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Q3 closed on a high note with an unusually strong September. Talk 11/12 w/Zee Linden |
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Josef Balbozar
Registered User
Join date: 1 Nov 2007
Posts: 3
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11-13-2008 06:04
In real currency? That's the way to make money!
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Mephistopheles McMinnar
Be, or not to be...
![]() Join date: 14 Sep 2008
Posts: 70
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11-13-2008 07:11
And your point is? Btw, the word you were looking for is "than". Thanks for the lession, I'm always willing to learn - english isn't my native language ![]() But the point is, that the most bots aren't used in a good way. I know some users who runs 10-12 camping bots over the night to earn money. Some of them are too stingy to buy lindens, but that isn't the point. This makes the user-to-user transactions senseless. Also the time users spends in-world is senseless with 20% bots. On the other hand for marketing 70.000 online users looks nice and it's a good marketing argument. But this is a illusion only and i can't believe that Linden Lab want this. I think Linden Lab has more then one option to eliminate the bots from traffic and online counting, maybe it's a good start to do so. This won't affect bots with good functions. _____________________
http://djmm.bbping.eu
The spirit I, which evermore denies! And justly; for whate'er to light is brought deserves again to be reduced to naught; Then better 'twere that naught should be. Thus all the elements which ye destruction, Sin, or briefly, Evil, name, As my peculiar element I claim. (Mephistopheles from "Faust" J.W.v. Goethe) |
Renee Faulds
Rises Out Of The Ashes
![]() Join date: 16 May 2007
Posts: 87
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Reconfigure - Forced 66% Increase
11-13-2008 07:13
October results indicate that we should expect land growth to slow in Q4 as Residents reconfigure their land holdings to accommodate the change in pricing and addition of the “Homestead” island type. Actually I will not be "reconfiguring" in Q4 here. I already reconfigured that with the purchase of 5 regions in OpenLife grid. The only reconfigure I can offer Linden Lab is freeing up some server space as I give them 2 regions back and say bye bye. I would also expect to see Q1 & 2 , 2009 display dismal results because of your increase tier policy, non response to what your customers asked of you and your basic greed. I'm sure Q3 did close higher after all the sales of Open Space regions that you just robbed the owners of countless dreams. To be blatantly posting this to your blog is a slap in the face to all of the people who put food on your table and you just hit over the head with a hammer. Q3 & Q4 close on a "low" note for the people you robbed of their dreams and money. |
HoneyBear Lilliehook
Owner, The Mall at Cherry
Join date: 18 Jun 2007
Posts: 4,500
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11-13-2008 07:20
Ciaran - thanks for your message. We did change the pricing structure from Jack's original post in a post that Mark made. We are not planning to make further changes to the pricing in the post that Mark made, so for now, those are final. Well, thank you, Zee for at least acknowledging this. I will move forward with my plans to sell at a loss or abandon my OS sim, and exploring the viability of other virtual worlds, since LL can no longer be trusted. _____________________
Virtual Freebies now has its own domain!
URL=http://virtualfreebiesblog.com The Mall at Cherry Park - new vendors, new look! |
Siren Fall
Registered User
Join date: 26 Oct 2007
Posts: 2
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Adding my vote for these added benefits for Premium Users
11-13-2008 07:29
Have been wanting these for nearly as long as I've been in Second Life ... Does it help that I've been a premium member since I signed up over a year ago? Don't own mainland, so I'm not including those.
