Does anyone else think Magnifik has a horrible business model?
Even if you pay $124.99 (!) per month for Magnifik extra, you only get acces to low resolution photos from the magazine and low resolution videos.
If you want to purchase high resolution photos, the prices are ridiculously high ($50 for 1 hi-res picture and $149 for a set of 10 hi-res pictures).
I'm pretty sure that Magnifik sells very little hi-res pictures and sets, and almost all the money they earn comes from the subscriptions for the low resolution stuff. The high resolution photos are simply too expensive. I'm pretty sure many photosets haven't been bought by anyone.
Many people who like David Bellemere's work don't bother buying the subscription because of the low resolution, and as a result don't buy anything because the high resolution photos are way too expensive. Who wants to pay for low resolution photos these days, when everyone is used to UHD, 4K etc? Although the photos are definitely not comparable, Hegre for example offers all their photos in 14000px, included in their membership. Treats!, Playboy plus etc also offer all their photos in hi-res, included in the standard membership.
I'm pretty sure Magnifik would get a lot more subscribers if they would give each issue in high resolution to their subscribers. They would also make more money because they don't sell that much high resolution photos anyway.
What do you guys think about this?
This is an horrible business model for multiple reasons.
You could justify the prices if the model :
1. had never done nude / full frontal before - you'd pay for the exclusivity.
2. were high fashion professional models and not some instagram models from ukraine.
Some of his models like Lola are pro fashion moels who had never done full nude before... shs is not yet a "famous" model but in the latest issues, he started to pick some instagram models who would shoot with anyone for like $200 on modelmayhem...
The business model is also extremly bad because the pictures are downloadable... If someone one is willing to spend $125 / months, with let's say 5 series/sets per months that's like $25 / set / month. All you have to do is find 3 people to buy the individual sets for $10 / months and you're making a profit.
To keep his prices so high, he needs to fight against leaks very quickly which requiers time/money... No leak = people are forced to buy. BUT that also means that it gives lots of room to leakers to sell the sets for a cheaper price because the demand is high due to the lack of leak.
My point is that if girls like Belle Delphine are capable to rack $ 1 million / month depite the leaks, there is probably a way for him to get $ 100,000 / months by having a beter price structure...
His distribution also sucks... He drops all the sets in one batch. If he dropped one set / week, people who keep interest in a subscription model.
Bellemere is a big name in the modeling industry and could have access to high caliber models and this would be his competitive advantage compared to other online magazines... If the models become the same type as in other magazines like treats! or whatever but his prices stay high then it doesn't make sense...