Quote:
Originally Posted by willwank
Question is, is it worth $29.95 recurring monthly? If the market says no, chances are they will turn down $14.95 or $9.95 too 
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Is it worth $29.95 *the first month* is really the first question you have to ask. Because if the site has no interaction then the only thing that changes on the site is a few updates. Even if the site updates every day, think about it... Person signs up for the first month to get access to 3,4,5,6,7,8+ years of content all for $29.95..... then these guys expect that person to pay another $29.95 each additional month for what, a most an additional 1% of new content??? Once they seen what you have they either downloaded it or watched as much as they want for that month and they moved on.
It's one (big) obstacle to get people to sign up initially for a picture and video site, but it is almost impossible to get them to rebill... besides the ones that forget, which likely makes up the vast majority of the ones that don't cancel after the first month. I am not saying that no one is doing, some sites are still retaining, but they are few and far between and its only g oing to get worse and worse.
So its getting harder and harder to make new sales for these sites and when they do they give the members no incentive to rebill, pay the same price to see a this -><- new content, every month? its crazy that people are still clinging on to this model.