*I also like the idea of allowing premium members to join more groups. Once you start participating in SL for any extended period, those group slots fill up FAST. I find myself dumping really great groups because I'm maxed out. It's how we stay up-to-date about artist performances, new content releases, business-related support, and on and on. I've actually heard many people tell me they create Alts simply to juggle additional groups. *Offer more profile options: allow more locations in the Picks tab, allow custom-created tabs, allow more pictures, allow more text, allow the option of making most material in one's profile private. The Picks tab is how people are able to direct other residents to worthwhile areas; the possibility allows for more traffic, more transactions. It's also how a lot of residents highlight friends, more info about themselves as content creators, performers and as a person. *Allow an easier and more thorough "masking" of online status (a checkbox on the login window specifying "log in as invisible" would be great). Never understood why this wasn't a real option from the beginning ... All other chat interfaces allow for it, and I think it would allow the opportunity to create content, work on customer service and more simply, roam around SL unimpeded by a flurry of IM's. It's a pain in the, well, you know, to click "Hide Status" for everyone in a Friend's list ... it also doesn't protect your status from any object that can call up your user key. ------- For me personally, I would even go as far as to argue that the stipend could be eliminated, but I'm sure that would be one step too far for most. Make the user experience better, more efficient. That's worth the quarterly $22.50 I shell out. |
Renee Faulds
Rises Out Of The Ashes
![]() Join date: 16 May 2007
Posts: 87
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11-13-2008 07:31
Ciaran - thanks for your message. We did change the pricing structure from Jack's original post in a post that Mark made. We are not planning to make further changes to the pricing in the post that Mark made, so for now, those are final. and you added more to it by limiting avi's, lowering prim counts and script caps. So the only changes to the original announcement were ripping off your customer base more. Sad sad sad sad. |
Qie Niangao
Coin-operated
![]() Join date: 24 May 2006
Posts: 7,138
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11-13-2008 07:43
What's the point in that? Why not abandon LSL to decay and focus more on making bots more efficient? openmv is already a million times better than using lsl, why waste time trying to get lsl to catch up with it? |
Dekka Raymaker
thinking very hard
![]() Join date: 4 Feb 2007
Posts: 3,898
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11-13-2008 07:45
Just a short note about Linden Land for newcomers to the game, the introductory L$1 per meter land. I started in February 2007 and spent a bit of time exploring and getting to know the ins and outs of SL, I then started to look around for the Linden Land to buy a 512m plot for the L$512, it was impossible to find and after a month it became evident why, because the program was stopped and I understand completely why. But again that was mainly a product that suffered mismanaged control on your part.
My point, if I had bought Linden Land at this time, I would probably be a premium payer and have a much larger chunk of land now, actually I would probably have a openspace sim and feeling a bit distressed about it, so thanks for saving me from that, but as it is, I am still after nearly 2 years, not a premium member and I don't own land at all. As time as passed I have learnt to live in SL without owning or even renting land, due to many other generous residents. Will I buy land? well yes probably one day, but that's still nearly two years and counting that you've not made much money from me at all, probably 10 to 20 US$ in the exchange rate charge. A new type of product allowing new residents to purchase cheap Linden Land is a great way to increase your retention rate and way to increase the small change from premium membership and a good way forward to increase revenue from those residents that WILL eventually expand their land holdings. You can pass that on to Jack too. |
Elanthius Flagstaff
Registered User
Join date: 30 Apr 2006
Posts: 1,534
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11-13-2008 07:50
Bots are fun and all, but a bot doesn't even know it should add somebody to a group unless some script tells it to. Sure, we can keep adding more moving parts for every simple thing we want to do, further complicating chimeric contraptions that would make Rube Goldberg jealous, but ultimately why should I want to even minimally belabor the login and presence services with a bot, when the script--which has to exist anyway--could perform the same function with a single call? And that's not to mention all the other vital things that scripts *need* to do with Group information, if only Group were a first-class object in LSL. OK agreed. Of course it's silly to try to do everything a script can do using a bot but I hope we can both agree that some tasks will be near to impossible to do with scripts and must be left to bots and plenty of tasks are simply more efficient with bots. _____________________
Visit http://ninjaland.net for mainland and covenant rentals or visit our amazing land store at Steamboat (199, 56).
