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Re: PHLIPPING PHOTOBUCKET THE MIDDLE PHINGER

Postby AZSneed » Fri Jul 21, 2017 2:37 am

Trump economics, screw the customer, in other words, boast on how great it is/will be and stomp on you.
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Re: PHLIPPING PHOTOBUCKET THE MIDDLE PHINGER

Postby taimdala » Fri Jul 21, 2017 2:58 am

Yeah. Pretty much.

Autocratic capitalism at work.

Yay.
"Never, never, never give in ... except to convictions of honor and good sense."
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Re: PHLIPPING PHOTOBUCKET THE MIDDLE PHINGER

Postby AZSneed » Sat Aug 12, 2017 2:08 pm

If anyone has not read this article about why they did what they did, here is the link...http://www.denverpost.com/2017/07/16/photobucket-fee-hike/
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Re: PHLIPPING PHOTOBUCKET THE MIDDLE PHINGER

Postby pennausamike » Mon Aug 14, 2017 4:51 am

I knew Photobucket was losing money and I understand that no business can stay in business without profit.
The part that baffles me is a leap in price that is so massive.
I mean, zero to four hundred bucks? Really?
If Photobucket had sent an email saying that 3rd party hosting is a big drain with no revenue stream,
and that they were going to charge a buck-a-week, I would have just sort of figured,
"Well that sucks, but I get it, and that seems reasonable."
And if only half of their 100,000,000 users had chosen to pay, that would still be
520,000,000 per year in revenue.
Think about that for a second. That is a half a billion dollars for a company that employs 20 people.

My opinion is that the guy running the company did the math and in essence figured,
if only one/ fifth of the current users decided to upgrade he could still make
over three quarters of a billion dollars($800,000,000) for a lower hosting cost.
He is gambling that the lower needed customer base will out-weight the consumer backlash.
My hope is that enough people will refuse to pay the higher amount to force Photobucket to
offer a consumer-level package of $52-per-week or less, rather than what I see as a business-use amount.

The humorous part of all this for me is that even tho' I got the warning,
Photobucket has not stopped hosting my pictures on other sites, including this one.
Of course, I'm afraid to log on or upload any more pictures for fear of attracting their attention.

Time will tell....
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