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Any Significant Startup costs?
As my last post (Hosting Costs…) indicates, I’m looking into setting up my own pay site. I’m currently working on AVS sites and so I don’t have the first clue as to the challenges I’ll be faced with in this endeavor and would really appreciate your input.
I have about a trillion questions but I’m just gonna bother you guys with the more important ones…
- Are the any Huge/Significant upfront costs in terms of hosting and/or payment processing that I need to consider? (I’m familiar with the new Visa policy requiring a $750 startup fee) I remember a few years ago some one told me that there was a $200,000 startup cost to set up streaming video. Is that right?
- Is it still possible today to find a good payment processor that will process BOTH visa and mc (including checks and phone billing)…AND also provide a good rev sharer program? Would CCBill be the answer?
- Is hosting really that expensive? Would 6000GB of transfer per month cost nearly $10,000 (if not more)?
These are only some of the questions that come to mind right now. Is there anything else I should know? Are there any future milestones I should prepare for? Anything I should know that might make me reconsider going through with this costly project?
thanks a lot guys. I really appreciate it…
AlE
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virgin by request ;)
SnowBoy, there are several options with your billing, depending on where you live and what type of risk you want to take (you can still get a verotel account for no setup fee anywhere in the world, but that is not recommended!!!) Like I mentioned in your other post, contact me! I have personally help set up several dozen successful paysites and ALL of them are still running and are all hosted with us! I will help you with your billing requirements, your security, your hosting, etc. Oh, btw, 6000G transfer a month would cost around $2-2.5K, depending on how you want it set up, not 10K+! However, if you are pushing 6000G you will likely have about 80 to 100 signups a day with a base of at least 1000, so you will be making good money by then.
Cheers!
Luke
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