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$19.95 versus $29.95
Seems like alot of paysites are changing their price point from the old the ole faithful monthly $19.95 to $29.95, was wondering those that have , have you seen any drop off in signups or rebills?
Any info is appreciated.. |
Try both :2 cents:
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As sponsor you should make sure your rebills are happening under the price tag at the moment that they did initially join, so now way to track rebills imo.
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I used to use 28.95 for lilcandy.com and changed it to 24.95 19.95 recurring. I have seen zero change in the amount of joins, but big difference in the size of my checks... we are making a new tour now, and will be adding a few bonus sites, then going back to 28.95
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I dropped my 29.95 price to 19.95 and saw no improvement in sales whatsoever. I did not waste any time changing it back to $29.95.
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Out of all the price points i have tried over the years 29.95 seems the most profitable. It seems like the surfer mentally is if membeship is so cheap so is the quailty of the site :2 cents:
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$24.95 is a great number too
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i think the choice is clear.
Do you want to drive a volkswagon or take the bus? It. Is. Up to You. |
children children children with respect and balance your price points have nothing to do with your joins or sales...if your content is desired your surfers will pay whatever...PERIOD
What you need to understand is your joins are directly related to your join form submissions...you look at revenue numbers, rebill numbers...the one stat that you should be obsessed with are form submissions... that is the conduit for the transfer of electronic transfer of digital revenue...form submissions form submissions...it does not matter your updates, your content, your traffic, your form submissions are what are constant...and when you understand this you have solved the puzzle of squaring the circle in adult WHen you realize that with certain billing options you do NOT have access to surfer movements before form submissions then you understand who has the REAL POWER and then you can begin to play real chess... but I am a crazy bitch don't listen to me |
Jesus.. thread crashed by Swirls.
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29.95 works the same as 19.95. The only difference is the money you make.
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i will never go under 29 dollars - i have discounted 60 and 90 days memberships.
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The way it happened was weird for sure, I'm sure there is always a good explanation for everything, but what sara says, is somewhat true. Just remember, you are looking out for you, who are they looking out for? |
The only way to know is to test. The number to look at is the recurring revenue/average income per member.
While it is true that you may find that $29.95 converts just as well as $19.95, or possibly even gets more joins, the retention may differ drastically, so keeping an eye on the retention is key. Certainly if you can keep a person paying at the lower price for a year vs the higher price at only 45 to 60 days, then the lower price would make you more. So maybe you set the higher price for joins but keep the lower price for recurring, but only by testing will you know what works best. :2 cents: |
34 to 29 until the cancel....then hit them with the win back for the lower price (decide what you are willing to give them and at what price). Not an owner or a decent webmaster at that...just 2 cents from a low man.
Especially on rev share. |
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I see split testing is still a foreign concept to adult site operators...
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We made that move for one of our sites in April. From $ 24.75 to $ 30.98. We also added a bigger diversity for membership duration. Sales went up with 23% and rebills went down with 9% (this seems stabilized: June 90% <> July 92 <> August estimated on 91%).
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thanks guys this is exactly the type of info I wanted
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i am having the same issue on a mainstream site...deciding where to put the price.
However we are not open yet...so until i can see numbers its all theoretical. I am wanting 39.99...partners want 19.95...so 29.95 it will be...i cant help but feel we are leaving a lot of money on the table. |
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Price elasticity in adult seem to be very low, at least what I have observed over the past 10 years so I would not discount a membership from $29 to $19.
Now the $39 price point is another story, from $29 to $39 I would strongly recommend some A/B testing, as in my opinion, the quality and perceived value of your content will strongly matter... |
A-B testing is key.
I'm actually considering raising my prices points from $29.95 to $39.96 |
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:1orglaugh:1orglaugh:1orglaugh:1orglaugh:1orglaugh |
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:winkwink: |
clips, you are fucking retarded
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comeon guys don't let the thread regress, we were getting some good input
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However, these days, especially if I would be running a video site, I would definitely think about a lower price point for the rebill, plus bonus content to reward those that do rebill. |
That is exactly why we expanded memberships with 3, 6, 9 or 12 months. And what ever you want, you will have the choice between non recurring and recurring. This is also because we don't believe the "recurring-system" will last forever.
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Customers are used to prices going up and up and things becoming more expensive all the time.
When I grew up a beer in a bar was $2, now the same beer is $8 If you are still charging $19.95 for a membership you are shooting yourself in the foot. You will not see less sales or rebills if you change it to $29.95. Even if you do see a slight decrease, the extra $10 per join on all the sales will make up for it bigtime. You can even use $39.95. Especially on the rebills for cheap trials. It WILL make you more money. 100% guaranteed. |
always offer three price plans.
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Higher price points like $29.95 are attractive to affiliates but only if they think your site is top quality and have great tours & tools that will convert. You should do lots of A/B testing, and add a script on the join page that detects of the customer leaves the page before joining, to offer him a second, cheaper / better deal, and A/B test that as well. After a few months you will know which price point works best for you.
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We have tested the shit out of price points and on the current sites $29.95 outperforms by a long shot. We even went as low as $9.99 and it brought sales to a stand still. Back to $29.95 and the sales came back. Almost defies logic.
We're about to open some new sites and will test those as well, but I won't be shocked to find the same is true for them. |
Customers expect a crap site if the site is super cheap, that's why you get less sales (or at least not more) with a $9.95 monthly membership fee.
The best pricing option for a full month membership is between $25 and $30 For the trial it's $1 and recurring at an amount between $25 and $40 It doesn't matter what content you have. These prices work the best, it's been tried and tested over and over again. Just look what the biggest sites use. |
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It's the same flawed logic - why are they cheaper than others? I assume someone who joined sites for $29.95 before and was satisfied will also be hardly persuaded to join by a lower price, unless it's review site surfers who, according to experience, usually look for a discount, try to download as much as possible and cancel immediately so they don't get rebilled. |
Fiddy!!!!
Here's a few join prices for our sites :thumbsup $49.50 - http://en.caribbeancom.com/eng/join.htm $65.00 - http://en.1pondo.tv/eng/join.htm $48.50 - http://en.10musume.com/eng/join.html $80.00 - http://en.jpboys.com/nyukai.php |
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I've also seen stats of a few larger companies who offer $1 trials. Silly numbers. That said, file lockers sell the hell out of $9.99 memberships. Not sure if you saw any of the Oron stats, but they were selling insane numbers of memberships. You would think the same logic would apply there, a higher cost would result in more sales. Who knows, maybe it would. But who can't afford 9 bucks? Whatever the case, this is the importance of testing, testing, testing. And what works for me may not work for you. |
DWB your avatar is so wrong :1orglaugh
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