Also, we pay L$0.15/sqm/week for tier donated to our group and we rent pure tier to your group for L$0.25/sqm/week. Free L$ for Everyone - http://ninjaland.net/tools/search-scumming/ |
Elanthius Flagstaff
Registered User
Join date: 30 Apr 2006
Posts: 1,534
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11-13-2008 07:57
Just a short note about Linden Land for newcomers to the game, the introductory L$1 per meter land. The whole first land thing was only gamed because land prices were so high it made it financially viable to pay the $9.99 for a premium alt, get the cheap land and then resell it. With prices down where they are now there would be no gaming at all, apart from perhaps people running around trying to convince newbies to sell their first land for L$2/sqm instead of decent market rates. If LL had just pumped more land into the market at the time and kept prices down they could have continued the first land offer quite easily. I suppose it had other downsides from their perspective, maybe it cost more to administer than it was worth but assuming that is not the case then they should look into starting it back up again because we need prices around 12/sqm or higher (if I remember correctly) before there's any way to game the offer. It really was a great way to spread goodwill and just about everyone who owns 512sqm eventually upgrades to something bigger. Plus it would really drive more people into mainland instead of wandering homelessness and improve retention in my opinion. _____________________
Visit http://ninjaland.net for mainland and covenant rentals or visit our amazing land store at Steamboat (199, 56).
Also, we pay L$0.15/sqm/week for tier donated to our group and we rent pure tier to your group for L$0.25/sqm/week. Free L$ for Everyone - http://ninjaland.net/tools/search-scumming/ |
Phil Deakins
Prim Savers = low prims
Join date: 17 Jan 2007
Posts: 9,537
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11-13-2008 08:07
Thanks for the lession, I'm always willing to learn - english isn't my native language ![]() But the point is, that the most bots aren't used in a good way. I know some users who runs 10-12 camping bots over the night to earn money. Some of them are too stingy to buy lindens, but that isn't the point. This makes the user-to-user transactions senseless. Also the time users spends in-world is senseless with 20% bots. On the other hand for marketing 70.000 online users looks nice and it's a good marketing argument. But this is a illusion only and i can't believe that Linden Lab want this. I think Linden Lab has more then one option to eliminate the bots from traffic and online counting, maybe it's a good start to do so. This won't affect bots with good functions. _____________________
Prim Savers - almost 1000 items of superbly crafted, top quality, very low prim furniture, and all at amazingly low prices.
http://slurl.com/secondlife/Seymour/213/120/251/ |
Michelle Thurston
Registered User
Join date: 14 Jul 2006
Posts: 208
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11-13-2008 08:08
A. Hire a resident, who will then buy things, which is good for the SL economy. A bot contributes nothing. B. What could be more higher end than a real resident? Yes when you hire "people" you have to pay them AND develop the skills to manage employees. That's part of business. C. Many other creative things ... i.e. faking traffic when the sim is in fact boring. yea good argument, NOT. 4. Normal accounts are by definition NOT bots. Bots need to be done away with just like the voting terminals were. |
Zee Linden
Senior Member
Join date: 17 Sep 2006
Posts: 153
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11-13-2008 08:10
Will Linden be so enthuised to publish there figures for Oct/Nov? I imagine there is a huge drop in revenue that will be extremely embarrassing to them? I am pleased to say I am one of the protestors removing themselves and their work from this very unpleasant corporation. I am not alone! Good or bad, we've been posting them every month since I got here. This year I've been commenting on the quarterly. |
Zee Linden
Senior Member
Join date: 17 Sep 2006
Posts: 153
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11-13-2008 08:12
Thanks for the economy update. That's always interesting reading. I know from the economy webpage that it is possible to roll up numbers among avatar "alts" to the Unique Customer Level. You are doing that for PMLF. Hence it should be possible to adjust U2U transaction values to Unique Customer level, too. Would you be able to share any insight into unique user 2 user transactions over time? I think the best way to do that with the data we already have would be to look at LindeX Volume. We've tried what you suggested a number of ways and its never something that is concrete enough to rely on. |
Zee Linden
Senior Member
Join date: 17 Sep 2006
Posts: 153
