but if more are "sold" as a result of the SECs then that makes them profitablet. Of course if the average cost of winning a card is greater than that for buying one the effect of SECs will be even higher.
I think we agree
I look at very simply. It's not about the price of the card sold or the number of cards sold; it is about the revenue a card generates and the time it generates revenue. In other words you can sell 10x of a card for $1,000 and have $10,000 in revenue or sell 100,000 of a card at $1 each and generate $100,000 in revenue. Totem has to figure their way on the curve selling the max number of cards at the max price. I'm not sure what my max price would be but it is well below $1,000 and even if the cards were $0.01 (1 US cent) I wouldn't buy the all because I don't want all of them. That's just me, quite obvious everyone will have their own limits.
And really it has nothing to do with the shows themselves but the credits required to buy them. It's not complicated if they are adding buyers and current members are still buying then revenue is increasing organically and if not then revenue is declining or stagnant and possibly not keeping pace with increased expenses .
I don't care about the price increase; in fact if it made the exclusives go away I would welcome it. As it is for me now, it simply means I'll skip a show or two I might have bought or spend a small precent more to get all the shows I want. The exclusive cards do annoy me so I'm not buying anything right now.
Getting back to the topic, why would Totem keep doing exclusive content if it's not generating enough revenue to avoid having to raise the price which if obviously is offending more than a few members. They are taking many of the best cards out of the catalog so those of us ***** to participate in the 'games' (for lack of a better or nicer word) can't buy them at all and shrinking the catalog. Loosing members and limiting the catalog probably isn't good for revenues so one has to hope the exclusives can compensate,
I have no insight to the balance sheet so maybe loosing a few members or some members buying less but getting more per card will work out. What is offensive is the possibility they need more revenue to pay for its latest 'game'.