Dollars or Pounds?

Discussion in 'General Marketing' started by tyzer, Sep 29, 2006.

?

What should the default currency be on adquick.co.uk?

  1. UK Pounds £

    6 vote(s)
    37.5%
  2. US Dollars $

    10 vote(s)
    62.5%
  1. #1
    Hi,

    i'm after some advice on my website which is due to launch soon.

    My site, AdQuick is a text ad marketplace where potential advertisers can browse our site and choose exactly what websites they want to advertise on.

    AdQuick is a UK company, but our website can be used by people from all over the world. Currently our plan is to have all prices on our site in UK pounds (
     
    tyzer, Sep 29, 2006 IP
  2. AnaB

    AnaB Peon

    Messages:
    1,336
    Likes Received:
    36
    Best Answers:
    0
    Trophy Points:
    0
    #2
    Use USD for international sites.
     
    AnaB, Sep 29, 2006 IP
  3. superpump

    superpump Peon

    Messages:
    1,419
    Likes Received:
    35
    Best Answers:
    0
    Trophy Points:
    0
    #3
    yep im in agreeance with USD also.
     
    superpump, Sep 29, 2006 IP
  4. Ohene

    Ohene Guest

    Messages:
    474
    Likes Received:
    25
    Best Answers:
    0
    Trophy Points:
    0
    #4
    USD, since we pretty much rule the net :D
     
    Ohene, Sep 29, 2006 IP
  5. Josh-H

    Josh-H Active Member

    Messages:
    406
    Likes Received:
    2
    Best Answers:
    0
    Trophy Points:
    55
    #5
    I am Uk but all my prices on here are USD because its more widely used/
     
    Josh-H, Sep 29, 2006 IP
  6. Jasonb

    Jasonb Well-Known Member

    Messages:
    4,486
    Likes Received:
    151
    Best Answers:
    0
    Trophy Points:
    195
    #6
    well its a .co.uk site isnt it :). I use $$ in paypal but im from the UK
     
    Jasonb, Sep 29, 2006 IP
  7. spark911

    spark911 Peon

    Messages:
    115
    Likes Received:
    4
    Best Answers:
    0
    Trophy Points:
    0
    #7
    Can you not check some how? If they signup and put UK as location then GBP, otherwise default to USD
     
    spark911, Sep 29, 2006 IP
  8. euromickey

    euromickey Peon

    Messages:
    26
    Likes Received:
    1
    Best Answers:
    0
    Trophy Points:
    0
    #8
    I use USD and I feel I loose some UK customers towards my UK based competitors because of that. It's about the psychlogy of trust rather than any inconvenience of currency conversion. Best bet is having 2 domains - 1 TLD for the US and 1 co.uk for the UK market. Both sites should differ in content in order to avoid any dup content filter.
     
    euromickey, Sep 29, 2006 IP
  9. Hannah

    Hannah Guest

    Messages:
    371
    Likes Received:
    16
    Best Answers:
    0
    Trophy Points:
    0
    #9
    Exactly, I would definitely go with this idea. It can't be too hard to implement.

    If you really have no other option, as it is a .co.uk site, I would go with GBP as the default currency, however I would also make sure that visitors can EASILY change the currency to USD.
     
    Hannah, Sep 29, 2006 IP
  10. tyzer

    tyzer Well-Known Member

    Messages:
    574
    Likes Received:
    13
    Best Answers:
    0
    Trophy Points:
    105
    Digital Goods:
    2
    #10
    thanks for all the comments so far its much appreciated.
     
    tyzer, Sep 30, 2006 IP
  11. DarrenC

    DarrenC Peon

    Messages:
    3,386
    Likes Received:
    154
    Best Answers:
    0
    Trophy Points:
    0
    #11
    I wouldn't stick to just one currency, but bear it mind that rates can increase depending on the currency when dealing with merchant bank accounts.

    I would quote prices in US$, £ and €
     
    DarrenC, Sep 30, 2006 IP
  12. renteror

    renteror Peon

    Messages:
    336
    Likes Received:
    7
    Best Answers:
    0
    Trophy Points:
    0
    #12
    I would quote prices in both and do euros too, but the default should be pounds because thats what people expect when going to a .co.uk
     
    renteror, Sep 30, 2006 IP
  13. silverblade

    silverblade Peon

    Messages:
    153
    Likes Received:
    6
    Best Answers:
    0
    Trophy Points:
    0
    #13
    I say USD, but it's the best to have other currencies as well.
     
    silverblade, Sep 30, 2006 IP
  14. SEO Tutor©

    SEO Tutor© Peon

    Messages:
    370
    Likes Received:
    23
    Best Answers:
    0
    Trophy Points:
    0
    #14
    Why couldn't you just use a shopping cart that supports multiple currencies?

    The card processor we use allows vendors to set the initial currency exchange seen by their customers for their own country, with a drop down for 12 more choices. http://www.seotutor.net/purchase.html
     
    SEO Tutor©, Sep 30, 2006 IP
  15. tyzer

    tyzer Well-Known Member

    Messages:
    574
    Likes Received:
    13
    Best Answers:
    0
    Trophy Points:
    105
    Digital Goods:
    2
    #15
    The card processor we use has the ability to allow users to choose what currency to pay in anyway, so when they are on their secure server they can choose £, $ or
     
    tyzer, Sep 30, 2006 IP