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Recurring payout on cheap sites...
Does anyone offer this?
Would anyone be interested in this? By cheap I mean like $10/mo |
why would you want to get $5/month for a sale?
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Try making a $5 trial with a $199 monthly fee. See where your retention goes. Or try a $2 per month site and see how retention is. And it won't be black and white (meaning the two extremes). It's a smooth transition. Trust me, it DOES have an effect :) |
That's the way to do it. :2 cents:
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I know facts, I had all my membership fees set at 24.95 now its at 29.95 there is no difference in retention. Same goes to those who joined at 18.95 What makes a big difference is UPDATES and REAL updates but again most dont want to hear that because updates cost money. |
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Never tried to go at 10 bucks but know for a fact not from research but FACT that updates is the key to retention. |
I think if a surfer wants to sign up too a site/program that they are really intrested in, price won't matter whether it is $10 or $30. They want too see it right then and they will pay the $30. I have no problem converting a site that sells at $30/month right now.
Would I have more sales if it was only $10? Don't know but I like it at $30 if I can sell for it for $30. |
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And I agree, the most important thing for retention IS updates, but it is not the ONLY factor. |
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:Kissmy
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$5 x 200:300 sales = nice profit
$45 x 2:300 sales = not so nice sales It would depend on retention rates and conversion rates of course :thumbsup |
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I doubt it would make a big difference by charging less
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If a hooker lowers her price from $500 to $5 per session, will she get 100 times more customers?
http://www.tutor2u.net/economics/con...lasticity2.gif Here's the grand qustion: Which Price-Elasticity matches *YOUR* program? |
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And their support rocks. |
Escort and GoGo are both right. Price does have an effect, but it's not that huge. Once they pull out the wallet it's more about whether they are educated surfers than the price.
Price does have a huge effect of chargebacks. Low rates make chargeback not worth the time, so cb ratio drops. If you're pushing the ratio, drop your price. |
I sale 9dollarporn.com
and 9dollarteens, etc |
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I don't run paysites, but it's something i do want to get into in the future. I agree with EB though. To me, it just makes more sense. Updates are what is going to keep the surfer coming back. People want good original porn, and they will pay for it. I believe your pricing has to be competitive, but certainly not as low as 10 dollars per month.
What i want to know is this. What is considered ideal in terms of updates? Weekly? Daily? Obviously it reaches a point where memeber retention will max out, or when more updates will have a negligible effect on updates. What i want to know is.. when do you believe that point is reached? Weekly seems to be pretty popular on exclusive content sites. Would daily have a big impact on retention, or would the extra retention (if any) not be enough to make up for the cost of daily updates. I guess it would differ from site to site.. but anyways. Thoughts? |
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