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11-13-2008 08:23
Hello Zee Linden It is possible to know, how many SIM open space, has been sold (full transfer), per residents before the Monday, October 27th, 2008. Day per day ? Thanks I'm not sure if I completely understand your question - but we were selling about 20 to 30 open spaces per day before that time. Is that your question? |
Qie Niangao
Coin-operated
![]() Join date: 24 May 2006
Posts: 7,138
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11-13-2008 08:24
OK agreed. Of course it's silly to try to do everything a script can do using a bot but I hope we can both agree that some tasks will be near to impossible to do with scripts and must be left to bots and plenty of tasks are simply more efficient with bots. ![]() |
Zee Linden
Senior Member
Join date: 17 Sep 2006
Posts: 153
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11-13-2008 08:29
I have a question, i believe Zee or whoever has the authority to answer... L$ exchange and money supply; You recently changed the Lindex trading range, why ? Where will the L$ be trading in the next few quarters ? I don't mind changes, but i like to know where we're heading, so i don't do something wich may be "unintended" ![]() Given the USD recently made many smaller currencies worthless i find this move quiet strange if you want to attract foreign investment. We did let the L$ appreciate against the USD by one Linden dollar. In general we will seed to let the L$ appreciate a little bit against the USD. We did it at this time to "tighten up" the supply. We recognize the pricing changes are a bit of a shock to the system as is the real world economy. So we're basically giving people a small incentive to hold L$ by letting it appreciate a little. |
Zee Linden
Senior Member
Join date: 17 Sep 2006
Posts: 153
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11-13-2008 08:33
Zee, this question is deeper than it may appear, for at least a couple of reasons. First, it would be helpful to LL management to have very fine-grained information about the detailed financial performance (cost and revenue) of different membership plans and payment categories, different products (Estate/Openspace/Mainland/Zoned Mainland, group or individually owned or rented), etc., to make better pricing and marketing decisions. That information is too vast for *reporting* but very much subject to automated analysis for trends and relationships hidden in the larger-grained numbers. If this isn't being done, you might want to lobby M for some tools to do it. Second, note that Ann is asking specifically about sinks. Although some posts seem to dismiss L$ sources and sinks as real financial metrics, I think that's just mistaken. But if sources and sinks have real impact to LL's bottom line, analyzing what promotes and deters relevant resident behavior is of equal importance. Sinks and sources are the levers that we have to stabilize the exchange rate. Currently all of the sources are just a bit smaller than all of the sinks. That causes the supply of L$ to contract if we did not sell L$ openly on the exchange. So while sinks do not have a direct financial impact on us, they do help us manage the exchange rate & if the demand for L$ is stronger than the supply (on the LindeX) then we can sell L$ and that does have a financial impact. Its a bit complicated so I hope my explanation is clear. |
Zee Linden
Senior Member
Join date: 17 Sep 2006
Posts: 153
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11-13-2008 08:37
The press release was once again a misleading statement from LindenLab: The charts and details below indicate that Q3 was a very strong quarter in Second Life with significant growth in land AS WE TRICKED RESIDENTS WITH A CHEAP OS PRODUCT THEY FALL FOR. We expect it will have no impact on our Q1 09 results, as we will cover the returning OS from people who cannot afford them with the bold price increase we made on OS. Should we not be able to cover that loss, we will increase the tier on private islands in Q2 09, which might have an impact in Q3 09, if residents protest again and we have to calm them down with postponing the increase to Q3 09. I'm sorry. You're right. It does appear that way. We certainly didn't do this on purpose. We should not have re-launched open spaces with the full prim count and without any restrictions. It created a situation - if we didn't change it - where we would not have been able to continue to invest aggressively in improving Second Life. So we had to make the change. And you can imagine this was not easy for us to do. Then when we made the change, we listened to the feedback and changed it again trying to address the various types of residents who were affected. We hope that we have found a way to address the issues of most people with the final changes that M announced. |
Zee Linden
Senior Member
Join date: 17 Sep 2006
