Idea on pricing the forum cash for Offers

Scarface

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Can anyone please suggest best prices I can offer for the following.

Free domain how much should i charge in forum cash?
free webhosting again how much should i charge?

Here is the screenshot of the prices I give at AdminAds, just to get you an idea thanks in advance.
http://awesomescreenshot.com/0c03hkid6c
 
You should probably establish a secret "value" for your forum cash.

Here are the varabies:
- valueOfEachPost - The amount in $$$ that each post is worth to you.
- revenueThisMonth - self explanatory
- numberOfPostsInForumThisMonth - self explanatory.
- cashGainedPerPost - this is that value you set in the ACP to determine how valuable your money supply is. If it's based on word count, do an average.
- costInForumCash - How much you should charge in forum cash
- priceItCostsYou - Self Explanatory.
- markupPercentage - 🙂

The Math:

valueOfEachPost = revenueThisMonth / numberOfPostsInForumThisMonth
valueOfCashInDollars = valueOfEachPost / cashGainedPerPost

Now, the price for your services should be:

costInForumCash = priceItCostsYou * valueOfCashInDollars * markupPercent

Let me know if my math is wrong, but that is how you should probably do the pricing if you want to make a profit. If you don't have any ad revenue yet, then just make up the numbers.
 
Cosmic said:
You should probably establish a secret "value" for your forum cash.

Here are the varabies:
- valueOfEachPost - The amount in $$$ that each post is worth to you.
- revenueThisMonth - self explanatory
- numberOfPostsInForumThisMonth - self explanatory.
- cashGainedPerPost - this is that value you set in the ACP to determine how valuable your money supply is. If it's based on word count, do an average.
- costInForumCash - How much you should charge in forum cash
- priceItCostsYou - Self Explanatory.
- markupPercentage - 🙂

The Math:

valueOfEachPost = revenueThisMonth / numberOfPostsInForumThisMonth
valueOfCashInDollars = valueOfEachPost / cashGainedPerPost

Now, the price for your services should be:

costInForumCash = priceItCostsYou * valueOfCashInDollars * markupPercent

Let me know if my math is wrong, but that is how you should probably do the pricing if you want to make a profit. If you don't have any ad revenue yet, then just make up the numbers.

thanks for the input! adrevenue not yet! I wanted to keep it simple like charge very least possible!
In the begining you need to give more than what you earn! All the maths can be done, once it gets going what do you think?
 
sarhad12 said:
Cosmic said:
You should probably establish a secret "value" for your forum cash.

Here are the varabies:
- valueOfEachPost - The amount in $$$ that each post is worth to you.
- revenueThisMonth - self explanatory
- numberOfPostsInForumThisMonth - self explanatory.
- cashGainedPerPost - this is that value you set in the ACP to determine how valuable your money supply is. If it's based on word count, do an average.
- costInForumCash - How much you should charge in forum cash
- priceItCostsYou - Self Explanatory.
- markupPercentage - 🙂

The Math:

valueOfEachPost = revenueThisMonth / numberOfPostsInForumThisMonth
valueOfCashInDollars = valueOfEachPost / cashGainedPerPost

Now, the price for your services should be:

costInForumCash = priceItCostsYou * valueOfCashInDollars * markupPercent

Let me know if my math is wrong, but that is how you should probably do the pricing if you want to make a profit. If you don't have any ad revenue yet, then just make up the numbers.

thanks for the input! adrevenue not yet! I wanted to keep it simple like charge very least possible!
In the begining you need to give more than what you earn! All the maths can be done, once it gets going what do you think?

Well, you could always use the calculation I posted, except instead of charging a markup (refer to markupPercent), charge a markdown. For example, you could end up with a markup of 1.5, or 150%, but you could start with a markup of 0.2, which means you charge 20% of what it costs you. This is, as I suggested in my post, using a value for ad revenue that you made up until you get a real number.
 
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