| What do you think? |
| I'd pay a monthly fee if there were real-time quotes. |
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5% |
[ 1 ] |
| I'd pay a monthly fee for no ads. |
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0% |
[ 0 ] |
| Leave it Free, I'd go somewhere else otherwise! |
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94% |
[ 16 ] |
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| Total Votes : 17 |
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| Author |
Message
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| Benjamin |
 Posted: Wed Feb 22, 2006 10:10 am Post subject: Upgraded Memberships |
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Administrator
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If we offered real-time quotes would you pay a monthly fee to use the site (Say like $9.95)?
How about a monthly fee if there were no ads (Say like $4.95)?
Should the site just stay how it is...totally free!? 
Please vote!
Comments appreciated. |
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| Im Not Warren Buffett |
| Posted: Wed Feb 22, 2006 10:12 am Post subject: |
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CFO
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I think that if you started charging a fee, it would kill membership.
Don't do it. |
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| jdunn72 |
| Posted: Wed Feb 22, 2006 10:19 am Post subject: |
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Member of The Month
March
Joined: 26 Jan 2006
Posts: 1407
This Month: 0
11506.18 e$
Net worth: 11,506.18
Portfolio Value: 0.00
Monthly Return: 0.00%
Trades this month: 0
Churn Rate: 0.00%Items
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| I second that, I voted for leave it free. |
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| lostsoul01 |
| Posted: Wed Feb 22, 2006 10:22 am Post subject: |
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Investing Sr. Associate
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I agree, no membership fees is best, whether optional or not. Eventually something would come up where you'd have to be a paying member to get in and that would be a real turn off.
In response to paying for no ads, you could probably add more ads and I wouldn't mind one bit. But, I don't know how much more they'd get clicked on either, so I don't know if that would bring in more revenue. |
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| vetelmo |
| Posted: Wed Feb 22, 2006 10:50 am Post subject: |
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Moderator
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| nelaina |
| Posted: Wed Feb 22, 2006 10:51 am Post subject: |
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CFO
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i would suggest not charging a fee for use of the site. If you were only going to charge for access to real-time quotes, well thats up to you, but if i were you i would only do it as an optional added feature not as a fee for general access to the site.
but my vote is no. |
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| frusnak |
| Posted: Wed Feb 22, 2006 11:29 am Post subject: |
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CFO
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Keep it Free  |
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| geb9696 |
| Posted: Wed Feb 22, 2006 12:53 pm Post subject: |
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Investing VP
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I have a few business questions before I actually answer the question, feel free to not answer since most arent really my business.
First, Would the rate charged for the real time quotes make it so the site just breaks even or so the site is more profitable? If it is so the site is just breaking even then I would not recommend ding it because a lot of people would leave. Many people feel everything on the internet should be free so charging to access a website is often a big turnoff.
My next question is, for my extra money do I get anymore articles, features, etc. or is it just the same site with real time quotes? If you want to charge for membership I think you need to bring more to the table then just having real time quotes in the simulator.
Lastly, Will the old simulator be free or will it only be viewable for those who pay? Not to sound mean but before I would charge money I would fix the return percentage. I dont see how you can charge for a product that is knowing flawed.
I know I might have sounded harsh but before charging people money for something that is on the internet you have to be very sure of how and why people will pay for it. Most people feel everything should be viewed for free so charging to view the site could kill membership. |
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| Benjamin |
| Posted: Wed Feb 22, 2006 1:05 pm Post subject: |
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Administrator
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I was looking into incorporating real-time quotes for the sim to allow day trading and end all questions to our delay of the delay issue.
I think we could get them from the same place Yahoo does for maybe $400/month. At this point that would put us WAY in the red. Yahoo charges $14 for their real-time portfolio software. But I think we'd need to offer more services.
Has anyone seen a sim with real-time quotes? I think that would put us on a very short list.
Anyway, once we can afford it, this will likely happen. |
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| geb9696 |
| Posted: Wed Feb 22, 2006 1:32 pm Post subject: |
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Investing VP
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| Benjamin |
| Posted: Wed Feb 22, 2006 1:48 pm Post subject: |
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Administrator
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Thats what Yahoo charges. We would probably charge quite a bit less.
At this point though I think we'll have to wait until advertising income is sufficient to cover those costs. Maybe when we're up to about 10,000 members.  |
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| nelaina |
| Posted: Wed Feb 22, 2006 2:59 pm Post subject: |
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CFO
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| it will come. another board i was once active on had only 1000 members when i signed up in 2002...now in 2006 they have grown to have over 50,000 members. They still offer free access to the boards, but they started featuring merchandise, and other advantages at a cost. Its really working to their benefit, however Ive pretty much lost interest in the site now because its become toobig and too commercialized but of no interest to me, and for other various reasons i just have no interest. In this case, you don't want to have too many members because you want to try to keep the crap away...thats the problem with the other site, pretty much anything goes there. |
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| akh098 |
| Posted: Thu Feb 23, 2006 11:13 am Post subject: |
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Investing VP
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Keep it free. But i understand we need to help moderators to recover cost of forums or any other value added services.
Best ting we can do is to convince our frnds to sign up and grow tis site further |
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| jeter4982 |
| Posted: Tue Feb 28, 2006 3:10 pm Post subject: |
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Investing Sr. Associate
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| I would say keep the site free for the actual forums, but personally I wouldn't mind paying a small yearly fee (less than $30) to just be put in a special user group, with perhaps a private forum for contributors to eInvesting... |
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| NCSUPAGE |
| Posted: Wed Mar 01, 2006 5:19 pm Post subject: |
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Investing Manager
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| Keep it free to keep the playing field even and maintain the open and active forums. |
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