Posts: 153
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11-13-2008 08:41
QFT "we generate from premium subscriptions is largely offset by the stipends we pay out " I would like an answer to this as well as it seems LL is putting spin on it prior to getting rid of stipends and based on recent track record make the premium accounts actually worth less than they are now. A few forum posts back from this one, I explained how we use sinks and sources to manage the supply of Linden dollars and hence the exchange rate. If our sinks were larger and our sources were smaller (read stipends) then we would have to sell more L$ on the exchange to keep the exchange rate stable. In that way, if there were no stipends, and the demand for L$ remained unchanged, then we would have to sell all the L$ that we didn't stipend. In that way, we tend to think of the stipends as a real cost. Of course, I'm *not* saying that we would take away stipends and leave premiums the way they are without stipends. We need to improve the premium subscription & make them less dependent on the value that the stipends provide to residents. I hope that makes sense. I'm trying to answer the question as directly and as honestly as I can. Feel free to ask a clarifying question if you need to! Thanks! |
River Ely
Fabulist and working hard
![]() Join date: 12 Sep 2006
Posts: 32
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Alarm bells
11-13-2008 08:42
I am for some reason alarmed by the latest entry here, in particular one element that alarms me is the following excerpt.
Linden Lab is pleased to announce results for the 3rd quarter of 2008. Over 357 auctions have closed in the new Nautilus region where property is selling at L$60 per meter or 12x the average cost of mainland property, indicating that some users have a high demand for a more structured experience. -- Zee Linden The reason I am alarmed is that it tells me that whom ever produced this report is not in touch with the reality of the way Second Life is running. I get the feeling it has been written by some one who has no active working interest in Second Life and from some one who rarely gets to interact with real people on the grid. Zee may have posted the report and I know that Zee has a reasonable working knowledge of second life. The sales above, we are told is where land in Nautilus Region is changing hands at a whopping 60L$ per square meter, and the inference is that tenants really want to live there so they are snapping the land up at really high prices. That from what I have seen is wrong. I have seen land barons buying the land at auction and then selling the plots with crazy prices of upto120,000 L$ per plot. These are not residents moving in, but players trying to sell land at grossly inflated prices. (I am not calling them realtors as realtors that I have met are not as misguided). These figures we are led to beleive are from a quarter when the Lindens announced a hold on new sims as there was a decrease in the demand for sims. So what is happening? I do not want to write something negative here as I know posts get pulled pretty quick these days if the Lindens disagree with the content. (Thus skewing opinion and creating an untrue bias in perception) My questions are: 1) What percentage of land sold on Nautilus, has been resold or is up for sale? If residents were buying it to move in and stay, I would expect a low figure. If it being bought and sold, churned, I would expect a high figure. 2) What percentage of land has been reclaimed by Gov Linden in the same 1/4? How are land returns matching up to the new land being introduced, In other words, how much land made available is new, and how much has been owned before. 3) What are the current figures for:- a) Number of avatars per region as I regularly see clutches of sims with not more than one or two avatars on? b) Percentage of avatars who pay Tier to other players or Linden labs? c) Number of daily logins divided between Premium members ( able to hold land) and non premium members (capable of being a bot) The reason I ask these figures is that I get the distinct impression from your figures that the hundreds of bots we see are actually contributing to the land purchasing, user to user transactions and active daily registrations. Nothing could be further from the truth as at least one sim near my own has upwards of 40 users at a atime on it and they are all camping, many are still ruths. They are bots, not active players, and your figures dont seem to differentiate between them and regular users. That means your figures are being presented wrong, and that Zee, to be perfectly honest worried the heck out of me. If you are prepared as a Company to present figures that are not being shown correctly, what else is being hidden? warmest but worried regards: River Ely _____________________
=^.^=
*R.E* |
Zee Linden
Senior Member
Join date: 17 Sep 2006
