0.50 cent minimum CPC?

0.50 cent minimum CPC?
Glenn Fedoruk
7062  / 242
196 posts / 71 likes
10

How do all sellers feel about a 0.50 minimum on Solo ads . 0.40 is too cheap for the costs involved now and advertising for customers outside of solos has gone up . Most ppc campaign if running in Bing cant even barely get a click at 0.40 on highly targeted keywords. i think the time has come. I dont think business will slide because all will be inline with this on the site

Posted 3 Oct 2020 at 16:40
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Glenn Fedoruk
7062  / 242
196 posts / 71 likes
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Reed Floren on 05 Oct 2020 at 02:29

I don't believe that raising it across the board is a good idea especially in the current climate.

If some sellers want to raise their rates then they can do so. The market will decide who is worth the extra money and who isn't.

I dont agree at all clients will always go for the cheapest


Posted 5 Oct 2020 at 07:00
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Glenn Fedoruk
7062  / 242
196 posts / 71 likes

the volume i sell when i drop my price compared to when i raise it is stagggering . sometimes increasing even by 10 cnts gets half volume because that customer now has chosen a cheaper seller


Posted 5 Oct 2020 at 07:02
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Fabian Tan
1489  / 28
32 posts / 12 likes
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Reed Floren on 05 Oct 2020 at 02:29

I don't believe that raising it across the board is a good idea especially in the current climate.

If some sellers want to raise their rates then they can do so. The market will decide who is worth the extra money and who isn't.

I agree with this.

Fabian
Posted 5 Oct 2020 at 11:03
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Reed Floren
859
13 posts / 10 likes

If solo ad traffic was a true commodity then yes price would be the only factor.

If we judged traffic only on price sources like Adfly would be by far the most popular source. Instead Facebook and Google get the majority of online ad spend and have much higher prices.

Udimi's sorting features help people make a decision on whom to buy from. Some will only pay attention to the price. The vast majority also factor in reviews, ratings, and sales. The only way a customer is going to come back is if they are getting positive results from your traffic anyways.

Your bio and signature highlight the result a customer may achieve. Not that you have the lowest price traffic. In fact you claim your traffic may be the best regardless of how much you charge.

"#1 Udimi Seller with #1 Got Sales 8 months straight. Hall Of Fame Member $Buyers List$ 100% T1 15% OD , 35-80% Optin Rate possibility . ONLY MAKE MONEY ONLINE LINKS . Repeat business suggests this is the best traffic available anywhere at any price."

"#1 Seller 8 Months Straight - #1 Got Sales - Hall Of Fame member"

You may find that raising your prices means fewer sales and more profit for you. Forcing everyone else to raise prices because you want more in your pocket falls flat.


Posted 5 Oct 2020 at 11:34
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Fabian Tan
1489  / 28
32 posts / 12 likes

I agree with all Reed has said.


In the Solo Deals section, a large majority of sellers are selling at below $0.50 per click. If it has to be changed in future, maybe the minimum CPC for the Solo Deals section should be kept at $0.40 per click (since they are deals after all), but for the rest of the site it can be $0.45. But now I don't think is the right time.

Fabian
Posted 5 Oct 2020 at 12:01
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Glenn Fedoruk
7062  / 242
196 posts / 71 likes
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Reed Floren on 05 Oct 2020 at 11:34

If solo ad traffic was a true commodity then yes price would be the only factor.

If we judged traffic only on price sources like Adfly would be by far the most popular source. Instead Facebook and Google get the majority of online ad spend and have much higher prices.

Udimi's sorting features help people make a decision on whom to buy from. Some will only pay attention to the price. The vast majority also factor in reviews, ratings, and sales. The only way a customer is going to come back is if they are getting positive results from your traffic anyways.

Your bio and signature highlight the result a customer may achieve. Not that you have the lowest price traffic. In fact you claim your traffic may be the best regardless of how much you charge.

"#1 Udimi Seller with #1 Got Sales 8 months straight. Hall Of Fame Member $Buyers List$ 100% T1 15% OD , 35-80% Optin Rate possibility . ONLY MAKE MONEY ONLINE LINKS . Repeat business suggests this is the best traffic available anywhere at any price."

"#1 Seller 8 Months Straight - #1 Got Sales - Hall Of Fame member"

You may find that raising your prices means fewer sales and more profit for you. Forcing everyone else to raise prices because you want more in your pocket falls flat.

Yes I thought the same but unfortuantely was not the case when prices increased when other sellers remained low I WAS UNABLE TO MAKE UP THE DIFFERENCE WITH LOSS OF VOLUME


Posted 5 Oct 2020 at 18:44
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Glenn Fedoruk
7062  / 242
196 posts / 71 likes

There is no right or wrong here only opnion but it would be nice to try it across the board for even just one week to see the results of the change

Posted 5 Oct 2020 at 18:45
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Andreas Arvidsson
4187  / 17
48 posts / 18 likes

Even 0,45 across the board would be welcome, it's not impossible to change back if it wont work out as intended.

