Askjolene...I love you guys, but come on...this is ridiculous!
 

By switching from dollars to Euros you just jacked your prices to a US customer around 30-40%! I always did pretty good buying from you guys, but you seriously killed the ROI of anyone buying in dollars.

BOOO!

See email >>>


Dear customer,

Today AskJolene changed its default currency from US dollars to euros. This means that from now on, every transaction will be in euros. This will be clearly indicated on the invoices we send to you and on the balance sheets you can download in Topspots.

We strive to make the transition as painless as possible. We have automatically transformed the credit left in your Topspots account into euros. To make sure you get what you bargained for, we gave you one euro for every dollar.

The Topspots interface now lists all amounts in euros. We moved all statistics from the dollar period to a special section that you can easily access through a special switch at the top on every page. This way we avoid exchange rate conversions that may cause confusion and you don't lose any history.

If you have any questions or complaints, don't hesitate to contact us.

Regards,
Team AskJolene

How would this jack the prices, unless the dollar kept going down the tube?

If a buy was (arbitrary number) $10 USD, that would make it 7.04 EUR.

Since they're switching to euros wouldn't the price be 7.04 EUR still? I'd assume that they were just switching to a euros just to save on the exchange rate? Would only get more expensive for US buyers if the dollar continually weakened against the euro (which it will).

by billing in US dollars, their revenue has gone way down...its tough on those of us outside the USA...

wow. Wonder how many their clients are from the us. Alot i would guess.

i guess lots of people are flipping out because the state of the u.s. dollar lately.

thats what i would assume prompted this.

Sapphic Cash just added Euros as well today... this is getting interesting. US sponsors jumping from their own currency..

Didn't they say they were matching Euros for dollars in the account 1:1? That's pretty nice, about a 30% bonus for the dollar deposits existing.

Makes sense... the dollar is worth less, their prices haven't changed.

Yes i feel really sad :(
1k USD = 920 CND

smart move... I'd do the same

Tell me about it, I freaked out today when I saw that.

Bush asn't changed he's driving everything he touches to the ground :Oh crap

I thought sapphic were based form out of Central Europe somewhere (Czech Rep?)

wait and see what happens when the saudis start billing in euros for oil...

They are not a US sponsor :winkwink:

war in suadi arabia?

well helps us americans out too.

so they just said ads that were previously 25USD are now 25EUR? that's fucked imo...

Yah got the mail as well. At least they are matching Euro to Dollar for what you have in your account. Thats a nice gesture I think.

hmmmmm...

With a lot of Aussie accents running the show to boot.....

At we are at a 20 year high against the USD as well.

:2 cents::(

Highly interesting. I was wondering who would be making the switch to a stronger currency.

looks good... however the decision was from the dutch processing credit card company though... they give webmasters and paysite owners the idea of processing in euros... some take it, some don't..

As of last Friday, we started charging in Euros as well. I think soon many more companies will follow.

I don't know how many times I've seen threads where a bunch of us Canadians were griping about getting screwed on the lousy exchange rate, and one or two (or more) ameriicans on this board have called us whiners. What you're seeing here is a little taste of what we've been having to deal with for several years now, a reverse-screwing if you will.

Now maybe some of you yanks will finally realize what it means to lose 30 or 40 % on exchange. And like KK pointed out, at least they are giving you 1:1 on your existing funds in your AJ accounts, that's something at least.


But just for a moment imagine how you'd feel if it wasn't just a 30% screwing on your ad campain at one site but a 40% loss on your entire web-based income. I'm not saying anyone here said it, but let's try and lay off the "bunch of whiners" comments from now on whenever you see a Canuck bitch about the USD. I think we have good reason to be a bit miffed at it.

well its a 30-40% increase in cost of traffic for USA buyers some make enought profit to pay it some dont and will end up not buying any more traffic.

In the end i think they will have to lower prices i dont think most of the buyers make enought margin wise to eat 30-40% and keep buying.

If that's the case...I take all of this back and I wish I had loaded my account to the limit before the switch!

you're sexy and correct.

a great deal

a great deal

very interesting.

:thumbsup:thumbsup

I said this same thing, in a post a week or so ago. All these european webmasters are complaining about USD. That's fine and I totally understand where they are coming from.

Yet we all know most sales still come from within the US, by switching to Euros they just raised the price to US surfers by 40% or so. How they think that isn't going to hurt the fuck out of sales is beyond me.

A more logical idea would have been to raise the price a little in USD's or charge in Euros but at a lower price.

How would this cost a US webmaster any more? We would actually make more if we get paid in Euros. The people it will hurt is the surfers and I'm sure you will see a lot less sign-ups.

