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Found 8 results

  1. I am currently running an experiment that I might decide in future to develop into a full scale system that other content creators in SL can benefit from. About half a year ago I started selling my virtual products on credit. At 1st I was setting credits manually in database for each customer upon their initial pre-payment of 30% and it was lots of unneccesary work. But recently I programmed what I call a credit vendor and now when customers pay 30% of full price of the product the remaining 70% is set as debt automatically. These remaining 70% then they pay off with 50% of their earnings from all of my systems when they withdraw them. From the 1st look it might seem that this is a bad idea and that it doesn't make sense and that as a content creator I am loosing money. But it is really not a bad idea and I ❤ the concept. And here is why: Drop rate of new signups in Second Life or Residents who stay in SL for only a month or few months is very high (like for any other free social platform - people try it out some stay lots drop out). If as a content creator I can sell my products for at least 10 - 30% of full price through credit vendor (as in case of many SL drop outs who will never pay off their debt because they stop using SL) I am still getting sales that otherwise would not happen. *The virtual goods I sell are no transfer so they can not transfer to another avatar and abandon their obligation to pay. Unlike with RL physical goods there is no material production cost and with virtual goods we can sell unlimited copies of it. Because above reasons to me selling virtual goods on credit makes a perfect sense. Another amazing reason worth pointing out is that i n this way I can get my product and brands in the hands of many more people and that makes for great marketing effect. If your product is not worn or used by anyone and for others to see it and talk about it then that is almost the same as if it doesn't even exist. (There is a scifi book author Cory Doctorow who issues his books with public copyright permissions, so books can be copied basically for free and his argument is that this way more people find out for his work and he also gets more sales). I learned great deal from reading about his rationale from a preface of one of his book. Selling something on credit is known concept already from ancient times. While for the selling of virtual goods on credit I kind of hope I am the 1st one or one of the 1st ones doing it in history. \O.. O/ Now 1 main disadvantage or risk is that a customer doesn't fulfill their obligation to pay off their debt (but at least they paid pre-payment). So if I ever build full scale credit system for other content creators to use the customers will have a credit rating / credit score that will be based on their past repayment of debts. Customers with bad or low credit rating won't be able to make any aditional credit purchases and content creators using credit vendors will be able to set minimum credit rating needed to buy on credit. I have been very happy with my credit sales little experiment. Since I've started offering my products on credit there is now a total for about 15 000 usd of customer/players debt on my books (database) for which its questionable of what % of it will be ever repaid but what is not repaid will be mainly because the SL users are no longer in SL. It has not hurt my product sales purchased paying full price. I think its actually boosting it. I've established trust with hundreds of customers. By giving them my trust first that they will respect their obligation. My goal is for the debt to grow to 21 000 000 L$ by the end of 2021 for a better proof on concept and if its recepted well by content creators community I might expand the credit system for others to be able to sell on credit through it too. We'll see \O.. O/ Some general advantages and disadvantages of selling on credit from the web: Advantages: An increase in sales may happen when you start selling on credit. Your customers are likely to buy from you as their cash flow is not disrupted and it is not necessary to pay upfront to competitors. Better customer loyalty. Offering credit to customers demonstrates trust. Disadvantages: It can lead to bad debts.There is no guarantee that the customers will pay back. Loss of income/capital. Bad debt is a loss of income as well as loss of capital you have invested in buying the goods. (Does not apply for virtual / digital goods of which there can be unlimited copies and copying has 0 cost). Strained relationship.
  2. 𝑾𝒂𝒏𝒏𝒂 𝒘𝒐𝒓𝒌 𝒇𝒐𝒓 𝑭𝒐𝒙 𝑯𝒐𝒍𝒍𝒐𝒘? Great news! We are hiring! Fox Hollow is a modern roleplay community formed over 10 regions. We are constantly expanding and looking for new qualified applicants to join our team! 𝐖𝐡𝐚𝐭 𝐚𝐫𝐞 𝐰𝐞 𝐡𝐢𝐫𝐢𝐧𝐠 𝐫𝐢𝐠𝐡𝐭 𝐧𝐨𝐰? • 4 Event Moderators • 1 Marketing Moderator • 1 Social Media Moderaror • 1 Rental Moderator • 1 Public Safety Moderator If this seems like a fitting job for you, there is a link below to apply! Serious applications only. No background experience necessary. We train all new staff! Come join our family. APPLICATION LINK: https://form.jotform.com/92572914019157
  3. Hello, is there any template that can be used for self-made creations? Where I can get a copy from? Second Life has its own policy which is probably protecting to some extent each creation, but I want to make it as safe and clear as possible to everyone who want to buy my creations. As a use case example can be seen in the sale of jewelry. Regards
  4. "One of your items has been redelivered to a customer who had previously purchased the item." Hi! I have a store and I received such a message. I didn’t press anything and didn’t do redelivery. What does it mean? Is it time to change the password? Thank's!
  5. Hello to all. **Natasha's**, a new brand with a new inworld store, is looking for help. We need someone who can help with promotion/advertising, ppossibly knowing the most important fashion groups of the grid. If you are interested, please drop a notecard Inworld to Natasha Bracula saying that you read this post. Thank you very much.
  6. Hello everyone, from time to time I come across an injustice towards the sellers. Many buyers are convinced that they are right. I consider this unfair. Do you agree with the fact that we all need customer evaluation? 5 stars and the possibility of recall. If the buyer will leave a review, others will be able to find out and evaluate the buyer. And wherever this buyer went, we can always read all the reviews about him. Something like a "Not careful customer. He doesn't read the description." or "This buyer doesn't cares about content and ignore "For classic avatars only"". Or... "Rude customer." Some buyers try to blackmail sellers. I have often encountered people who threatened me that they would take away the audience of buyers from me.
  7. `·.,¸¸,.·´¯ Welcome to Weddings by Leona ¯`·.,¸¸,.·´ Weddings by Leona specialise in providing that perfect special day without emptying your wallet! With an amazing creator, designer and owner, this business is continuing to grow from strength to strength and we are now looking for successful like-minded individuals to grow along with us. While we are currently recruiting mostly for customer sales reps and photographers, we do invite applications for people who think they can add value to our venue. Successful applicants will be: -Self motivated and goal driven superstars who are open to new experiences and training -Honest and dependable - you will get to choose shifts that work around your schedule not just ours -Wanting to advance, learn new skills and gain experience in the wedding industry in various different roles - we have the opportunities for the right people -Accepting and open to people from all colors, orientations and cultures -Fun, quality people who like a laugh and to have fun while working Payment for customer sales representatives will be 50L an hour with commission opportunities available. Photographers will be paid per wedding done. Apply today and you could be starting tomorrow - I mean what do you have to lose?? Hit the link to send in your application now: https://docs.google.com/forms/d/1kdlbiWvGLWE-XYWMijF2zUhGxm35IIhAOlYJ9SHTScg/edit
  8. BEE REAL ESTATE SINCE 2007 AVAILABLE PARCELS FOR RENT 1024m - 351 prims - L$299/w Golden Sands at Baltazar 1024m - 351 prims - L$299/w Grass Valley at Clay 2048m - 703 prims - L$599/w - Waterfront & Roadside at Murinata 4096m - 1406 prims - L$1,199/w Grass Valley at Tuatara 4096m - 1406 prims - L$1,199/w Roadside at Highcastle 40x40 Terraform -->> 4912m - 1686 prims - L$1,499/w ANCIENT at Varney *** ALL PARCELS ARE FULL PERM - NO RULES - YOU RULE ! Read more Feel free to call beethros Karas anytime
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