Posted 7 Oct 2020 at 11:24
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Glenn Fedoruk
7062  / 242
196 posts / 71 likes
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Andreas Arvidsson on 07 Oct 2020 at 11:24

Even 0,45 across the board would be welcome, it's not impossible to change back if it wont work out as intended.

exactly my thoughts switch it back if it doesnt work


Posted 7 Oct 2020 at 14:17
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Matej Doljak
96  / 1
19 posts / 11 likes

Well yes for us small fish in sea, its hard to prosper since you "whales" are selling t1 100% at 40 cents

Posted 25 Oct 2020 at 16:05
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Kujtim Guga
3064
145 posts / 98 likes

Not only it should rise but 0.5 but also it shouldn't allow sellers to sell 100% tier one/usa at the default price!

Posted 27 Oct 2020 at 07:28
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Anita Bennet Clark
1
1 post / 0 likes

Hello Solo Sellers,

Do your lists opt-in for gifts from Giveaways?

Thank you.

Anita

Posted 30 Oct 2020 at 23:54
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Glenn Fedoruk
7062  / 242
196 posts / 71 likes
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Anita Bennet Clark on 30 Oct 2020 at 23:54

Hello Solo Sellers,

Do your lists opt-in for gifts from Giveaways?

Thank you.

Anita

sure as long as make money online related

Posted 31 Oct 2020 at 00:52
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Mogale
62
35 posts / 46 likes

Hi Glenn. I think $0.40 per click is ok when you are trying to build up reviews. But I feel that once you get to around 500 or so thumbs up. Then you can definitely increase your price. Test different price ranges and see which one is optimal. Ultimately I believe the quality of your list is the most important thing. Once people catch on that they get great optins, good engagement from your list then they will buy even if you are not the cheapest.

Also long term $0.40 is not sustainable for business.

Posted 3 Nov 2020 at 14:31
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Glenn Fedoruk
7062  / 242
196 posts / 71 likes
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Mogale on 03 Nov 2020 at 14:31

Hi Glenn. I think $0.40 per click is ok when you are trying to build up reviews. But I feel that once you get to around 500 or so thumbs up. Then you can definitely increase your price. Test different price ranges and see which one is optimal. Ultimately I believe the quality of your list is the most important thing. Once people catch on that they get great optins, good engagement from your list then they will buy even if you are not the cheapest.

Also long term $0.40 is not sustainable for business.

Thanks for your reply . What I am leaning toward in my question is Udimi setting a 0.50 minimum IN THE CPC so that sellers cant sell below 0.50

Posted 3 Nov 2020 at 15:27
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Lia Malassa
3147
36 posts / 32 likes

Glenn, if you wanted 0.50 minimum price, why didn't you set it up yourself first?

You have every rights to increase your own pricing so please don't drag anyone into your conspiracy.

I might be wrong, but I think it is quite the opposite statement coming from someone who always sells his price at 0.40

You know it's not fair to generalize minimum prices to be the same as you wanted to while you have the most reviews compares with new sellers.


Cheers!

Posted 3 Nov 2020 at 15:56
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Glenn Fedoruk
7062  / 242
196 posts / 71 likes
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Lia Malassa on 03 Nov 2020 at 15:56

Glenn, if you wanted 0.50 minimum price, why didn't you set it up yourself first?

You have every rights to increase your own pricing so please don't drag anyone into your conspiracy.

I might be wrong, but I think it is quite the opposite statement coming from someone who always sells his price at 0.40

You know it's not fair to generalize minimum prices to be the same as you wanted to while you have the most reviews compares with new sellers.

Cheers!

No i think you are missing the point I was trying to make . If the minimum was 0.50 then customers reaction to that amount will be fine where as if you set it to 0.50 now customers are more likely going to buy at 0.40

Posted 3 Nov 2020 at 16:22
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Glenn Fedoruk
7062  / 242
196 posts / 71 likes

basically what i am saying if Udimi idnt have a 0.40 minimum it was 0.50

Posted 3 Nov 2020 at 16:23
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Glenn Fedoruk
7062  / 242
196 posts / 71 likes
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Lia Malassa on 03 Nov 2020 at 15:56

Glenn, if you wanted 0.50 minimum price, why didn't you set it up yourself first?

You have every rights to increase your own pricing so please don't drag anyone into your conspiracy.

I might be wrong, but I think it is quite the opposite statement coming from someone who always sells his price at 0.40

You know it's not fair to generalize minimum prices to be the same as you wanted to while you have the most reviews compares with new sellers.

Cheers!

By the way that was quite a snarkey reply

Posted 3 Nov 2020 at 16:25
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Kujtim Guga
3064
145 posts / 98 likes

I agree with Glenn here.

Min price per click should increase to 0.5cpc.

With all the sellers, competing by price, at 0.4, no one is going to make it long term.

Posted 3 Nov 2020 at 16:44
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