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Submitting products for a fee!

Adding new revenue model

     
2:32 pm on Jun 2, 2004 (gmt 0)

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Hi,

I have site that let my customers to submit their products for free, now I want to let them to submit their products for a fee 2-3$ maximum at this way they will have advantages like; products will have most exposure and so on. At the same time I will keep the old way (submitting for free) but of course their products will not have the same advantages as submitting for a fee.
Do you think that this will work and success?

Thank you.

2:45 pm on June 2, 2004 (gmt 0)

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WebmasterWorld Administrator rogerd is a WebmasterWorld Top Contributor of All Time 10+ Year Member

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Etar, this question is kind of difficult to answer without more information. What it really comes down to is the value your product submitters place on your site - do they get a good flow of leads and sales now? If so, they might be very willing to pay a small listing fee. If they derive little value now and list only because it's free, then you will probably have few takers on the paid offer.
2:55 pm on June 2, 2004 (gmt 0)

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Thank you Rogerd for your replying,
>If they derive little value now and list only because it's free...

Actually I do not know if they really have a value now when they submit for free, I do not know how can evaluete this position now!

3:05 pm on June 2, 2004 (gmt 0)

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WebmasterWorld Administrator rogerd is a WebmasterWorld Top Contributor of All Time 10+ Year Member

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One way to evaluate things (other than simply contacting your current advertisers) would be to check your logs and/or click-tracking data to see what kind of traffic you are sending out. If you aren't tracking clicks now, you should start.

I'd make my case like this:

Dear ____,

Thanks for submitting your free product listing for the Widget Polisher. We've run this listing for two weeks, and during that time we've sent 105 visitors to your site. I trust that you were able to convert a portion of those clicks into sales.

We now have a new program that I am confident will perform even better, and send more well-qualified traffic to your site...

To close the deal, at least in the long run, you need to show you are delivering value. Good luck!

3:30 pm on June 2, 2004 (gmt 0)

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Rogerd, I have more than 12 new submitters each day! add to that thier will have new features for who want to submit for a fee.
 

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