My site, APOAds.com is a local business locator/classified ads merged into one - in Japan, for the U.S. Department of Defense (DoD) members while they're living here (long, run on sentence, sorry).
The DoD members use the site for free - to find local businesses off-base, and to buy/sell their goods.
The local Japanese businesses pay a monthly subscription to enter their businesses into APO Ads. APO Ads uses Google maps to draw directions to their business, and gives them space to upload photos, enter details about their services, a text link ad that gets promoted throughout the site - and if they use the classified ad system, their ads appear under their business page (sort of like a mini e-commerce site). There are more features, but you can see it in action on www.apoads.com/en/Yokota/Biz/Show/Ruby%20International.
I'm looking to charge ¥9,950/mo which is around $100/mo. I based that off what it takes to take out a single square ad in a local newspaper (¥10,000 for for a two week run).
My gut feeling is many businesses will have no problem with that, they are used to paying more for advertising. But there have been a couple of American owned businesses that complained about the price immediately (they wanted to pay more like ¥1,970/mo - about $20/mo).
All that story to lead up to: How do you know if you're charging too much?
And then, how do YOU handle the ones that complain about the price? I could offer them the discount, at least I'd capture some income from them (otherwise they'd probably not join at all).
Thanks in advance, and sorry about the length.
