Monday, August 18, 2008

Update to Cutcaster Algorithm

Just wanted to let you guys know that we updated a bunch of the variables to the Cutcaster Algorithm and tweaked it a bit on what we have learned and seen over the last 6 months. The biggest change you will see is the start price that we will determine if you do not select the starting default price for the algorithm. The new prices will start between 8 and 15 dollars, which is based on a number of variables and will take into account how well your files are keyworded, described and titled as well.

You are still able to set the start default price for using the algorithm. The startng price will move up or down from the number that you choose. So if you wanted to choose $40, the algorithm will start to go to work for you from there. If you let us choose it for you, we will look at a number of different variables to determine the starting price and set it for you. You will start to notice the difference today going forward.

In addition, you can still set your own price and it will stay put.

Let us know if you have any questions.

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