may be forced on us - whether we like it or not, and may involve just pricing US clients at a globally acceptable rate and if they buy, fine, if not - no biggie.

Blah...blah..blah...more blowhard...pigshit.

GreyWolf 11-02-2007 03:59 AM

Quote:

Originally Posted by theking (Post 13320567)
Blah...blah..blah...more blowhard...pigshit.

Clearly you are totally insane.

CheneyRumsfeld 11-02-2007 04:08 AM

airbags
get your airbags right here
the real big fat windy kind

Ross 11-02-2007 05:21 AM

Quote:

Originally Posted by Mike33 (Post 13319922)
That's gotta be scary. Depending on your lifestyle, that's a very serious dent.

You're telling me! Its annoying knowing I'm losing so much money due to the conversion rate. But what can I do?

tblake 11-02-2007 10:12 AM

Quote:

Originally Posted by minusonebit (Post 13319935)
Yeah, inflation is bullshit. You cant inflate the value of something that has no value to start with, i.e. The US Dollar. The US Dollar is absolutely fucking worthless, it always has been and it always will be. Its is backed by "the full faith and credit of The United States" and nothing else. Tell me, how much faith do YOU put in the United States these days? I sure don't put much faith in it.

Oil backs the US Dollar. Why is it the reserve currency of the world if it is worthless? 70% of countries reserve currency is in US Dollars. Are the leaders of all countries stupid?

tblake 11-02-2007 10:26 AM

Quote:

Originally Posted by GreyWolf (Post 13320550)
Sure, the effects are obvious to any foreign webmaster and same applies to US folks when the higher import/oil prices and the credit crunch hits - it's a no-win all round.

On the second para.. not sure which aspects you are thinking of, but can think of a few here which have been applied for a few years now in anticipation of problems.

This is basically using the Big Mac index as a valuer of currencies and having for example, where a site may be priced as $30, having geo-signup pages, firstly reflecting the local currency, and secondly converting that $30 into whatever is a "marketable price" for each country. Simple example... instead of charging $30 for a UK signup - charge $50, but express that in GBP as 24.95 etc. The gain in the UK instance is $20 at the moment, but it's at a price equivalent to five packets of cigarettes a month.

In the US instance, still charge in dollars, but up the price and get more dollars. There is little point in doing business in any country and not getting a reasonable margin per head.

In Euros.. well.. we just keep them the same and use that as a base figure to price GBP, dollars and other currencies. It's something OPEC would love to do (and probably will if the dollar keeps sliding), and we have the option to do this now without losing eg 50% revenue.

Bottom line... what may be lost on lesser US signups is gained on other currencies. Hard to say, but smell an further extension of this may be forced on us - whether we like it or not, and may involve just pricing US clients at a globally acceptable rate and if they buy, fine, if not - no biggie.

I like this idea of geo-targeting prices to reflect currency exchanges. Something about that just makes me happy.

yys 11-02-2007 11:23 AM

With prices on most goods in the U.S. rising or about to rise due to the weak currency and the housing and mortgage meltdown I can't see how it won't negatively affect discretionary spending; exactly what an online porn membership is.


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