Thoughts on CCBill's new toy? (Caution, biz thread) - GoFuckYourself.com

MikeSmoke · 04-03-2008, 05:25 PM

I'm really torn on the ability to bill international customers "higher" rates in their own currency because of the decline of the dollar.

On one hand, any added revenue would be nice.
On the other hand, I'm concerned that a sudden 50% price increase (after holding prices steady for years) would dissuade regular international customers (and I have a ton of them) from joining.
And on the other other hand, I'm wondering if I'm actually getting *more* international joins (I haven't tried to break that down) because the site is "cheaper" for them now and they're more willing to sign up. If that's the case, it would mean that I'm still getting the same dollar amount for their joins, just more joins, meaning more dollars in my pocket - so maybe the fall of the dollar is actually a good thing for total revenue?

Any thoughts?

tony286 · 04-03-2008, 05:27 PM

If I see the same money I dont know if its worth it if it scares people away but who knows if it stops someone from buying.

Blazed · 04-03-2008, 05:28 PM

Most international surfers are aware of the exchange rate and switching to their own currency would put them off and make them look elsewhere imo.

One of the examples a guy from ccbill used to justify it is wrong, he said dell charge the same number in $ as they would in £ for example, but this is incorrect if an item is $5000 in america it is £2500 in the uk, not £5000.

webmasterchecks · 04-03-2008, 05:47 PM

well, i would check to see how many returning customers you have versus new ones, be good data to look at

and you can always set up a script to have returning users enter in an email address, you query a database to see if they are a returning member, and if so, send them to the signup page with the old price points, if not, they proceed to the signup page with the special pricing

crockett · 04-03-2008, 05:53 PM

Why not just slightly raise the rate and test the waters.

IllTestYourGirls · 04-03-2008, 05:58 PM

If you are based in the US I would not convert to other currencies. Exporting is where it is at if you are in the US. Our products are dirt cheap now. Paysites are a form of exporting and your memberships are looking tastier at the newer lower prices. Would I be wrong in that thinking?

BVF · 04-03-2008, 06:02 PM

I just enabled mine without hesitation.....More money for me.

It's nice being in a micro-niche...

MikeSmoke · 04-03-2008, 06:31 PM

Quote:

Originally Posted by webmasterchecks

and you can always set up a script to have returning users enter in an email address, you query a database to see if they are a returning member, and if so, send them to the signup page with the old price points, if not, they proceed to the signup page with the special pricing

That is an *excellent* idea

MikeSmoke · 04-03-2008, 06:32 PM

Quote:

Originally Posted by BVF

I just enabled mine without hesitation.....More money for me.

It's nice being in a micro-niche...

But how many returning type-in customers do you have who've joined many times before at the old price point? That's the key question in my mind...

Altheon · 04-03-2008, 07:04 PM

Sounds like a basic economics question. If there is a presence of substitutes i.e. the demand for your site is elastic then charging a higher price will drive those surfers to a competitor. If you have a very specialized niche which is far more inelastic then you could bump up the price and still convert/retain.

Just a thought...
-A

MikeSmoke · 04-03-2008, 07:21 PM

Quote:

Originally Posted by Altheon

Sounds like a basic economics question. If there is a presence of substitutes i.e. the demand for your site is elastic then charging a higher price will drive those surfers to a competitor. If you have a very specialized niche which is far more inelastic then you could bump up the price and still convert/retain.

Just a thought...
-A

Very true...and it's one of the things that factored into my thinking - there are substitutes, but I've always competed more than successfully with them based on a slightly lower price point ($1, believe it or not lol) plus better content. But their content is "satisfactory" to most people so I'm worried a sharp price increase would make a major difference in return signups.

Shoplifter · 04-03-2008, 07:24 PM

We dropped it after a short test.

But test it out for sure.

BV · 04-03-2008, 07:37 PM

The exclusive content / specialized niche argument is moot in this equation because you should already have that considered into your price now.

I am going to say no for now. IMO I am better off letting them have a deal. Cheaper is always better for retention (revshare) based on my experiences.

I see a huge increase in Euro joins lately. I'm sure it's because of the higher value of the Euro over the USD.

If it ain't broke don't fix it.

CCBill should know what they are doing though, that's what makes me want to try it because I doubt they would promote something that would hurt their bottom line.

