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
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.
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
basically what i am saying if Udimi idnt have a 0.40 minimum it was 0.50
By the way that was quite a snarkey reply
I can not disagree with Glen and Kujtim.
But at the same time even if Udimi changes to 0,50cpc.
Then all sellers will compete at 0.50cpc, so that is not much of a solution in my eyes.
Kinda makes more sense if tier 1 100% has a base price of 0,55cpc can not go lower
same at t1 90% base price 0.50cpc and you could change it upwards but not lower
(CPC cost is just for example)
Once the lower price is set at 0.50 cpc then 100%T1 will be set at 0.65 cpc automatically, can not go lower than that. (except maybe thru special offer)
correction:100%T1 will be set at 0.60 cpc
Exactly, there is nothing to stop anyone from selling at $0.50 per click or more, that's what's called a free market economy. Obviously, if you charge a higher price, there will be lesser sales, then the onus is on convincing customers you provide a better service which is worth the higher price, such as more consultation on their landing pages, providing a higher T1 percentage, providing a fast turnaround time, 24-hour service with help from your assistants etc.
There are already controls here to stop sellers from selling at ridiculous prices like $0.20-$0.25 per click (which many are doing on FB) and also to stop sellers from selling at $2 per click. $0.40 is sufficient at this point in time and most sellers in the Solo Deals section are selling at that price point because it is a nice balanced price which makes sense for buyers and sellers. If sellers want to tweak their prices around it and increase it slightly, there is nothing to stop them.
GOOD IDEA YOU HAVE
You dont seem to see the logic here if the price gets set at 0.50 minimum then it will have the same effect as 0.40 a click minimum here now people will have no choice but to pay that if they want to shop at UDIMI . It will either work or it wont but if it does it provides all of us a greater chance to earn more.
Oh I do see the logic, the logic is that everyone will have to pay $0.50 per click and above for their clicks, and all sellers are forced to sell at that price, even newcomers trying to get reviews. Where does the inflation end, in a few years everyone will be looking at paying $0.90 per click and nobody will be ordering 1000 clicks at that price. The minimum was only raised last year to $0.40. The timing for such increments have to be right and now is not the right timing to ask people to pay more.
Also, a buyer who might be thinking of getting 200 clicks will now be thinking of getting just 150 or even 100 clicks, because the price per click on average has gone up in your scenario. The result - only a few sellers win (in the short term), and all buyers get less value than what they are getting now.
$0.50 minimum is a bit too high, $0.30 was too low, $0.40 minimum is just nice. Anyone who wants to sell at $0.50 per click is able to do so.
I really agree with this. a minimum of 0.50 cents per click would be great for sustainability. There is a cost to ensuring quality leads and traffic. At 0.40 cents a click it becomes extremely tough for sellers to be sustainable long term