Monday, October 4, 2010

Set the live chat price that YOU DESERVE



Considering how hard Camgirls work, we should set our prices accordingly. If you are at a high-traffic Camgirl site like Streamate, Adultwork or even LiveJasmin and you’re CONSTANTLY  getting privates then logic would dictate that your DEMAND is very high and there’s only so much supply-your time-to go around.
So, what does a good Camgirl to do? Again, basic economics state that if there’s a huge surge in demand for YOUR services and the supply STAYS THE SAME (you can’t make anymore of yourself) then the price needs to go up!
This should be exciting you busy girls right about now.
Essentially, if you are still getting a very consistent stream of privates (where it’s almost too hard to keep up with) then you need to be upping your prices once a week. Personally, I will change my prices by very small increments but when I first started camming I would up my price somewhere around 12 cents a week. Now, this doesn’t sound like too much but over time, you have very subtly added a significant percentage to your total revenue earned every time you get online to be a Camgirl.

"...if there’s a huge surge in demand for YOUR services and the supply STAYS THE SAME (you can’t make anymore of yourself) then the price needs to go up!"
With Streamate, you can only change your prices once a week but I actually think this is perfect because it gives a Camgirl ample time to determine if the demand is still strong at this new, higher price. If it’s still a little overwhelming to keep up with all the privates then I would raise my price another 10-12 cents per minute THE NEXT WEEK. Continue to do this until you start to see your weekly sales flatten out (or ceases to increase in total earnings).
"With all this being said, it's important to determine if your 'demand' is actually going up and the traffic to your live camsite needs to be robust and consistent in order to make more coin by increasing your price-per-minute for live chat." 
We are trying to find the “sweet spot” as far as price. As long as traffic is thick and consistent (like at a LiveJasmin or Streamate) then toying with your prices can make the difference between a $500/weekly check and a $600/weekly check. An extra $100/week does NOT hurt considering all you have to do is tweak your “Exclusive Price” or price for “Privates”, etc. With all this being said, it's important to determine if your "demand" is actually going up and the traffic to your live camsite needs to be robust and consistent in order to make more coin by increasing your price-per-minute for live chat.
The relatively small increase in price will not be as noticeable to your regular visitors and clients and will provide bigger, more consistent payouts. As the old saying goes, you can’t simply throw the frog into a boiling pot of water. You have to put this frog into room-temperature pot of water. THEN you turn up the heat and slowly turn that water into a boiling pot.

"The relatively small increase in price will not be as noticeable to your regular visitors and clients and will provide bigger, more consistent payouts."
The same basically applies to raising prices. If you raise your price TOO HIGH, too quickly then it can scare off a significant portion of the clients that make you money (in other words, the “frog” has jumped out of the boiling pot of water). However, if you just raise your prices a little at a time then you’re golden and you’ll make MORE MONEY as a Camgirl, which is obviously deserved!
Don’t boil those frogs out of your room ladies! ;)

Cheers :)

Lisa X
http://www.camgirl-advice.blogspot.com/
www.twitter.com/CamgirlAdvice
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Thanks for commenting! I'll reply ASAP! Ciao!

Lisa X