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Old 04-28-2010, 09:49 PM  
jaromir
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Join Date: May 2003
Location: EU - Czech Republic
Posts: 556
Quote:
Originally Posted by Davy View Post
I can understand that. The banks charge me 20 Euros alone here in Germany to cash in a check.
But you also need to consider that people in the US have no clue what Euros are worth. If you charge them 20 Euros, they probably think it's $50.



For a brick-and-mortar business, this is true. For the internet - not so much.
You can copy digital goods without any costs. And people know this.

It's good that you think about your running costs and breaking even.
But your prices look way to high to me for a new site. What kind of content would you be selling?
Niche is general single amateurs, nothing special.

So what price you advice me? Something low, that is standard? What about (19,99€ 1M / 44,44€ 3M)

30 USD is right now 22,8 EUR, but price 19,99€ look nicer
20€ * 3M = 60€ * 0,777 (typical $30 1M / $70 3M discount) = 46,62, little lowered to nice 44,44 may work (26% discount).

What you think, about 19,99€ 1M / 44,44€ 3M PRICE???

"people in the US have no clue what Euros are worth"

Is this real problem? How many peoples may consider to not buy only for this reason. For example CCBill if i will define price in EUROs will show to buyers in USA price converted to USD, so they will see value in dolars.

Simply, I may do three things:

1) Charge in $ - I'm NOT living in the USA and the USD/EUR fluctuating will be problem for me and, I will think constantly to it.

2) Charge USA $29,9 and EU €29,9, so EU users will pay more, I see this in many paysites, but I do NOT think, it's clear (to have two different prices based on the country, where customer living)

3) Charge in EURos, this will be good for my accounting, for my brain (It will be easier for me to calculate in EUROs profits, advertise price,...), simply it will be EASIER for me, but it will be not easier for my customers from the USA.

How big market wanna charge in EURO, and how big market wanna charge in USD?

USA Is almost same size as EU, so difference will be probably in the other countries, the peoples outside EU and outside USA, which know probably USD for the longer time...

But for me, will be to charge in EURO more easier, and i will like it (if it is possible). I'm the big EU patriot too, so this is the reason to not charge in USD too, to little "propagate" my future currency...

In future may be China, or Indian really big, so we may charge in other currencies too, I think EURO is and will be famous currency.

Last edited by jaromir; 04-28-2010 at 09:54 PM..
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