Quote:
Originally posted by Becky@Feb 22 2005, 01:35 PM
CJ - I'm still a firm believer that this industry is going to have a crash. I think that the price of traffic is way too high for what it's really worth. Yes payouts remain high, but in order to continue to pay those high payouts, you need to beat the surfer up with consoles, x sells, high recurring memberships, member upsells, emailing, some even resort to deceptive billing practices, etc. All of this gives our industry a bad name and eventually something is going to give. And none of the sponsors out there are going to cut their payouts.
My best guess at this point is the death of 3rd party processors will bring it about. Once it requires merchant accounts to be able to process for paysites, things will correct themselves, I'm sure of it.
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Agree with every point you made Becky ... we are heading for yet another big industry crash but this one will cull the industry in half, or at least split it into 2 distinct groups ... serious and hobby
I was thinking the epoch rumour was going to be the start of it
Like you said, once everyone is required to have their own merchant account it will become a lot harder industry to get into ...
BRING IT ON!!!!!!
How is everyone in the ARS crew doing these days? You seem to have branched into so many other areas the adult side must be a very small part of your business now? How did the video games that mark was working on go?