Important Changes: pricing model and features
When things fundamentally change (like the Google smartpricing for ads) in your business, you want to know as early as possible. So let me publish it here right away:
Tradebit.com/de will change it’s business model for the beginning of April 2008. There will be a lot of changes rolled out until then, but let me summarize before the detailed email goes out by end of this week.
Our board of directors (including me as the CEO) had that long discussion about the road ahead today and we see, that the low flat rates we offered in the past have attracted too much file hosting customers, which take tremendous computing power and bandwidth from the whole cluster. We currently serve over 2.5 million downloads daily! Only a small fraction of it is really sales of downloads, or better: only a few sellers do also use this function for promotion distribution. Most of the downloads are users who like our stable system to serve movies or music into their MySpace and Facebook pages.
- As mentioned already: there will be no more file hosting (read further)
- Users with files on their accounts will be able to keep them there, but unable to change anything or upload new ones
- There will be no more flat rate offers, all packages will be based on revenue sharing - existing flat rate offers will be transformed by the 1st of April (that is not a joke) and if you do not want that, please let us know!
- There will be a simple and straight forward 25% revenue sharing across the board on all accounts - for that rate we can continue to provide you the right platform with the right speed and reach.
I know that these are tremendous changes and some of you might not be very happy with this. We apologize to cause inconvenient configurations and changes! We will be able to make most of the changes go smoothly for you! Payment buttons already placed in your pages do not need to be updated.
We will mail you the details and account-dependent specialties until Friday this week. We just feel it is best to come out with this news ASAP! We do hope that more than 4 weeks upfront are a solid grace period for you. Tradebit has to be changed that way. Servers need to be updated, ads to be placed and that all involves serious investments from our side.
(0)
February 25th, 2008 at 5:07 pm
Some additional notes:
all accounts will then have google checkout and payouts will be every 2 weeks directly in your paypal account!
more follows soon!
March 21st, 2008 at 7:29 am
Hi,
What I need to know is this:
Under the new system, if I’m selling a file for $1.00, how much do I get for it? I mean, the actual figure after you, Paypal and anyone else involved take their cut.
Thanks.
Maria Fernandez
enquiries@spanish-bookworld.com
April 8th, 2008 at 1:33 am
I did not receive any advanced notice of the change. I would think that you could have at least notified your clients of the changes via email. I just noticed I was not getting paid for my sales and was concerned that something had gone wrong with the system and I guess it has. 25% off the top of my sales plus you just debited my paypal account for ” subscription payment” that doesn’t really exist now! So do I really have more space to upload files? So supposedly I will get paid in two weeks. I can hardly wait!
Perhaps I don’t sound too pleased. Well I’m not.
M.S. Livingstone
April 8th, 2008 at 3:46 am
hi, you should cancel that subscription! I will refund you, if you mail me the details. The problem is, that these subscriptions are shattered over 3 accounts…
also: if you do more than 500 US$ per month, we will raise your payout to 80% automatically - even higher, if you do more!
April 28th, 2008 at 6:41 am
I am also a bit unhappy with the changes. Admittedly, I did receive enough notice (6 weeks notice) to my registered email address, and I was aware of the new business model coming up. I thought 25% was a bit too high (and it is), taking into account that if I want to sell through CB, I would have to pay them too… and then I would have to pay the affiliates… and then the tax man! But I decided to raise the price of my book, and see how it works.
Notwithstanding the new business model, I still was charged the full monthly fee at the end of March (28th) for April, and today once again!
I have sent an email requesting a refund of the 2 monthly fees. If the system was changing as from April, I should not have been charged for April at the end of March.
I’m considering moving back to Payloadz. They have a flat structure of 15% anyway, and I think TB should match that.
I ain’t happy, dudes.
Jeff
April 28th, 2008 at 6:51 am
And, by the way, nowhere in your notice above explained that we had to cancel our paypal subscription payments to Tradebit!
We were only told that the business model was changing to 25% revenue sharing, but we weren’t told we had to unsubscribe!
Jeff
April 28th, 2008 at 7:00 am
Jeff, the clickbank sales are FREE of charge! There is a big misunderstanding…