|
Another thing doc omitted was processing fees and bank charges. So lets apply them to his figures. At 6%
100 trials at $2.99 = $299
50 rebill at $29.95 = $1497
Trial Total: $1796
2nd month, 55% retain for 27.5 members = $823
3rd month, 55% retain for 15 members = $449
Rebill Total: $1272
Total: $3068
Less processing fees and bank charges of $152.90
Affiliate Payout: $3000
Loss of $84.90
Not listed CBs and the fines for them.
Add the cost of hosting, programming, content, affiliate support, admin staff and premises, legal, accounting, etc. And the loss on affiliate traffic climbs.
Even taking docs figures as accurate the sponsor loses on these 100 trial joins.
And as for knowing anything about this industry, I've worked in it for 33 years and watched many experts crash and burn.
|