Victoria Givens: Porn is not Recession Proof

[softball]

Here is my credit card strategy, recession or no recession. Never pay a penny of interest. never buy anything you can't afford. If you want to get an indication of what you can afford, go to the bank and ask for a line of credit and if you need credit live within that. Credit card debt is for mugs. I use credit cards for two things. Paper trail and airline points. I now have one million airline miles. That is useful. Credit card debt is crippling, but thank God our customers use them.
Also, as Alex says, the recession manifests itself in lots of ways. Even though the Starbucks around me are always full, I suspect that most are ordering tall coffees instead of grande....I know I do. That has to hurt.
My customers are doing the same thing. But on the bright side, I still have a profitable business and customers. Many don't. Internext should be interesting.
I will be in the trailer park at Circus Circus....its post modern chic, dontcha know.

[MRock]

I hear ya' Rhet. Very wise indeed, but my point was that our customers are having this happen. Jill gets a lot of feedback through her live cam shows with guys and this credit reduction had been told to her by several of them. We weren't always sure to believe them. Sometimes guys will make up stories to explain their reduction in visits. Now it has happened to me directly, I tend to believe they were not lying.

To bring it back to the original post, Victoria may be reducing her price for customers that no longer have the credit available ... therefore, she may only be reducing her income on the ones that still do have the credit line.

I'm giving my new price point 30 - 60 days. I can always go back and reduce it.

[Paul Markham]

We could also look at more flexibility in pricing, how about a 10 day pass that gives the member 10 days to login of his choosing. He can use the 10 days in 10 or in 100 it's his choice. The numbers of days and price offered can be altered as suits.

The guys who want to log in once a week will not sign up and they are lost, the rebills you lose might be lost on one side and gained on the other. He does not cancel because he knows he has another 10 days of his choosing.

[softball]

Originally Posted by MRock

I hear ya' Rhet. Very wise indeed, but my point was that our customers are having this happen. Jill gets a lot of feedback through her live cam shows with guys and this credit reduction had been told to her by several of them. We weren't always sure to believe them. Sometimes guys will make up stories to explain their reduction in visits. Now it has happened to me directly, I tend to believe they were not lying.

To bring it back to the original post, Victoria may be reducing her price for customers that no longer have the credit available ... therefore, she may only be reducing her income on the ones that still do have the credit line.

I'm giving my new price point 30 - 60 days. I can always go back and reduce it.

Our strategy has been to have sales. For instance join one, get one free for a month. You get the idea. It works very well and price reduction is not an issue when "the recovery" happens. If it ever does.....lol.
This works well if you have a substantial email list of enthusiasts.