Remember this will cause European surfers more as well. When billed in USD Euro surfers were getting a hell of a bargain. By charging in Euros the price has gone up just the same for both Euro surfers and US surfers.

End results will be less sign ups and webmasters bitching about crappy ratios.

it's simple you have to take decisions. if you see the dollar goes down week by week it will eventually hurt your company. to stay alive it's better to switch to the euro before it goes completely wrong with the dollar.

This works both ways European webmasters gain from the low USD when purchasing in USD, and loose when recieving affliate money in USD.
I would not buy if a program was billed in EUR. I would much rather pay either in USD or GPB.

This doesn't only affect US webmasters, all of us getting paid in USD are getting bent over by a switch to euros. I can tell you I won't be buying anymore traffic there ever. The profit isn't worth the time and effort after doing the conversions.

Well, if you have to pay for traffic in Euros from now on it will cost you more than if you were paying in USD, no?

Others here are saying 30% more, let's just test that.... (checking currency converter...)

Okay, as of today 1 Euro = 1.4292 USD, so yep, it will cost webmasters over 30% more to pay for their ad campaigns at AJ, and any other sites that switch over to Euros.

Here's the thing though, nobody was in here starting threads about how great life was during the SEVERAL years you guys were getting a 30-50% bonus because of the exchange rate. That sort of thing gave you a huge advantage over US webmasters.

Now it's harder on EU and Canadian webmasters to make a buck (or a euro), but when you consider the fact that you don't have to comply with 2257 you still have a huge competitive advantage.

If thats the case then its pretty bad for a lot of people. Buying traffic usually is related to a small roi as its hard to convert bought traffic into sales. And basically raising their prices with 35% or so will kill the roi of many people. Including mine.

And this isnt affacting US webmasters only as someone mentioned. I pay the traffic in euro's but the sponsor is paying me in dollars.

*affecting

100% wrong. Plenty of us posted and raved about how lucrative things were, including me. Several times.

An advantage in one sense, yes. But since our dollar was so weak next to yours, every time we entered the US for shows or vacation we got reverse-screwed big time, while wheneve you came to Canada your money was like gold.

That advantage tended to even out when all aspects were considered.


Also not exactly true. We don't "have to" comply, but many do, because we want to do business with the US and US-based webmasters and companies. Many Americans are unwilling to do business with any company that isn't compliant no matter where they're from.


My ONLY point in posting in this thread was in my first post where I attempted to point out that you US webmasters are now getting a little taste of what it's like to get screwed on the declining exchange rate and the weak USD (and that a few of you need to lay off in calling Canadians etc "whiners" for griping about it)... that's it, that's all. And it's a correct and valid point.


Carry on...

It wasn't me. I never said it was only US webmasters being affected. I merely said they are finally BEING affected (as in "like the rest of us"). Of course everyone who buys from AJ are all going to be affected... although we Canucks will take a slightly softer hit now that our dollar is stronger than the USD. A very (and I do mean very) small consolation mind you.

Very good point. There is more screwage here than meets the eye.

I don't get this... wont 1 euro buy you the same as 1.43 dollar used to?.. I mean if you get the same for 1 euro now as you used to get for 1 dollars it's seriously fucked up... no way in hell no one is getting anywhere near profit from that

The guy says what's on my mind :thumbsup

Interesting thread

Thats why i didnt quote you?

It's ridiculous to think it "evened out" because it cost you more to attend a trade show. Exactly what % of their yearly income do you think a webmaster spends attending trade shows? 5%? 10%?
That "evens it out"?

We're talking about webmasters here....let's not start throwing in content providers in order to make your point seem stronger than it is.
You don't have to comply with 2257, don't have to worry about going to jail if you don't comply, and anyone over here will still take your traffic and signups.

:1orglaugh

Why even mention it to begin with? My earning an extra 40% on the exchange rate affected you how exactly? It didn't. But the USA having a strong dollar on the world market was definitely a good thing for both of us in a lot of ways back then, I don't see why anyone would want to waste time arguing that it wasn't. Me mentioning about attending shows or going on vacations in the US was only one (or two?) examples of how things tended to at least lean towards evening out, but the fact is, or was, your dollar was worth a lot back then to you as well. And we were both being paid in the same currency, were we not? Your buying power outside the US was incredible, just as mine was here at home in Canada.



It's not only content providers that fall into what I was describing. PussyCash for example is not a content provider. Based out of Cyprus, yet they adhere to 2257 implicitely in order to do business in the US.

But whatever. As I said, we don't "have to" comply, but many of us do, for varying reasons mostly to do with doing good business and continuing to do so.