03-30-2011, 05:27 AM
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It's 42
Industry Role:
Join Date: Jun 2010
Location: Global
Posts: 18,083
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Mark;
Our credits are sold in the local currency expressed as 1€ = 1 credit with the customer's internal balance expressed in either $USD or €. Being based in Rotterdam, Holland we deal with a large revenue share of Western European customers so the concept of € v. $ is a bit different.
Valuation of the "token" is always open to debate, e.g.; whether to sell tokens for 1/200 unit of currency or at 1:1 to the currency of reference. The philosophy is one of the customer being aware of the expense or that the customer needs to conceptualize new value i.e.; 10 tokens = 1 Currency Unit.
My own personal belief is that familiarity is the best path to take ... I think people like to understand what something is going to cost them in money terms. Most long term players in the cam industry have adopted this currency equalized approach. I suppose we pass many customers around, as buyers at one website or another, one thing to consider in customer acquisition is familiarity with a substantially important aspect to a buyer — cost.
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