Hell House Vic · 04-03-2008, 07:43 PM

i heard about this in phoenix.
thought it over.
enabled today.

mikesouth · 04-03-2008, 11:31 PM

personally I think CCBill would have served its customers much better by implementing direct deposit

but hey what do I know

BiggleJones · 04-04-2008, 02:20 AM

Quote:

Originally Posted by mikesouth

personally I think CCBill would have served its customers much better by implementing direct deposit

but hey what do I know

Well the two topics are completely unrelated...but thanks for trying

Fizzgig · 04-04-2008, 02:59 AM

i think I'll just keep charging dollars for now. I'm still paying in USD for plugins, hosting and domains.

BVF · 04-04-2008, 05:49 AM

Quote:

Originally Posted by MikeSmoke

But how many returning type-in customers do you have who've joined many times before at the old price point? That's the key question in my mind...

It doesn't matter.....they'll pay anyway....My prices have gone from 19.95 to 24.95 to 29.95.....I could charge 34.95 and still get away with it...30 euros is a very fair price for all that they get in my members area.

webmasterchecks · 04-04-2008, 06:13 AM

Quote:

Originally Posted by BVF

It doesn't matter.....they'll pay anyway....My prices have gone from 19.95 to 24.95 to 29.95.....I could charge 34.95 and still get away with it...30 euros is a very fair price for all that they get in my members area.

your surfers will just figure they were on crack when they saw the prices the last time, and would enter their information and submit ;)

signupdamnit · 04-04-2008, 06:28 AM

Quote:

Originally Posted by BVF

It doesn't matter.....they'll pay anyway....My prices have gone from 19.95 to 24.95 to 29.95.....I could charge 34.95 and still get away with it...30 euros is a very fair price for all that they get in my members area.

Exactly. I get pissed when I see a good ccbill program in a microniche offering a $3 trial or a $12 membership. Total waste. I know 90% of the ones who sign up for the trial would have jumped on $29.95.

BVF · 04-04-2008, 06:44 AM

this is what's crazy....something told me to check my stats because I felt that I got my first european sale.....I did but it's in Great Brittain and I see that they don't match the pound up with the dollar like they do the euro....So the FIRST suggestion that I have is that the pound is set up the same way.

Off of a 29.95 sale:

£15.79(GBP) for 00030 days followed by £15.79(GBP) every 30 days.

I could have made near $50 on this sale alone.

04-03-2008, 05:25 PM	#1
MikeSmoke Confirmed User Join Date: Nov 2002 Location: SoCal Posts: 3,233	Thoughts on CCBill's new toy? (Caution, biz thread) I'm really torn on the ability to bill international customers "higher" rates in their own currency because of the decline of the dollar. On one hand, any added revenue would be nice. On the other hand, I'm concerned that a sudden 50% price increase (after holding prices steady for years) would dissuade regular international customers (and I have a ton of them) from joining. And on the other other hand, I'm wondering if I'm actually getting more international joins (I haven't tried to break that down) because the site is "cheaper" for them now and they're more willing to sign up. If that's the case, it would mean that I'm still getting the same dollar amount for their joins, just more joins, meaning more dollars in my pocket - so maybe the fall of the dollar is actually a good thing for total revenue? Any thoughts? __________________ icq: 541-739-92

04-03-2008, 05:28 PM	#3
Blazed Confirmed User Join Date: Jun 2006 Location: London Posts: 1,701	Most international surfers are aware of the exchange rate and switching to their own currency would put them off and make them look elsewhere imo. One of the examples a guy from ccbill used to justify it is wrong, he said dell charge the same number in $ as they would in £ for example, but this is incorrect if an item is $5000 in america it is £2500 in the uk, not £5000. __________________ ☻ Last edited by Blazed; 04-03-2008 at 05:29 PM..

04-03-2008, 05:47 PM	#4
webmasterchecks Confirmed User Join Date: Oct 2006 Location: Phoenix Posts: 1,685	well, i would check to see how many returning customers you have versus new ones, be good data to look at and you can always set up a script to have returning users enter in an email address, you query a database to see if they are a returning member, and if so, send them to the signup page with the old price points, if not, they proceed to the signup page with the special pricing __________________ Webmasterchecks Affiliate Payments - fully compatible with nats/mpa3

04-03-2008, 05:53 PM	#5
crockett in a van by the river Industry Role: Join Date: May 2003 Posts: 76,806	Why not just slightly raise the rate and test the waters. __________________ In November, you can vote for America's next president or its first dictator.

