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We would like to introduce you all to bitcoin... Again...

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Re: We would like to introduce you all to bitcoin... Again..

HiGirlsRHot said:
what matters to model is the dollars they earn. A few models complain that SM takes 65%, ... most models make more money on SM than MFC, despite the huge difference in commissions. The difference is that SM spends heavily on driving pay customers. [...] The area that bitcoin address is the cut taken by all of the financial firms ... it is around 5-10%. if bitcoin magically reduced that number to 0% you could still only increase commission by 5-10%. ...unless bitcoin/user website reduces that customer acquisition cost I don't think you can achieve your commission levels and still drive significant traffic.

This is exactly the same that I pointed, and I guess most people in this forum (or anyone in the cam industry, either as model or site) will agree, based on both experience and math notes. Of course some models make a drama on the % as a matter of principle (we need unions, this is slavery etc.), but really on a practical matter the total $$ per work period it is what let models decide what site to use and what site to abandon. You rarely hear: "I've quit the unfair site X where I made $1000/mo but it was only 35% of my price, now I enjoy making $100/mo in site B but that's 80% of my price so it is great, even if now I can no more pay my bills, I am an civil rights hero". Models are on a site to make money, not as a favor to a cam site owner because he is so nice guy, in fact most cam girls simply think we (cam site operators) are all simply evil pimps no matter what lol, so why to even try to hopelessly convince any model you aren't that bad, you run a cam site so by default you're a cheap bad guy in eyes of everyone, no matter what - at least keep your site up.

I stress again, that historically no one cam site can (or could yet) sustain paying 60%+ on long term, and this is not because bank fees. Those who paid 60% or more (mostly to be very nice guys... good faith, feel guilty, or simply bad in math) either collapsed (I count as collapsed those sites still "up" but earning very little too), or had to lower payouts to 50% or less to avoid collapse (still more wise than collapse, isn't it?). I am talking of those cam sites with revenue lower than $100k per month (of which I remind, at 50% cut the profits may be $10k/mo only, not $50k - or everyone would have opened a cam site and be rich). Probably the top 5 cam sites, with monthly revenue between $1M and $10M, could push the % payout higher and still not collapse, given they have customer base already, but there's no reason on earth they will raise models payouts (and stop buying luxury stuff)... it is not needed really, their sites are full of models, even more they need, so why? So we talk of new cam companies who needs new models+customers, and the math it is quite standard, and explained in detail in this thread, the bitcoin there should change 5%-10% only, not relevant, unless everyone in this forum is still missing some magics of GoSeeMyBits plans, which I honestly would be happy it is the case, as I do not see anything new in cam business since let's say 2010.

GoSeeMyBits.com said:
... model, we didn't convert wanted us to grow the site a bit before she would talk to us again about using it.

An issue of new cam sites it is that most models will NOT join it before to see it already full of other models. And for some models, it is required than at least one gf they know is registered there, to ask: "how this site is?". No matter how your site looks good and what you promise is good and you do that good for real, the models tend not to trust new sites until are 1 or more years old and with reviews from people they know. The issue it is to grow this first year while most models you ask to join, wait you to enough have models, this is like crossing the chasm.

On the other hand, after a site is trusted and 24/7 with models online (chasm crossed), then every other models considers to register there to try too. Popular sites can pay 20% to models that's the same they'll register in thousands, and at same time ignore the new sites paying 80% since "who knows whoa's that new site he will fail". It's a reputation and trust needed, but not based really on logic or facts, more on time passed after launch and known models doing nice reports. Models rarely believe web pages or forum posts by unknowns, only gf's talk is relevant, or seeing thousands models online anyway. Also most models write in forums bad review of sites they did not tried, just by looking at its register page or layout "I would not join this site it got grammar errors in page, and too few models online, maybe this means they don't pay", things like this, no matter the guy pays and the few models enjoy good sales not sharing customers with many.

This fact it is also geographically relevant, for example some cam sites are super popular in Romania so every romanian model is online there happy, but no one russian or american model there. Vice-versa, some site got lots of USA models while others got no one USA models. My cam sites are very popular with Ukraine models and less with USA or Colombia for example, and I can't fix that, perhaps we should open a Florida office :) This is more an historical reason than else, since the customers of cam sites are all the same USA/UK etc. guys anyway, if you exclude a few french and german only sites.
It seems that you're contacting USA models mostly? Consider that even on top cam sites with USA models as mfc, streamate, anyway the majority (90%?) it is from east europe, colombia, philippines and such, so I would not focus only on north american models. Especially "pornstars" are known not to be a success on cams, that's a different career than cam girl in most cases. I had Jassie James who is super cute but had little success in our cam sites, also she tried chaturbate, mfc with little success too, no matter if you google her and gives 21,000 results for the movies. If you take top cam girl who never made any porn may earn 100 times a pornstar in cams, that's it. I advice not to confuse "pornstar" with "camgirl" and just check the popularity in cams.
 
Re: We would like to introduce you all to bitcoin... Again..

Well I guess I can say we are actually going after South American models more than USA models. Alot of South Americans are actually familiar with bitcoins because they don't trust their government's currency, and we are trying to capitalize on that abit.

Plus the bitcoin infrastructure in South America is quite strong. So everything we talked about here we could also provided them.
 
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