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To those who think the downturn is due only or mostly to the economic decline.
Good luck with your theory, hope you will last out till the recovery and pray that customers lost during the depression will return. I've worked in this business for over 30 years and through many recessions, we used to be immune to them. Plus the downturn happened before the recession, it just made it worse.
To those who blame free porn.
This industry spends way more on getting free porn in front of customers. And a lot less on the product we sell. No other industry spends more money on discouraging buyers than it does on keeping them.
What has the industry done to make the product it sells more attractive to buyers?
It used HD cameras when they become available. Besides that few sites have done anything to improve the product. Some have grown in size and some just churned out new sites of the same type as 1,000s of other sites.
Today we compete with Tube sites for the customers money, yes Tube sites have to sell to survive, and yet paysites are still stuck in the format they were 10 years ago. Still just a place to download videos. Why would anyone pay to download videos when they can get them for free. And why has the industry not adapted to the situation?
You have to adapt to survive and this industry has not.
And if paysites can't deliver a better product for $30 a month than Tube sites or social networking sites, then who's to blame the customer for turning his back on us.
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