Posts: 153
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11-13-2008 08:43
Originally Posted by eku Zhong you might start by getting M. Linden to apologise and restract his <Immaterial> statement. Don't hold your breath as we all know how much the management listen to us as customers. Thank god there are still Lindens in world that care about the job they do and are always ready to help as management don't give a rats arse about the customer base anymore imho and thats sad SL was a great place to be and fun. I know M is reading this entire forum. I'm not sure what you're asking him to apologize for. We do listen as best we can and, as you can see in this forum, I'm answering as much as I know. I expect to spend most of the day keeping up on this forum. I will be shutting this forum down at the end of the day today so I can return to my normally scheduled programming. ![]() |
Zee Linden
Senior Member
Join date: 17 Sep 2006
Posts: 153
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11-13-2008 08:49
I think the LindeX is pretty awesome too. When you let the exchange rate slip like this it causes a great deal of drama among the small number of people who pay attention to it. I wonder if it would be possible to make announcements ahead of time about what you plan to do a bit like the Fed does. If you hinted that you might be letting the exchange rate move then businesses could plan better. Or, alternatively, make an announcement right afterwards. If after the fact you announced that you had let it slip deliberately and planned to leave it that way then we could all get back in the market with more confidence knowing that some kind of crazy catastrophe wasn't underway. I've thought about that. Its a bit of a chicken and egg problem. When we want the demand and supply to rebalance at a new price - we could announce it...but I think that would perhaps be a bit artificial and I'm not sure if it would have the desired impact of actually soaking up any excess supply. Instead, announcing it might cause the sellers to wait thereby changing the price because supply is artificially reduced while the sellers wait for the better price. See what I mean? So for now, we'll try to keep it stable. You can get an indication of what's happening in the market on your own though - simply by looking at the sell depth and the buy depth. When you see the sell depth thinning at once price, you can see ahead of time that it might shift. |
Zee Linden
Senior Member
Join date: 17 Sep 2006
Posts: 153
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11-13-2008 08:54
I really appreciate that you took the time to actually engage in this discussion Zee, but these are difficult times for customers too and stiffing them with a planned 67% price increase at a time of uncertainity really is not appreciated. You guys knew how the product was being used and why it was selling so well. The rise covers your backs but does nothing for your customers. Thanks Ciaran. The forums end up much more productive when we're engaged. I'm glad I have the time to do it today. I think people who were renting parcels on open spaces are going to be hurt the most in the short term. Open spaces were not designed to be rented on. Too many renters could have a bad experience and that would harm their second life experience. So, folks who were using the open spaces as intended (as open spaces) can stay at the $75 price point & accept the increased restrictions that we're putting on them. For folks renting land on open spaces, they will have to raise their rental prices - but because there's no longer that cheapest option for buying land, I think all the landlords will have to raise their prices in unison. Its painful in the short term, but necessary for us to be able to invest all that we want to in Second Life to make it a great experience for all of our existing and future residents. I know that doesn't sound very personally helpful to you and your specific situation. But I hope you understand. Thanks for your question. |
Zee Linden
Senior Member
Join date: 17 Sep 2006
Posts: 153
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11-13-2008 08:56
It says: October results indicate that we should expect land growth to slow in Q4 as Residents reconfigure their land holdings to accommodate the change in pricing and addition of the “Homestead” island type. We expect to see some Residents consolidate their holdings to adjust to the new pricing and product types. I read: We're already beginning to see those poor residents who cannot afford our new 'shaft you' tier increases have to give up the sims they paid us good money for in the first place. Am I wrong? We're not seeing complete abandonment. If you have an open space region there are many folks who will buy it from you. They can consolidate 4 open space regions in to one full region without paying a fee - we're seeing that happen a lot. |