Quote:
Originally Posted by Mr. Deltoid
At this point last year, my revenue from Streamate dropped off a cliff. This was especially odd because the change happened almost instantly -- normal revenue in December 2018, 1/3rd as much starting in January 2019. This coincided with a noticeable decline in models/talent on the site itself.
Has anyone else experienced a precipitous drop in revenue from Streamate? Any theories as to why this is? From what I've been able to tell, it's mostly related to models (and customers) shifting over to Chaturbate. That said, the steep revenue decline happened suddenly, so I'm really not sure what to attribute this to.
Separately, does anyone know if Cambuilder might follow Chaturbate in introducing Bitcoin as a payment method? With Paxum and other processors rendered totally useless, this payment method has turned out to be extremely convenient as an alternative to checks or wires. If anyone from MTree/Cambuilder sees this, is BTC under consideration?
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Maybe AB5 is causing a drop in models? I saw models complain on Twitter that they can no longer work on Streamate as independent contractors if they aren't employed by a 3rd party. I think they're banning California models from broadcasting if they're not employed.
Other cam platforms like Chaturbate and MFC seem to take the legal risks. But this is something very recent, while you say your decline in revenue has been going on for a year now.
I'd recommend to take a good look at your traffic sources. Are you delivering the same quality traffic as before that period? Maybe you lost a couple of whales which can have a huge impact as well.