04-03-2008, 05:58 PM	#6
IllTestYourGirls Ah My Balls Industry Role: Join Date: Feb 2007 Location: Under the gold leaf ICQ 388-454-421 Posts: 14,311	If you are based in the US I would not convert to other currencies. Exporting is where it is at if you are in the US. Our products are dirt cheap now. Paysites are a form of exporting and your memberships are looking tastier at the newer lower prices. Would I be wrong in that thinking? __________________

04-03-2008, 05:27 PM	#2
tony286 lurker Industry Role: Join Date: Aug 2002 Location: atlanta Posts: 57,021	If I see the same money I dont know if its worth it if it scares people away but who knows if it stops someone from buying.

04-03-2008, 06:02 PM	#7
BVF Black Vagina Finder Join Date: Jan 2002 Location: The Midwest Posts: 13,975	I just enabled mine without hesitation.....More money for me. It's nice being in a micro-niche... __________________ Black Pussy Click On Mr Cosby..CCbill, 60/40, 136 FHG's....The Cos Loves Black Ghetto Pussy!!

04-03-2008, 07:04 PM	#10
Altheon Confirmed User Join Date: May 2004 Posts: 506	Sounds like a basic economics question. If there is a presence of substitutes i.e. the demand for your site is elastic then charging a higher price will drive those surfers to a competitor. If you have a very specialized niche which is far more inelastic then you could bump up the price and still convert/retain. Just a thought... -A

04-03-2008, 07:24 PM	#12
Shoplifter Richest man in Babylon Industry Role: Join Date: Jan 2002 Location: Posts: 10,002 Posts: 5,726	We dropped it after a short test. But test it out for sure.

04-03-2008, 07:37 PM	#13
BV wtf Industry Role: Join Date: Sep 2001 Location: Bikini State, FL USA Posts: 10,914	The exclusive content / specialized niche argument is moot in this equation because you should already have that considered into your price now. I am going to say no for now. IMO I am better off letting them have a deal. Cheaper is always better for retention (revshare) based on my experiences. I see a huge increase in Euro joins lately. I'm sure it's because of the higher value of the Euro over the USD. If it ain't broke don't fix it. CCBill should know what they are doing though, that's what makes me want to try it because I doubt they would promote something that would hurt their bottom line.

04-03-2008, 07:43 PM	#14
Hell House Vic Pay to Cum Join Date: Aug 2004 Location: Nor San Diego Posts: 1,029	i heard about this in phoenix. thought it over. enabled today. __________________ Contact Me - ICQ: 206851710 eMail vic (at) hellhousemedia (dot) com 'Satanism is like Capitalism for teens' - Ty HellHouse

04-03-2008, 11:31 PM	#15
mikesouth Confirmed User Industry Role: Join Date: Jun 2003 Location: My High Horse Posts: 6,334	personally I think CCBill would have served its customers much better by implementing direct deposit but hey what do I know __________________ Mike South It's No wonder I took up drugs and alcohol, it's the only way I could dumb myself down enough to cope with the morons in this biz.

04-04-2008, 02:59 AM	#17
Fizzgig Registered User Join Date: Feb 2004 Location: In Your Dreams Posts: 9,649	i think I'll just keep charging dollars for now. I'm still paying in USD for plugins, hosting and domains. __________________ ---'-,-{@ Sassy Grrrl @}-'-,---

04-04-2008, 06:44 AM	#21
BVF Black Vagina Finder Join Date: Jan 2002 Location: The Midwest Posts: 13,975	this is what's crazy....something told me to check my stats because I felt that I got my first european sale.....I did but it's in Great Brittain and I see that they don't match the pound up with the dollar like they do the euro....So the FIRST suggestion that I have is that the pound is set up the same way. Off of a 29.95 sale: £15.79(GBP) for 00030 days followed by £15.79(GBP) every 30 days. I could have made near $50 on this sale alone. __________________ Black Pussy Click On Mr Cosby..CCbill, 60/40, 136 FHG's....The Cos Loves Black Ghetto Pussy!! Last edited by BVF; 04-04-2008 at 06:46 AM..