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PayPro Newsletter January Edition
January 28, 2011
Introduction from PayPro CEO

Matthew Silverman CEO
PayPro Europe
Dear Friends,

Welcome to PayPro's first 2011 newsletter!

The beginning of the year is traditionally calm for most people but not for us and our commitment to PayPro EasyCommerce improvements.

One of the major updates this month is the extended licensing options in the control panel. The idea to share license key lists between products came from one of our clients. This suggestion is much appreciated. Your input is the only way to ensure you get all the features you need for your business. Learn more about January's updates.

The good thing about the beginning of the year is that you can fully concentrate on your marketing strategy and thoroughly prepare your promotion campaigns for the next several months. We're sure the Tips&Tricks section will help you generate fresh ideas by introducing you to some marketing tools you may have seen in EasyCommerce but maybe never used. It's our way of helping you start the year with new ideas that can lead to dramatic improvements in your sales.

This newsletter is the starting point for a series of interviews with the people we work with and would like to let you know about. Ivan Permyakov, CEO of VMProtect Software, kindly agreed to take part in our first interview and share some advice on choosing a protection solution for your software product. Not so long ago we integrated PayPro EasyCommerce with the VMProtect solution. If you use VMProtect Ultimate, you can easily generate and deliver licenses to your customers with PayPro. If you are planning to use VMProtect Ultimate, PayPro clients can buy it with a 20% discount.

We hope you find this newsletter useful. Your feedback would be much appreciated. Please drop me an email with your thoughts and ideas.



Best regards,
Matthew Meir Silverman
PayPro EasyCommerce improvements
New licensing option

As a part of our commitment to quickly develop and implement features you may need for your business we have extended the licensing options available in the control panel with the "Existing license key list" option. "Existing license key list" is designed to let you share a license key list between several products, so you don't have to manage separate lists for each of your products in PayPro EasyCommerce. This new feature will help you save lots of time! Once the license key list is uploaded for one product, you can refer to this list when setting up licensing for another product.

And, as always, you're also welcome to use any of the other licensing options available in the control panel:
  • External license generator
  • Pre-loaded licenses
  • VMProtect Ultimate
  • PPG Passport
We hope that with the options we offer you may choose the best solution to match your existing infrastructure.

More delivery options

With the "Direct download URL" field within the Delivery tab you can easily specify the download link for your product. With this set there's no need to upload a product file to the control panel or update the product files after each version. The link will be sent to customers to give them instant access to the product after purchase.

IPN and email notification enhanced

To ensure you get all the purchase related information you might need, we have enhanced email notifications and instant payment notification (IPN) with:
  • Currency field (IPN and email notification)
  • Custom fields for recurring subscription payments (IPN)
In addition, the quantity of purchased items is added to the email notification subject to let you quickly view the essential information about the coming order.

PayPal refunds

PayPro EasyCommerce now supports PayPal refunds: you can fully refund orders that were paid with PayPal directly from your control panel.

Tips&Tricks: Smart techniques to sell more
At PayPro we're constantly providing new tools that software companies can use to supercharge conversions and profits. One such tool is cross-sale pop-ups followed by delayed emails. If cross-sale pop-ups and delayed emails are actively used, the resulting growth in sales is typically 8-24%, but our experience shows that sales may go up as much as 64%.

Tricky cross-sales

When a customer is purchasing your product he is focused on the money he is planning to spend, on the product and generally on what he needs. He is not usually interested in your cross-sale offering. When he gets to an order page with a cross-sale promotion, he may abandon his original order because of the higher price and start looking for a more attractive offer.

We've been thinking hard to come up with the best way to increase cart value for you without chasing customers away if they feel the product is too expensive.

The idea is very simple but brings remarkable results! We need to offer additional products for a low price AFTER the customer has already submitted their order.

This is why we created the cross-sale pop-up.

Here's how it works:
  1. The customer chooses a product in your store.
  2. The customer gets to the order page where you offer a very low priced cross-sale promotion or nothing at all.
  3. The customer fills in their personal information and credit card number and submits their order.
  4. The customer sees a pop-up containing a special offer: "Get product X for 50% off right now". Here we recommend making the cross-sale product relatively inexpensive - 30-40% of the ordered product's price.
At this stage the customer has two options:

"Yes" - automatically adds the product to the order and charges the customer.

"No" - the customer is charged only for their original order.

With both options you eliminate the risk of chasing the customer away and at the same time increase your cross-sale conversion rate. Based on our experience, you can realize an incredible increase in your revenue by using cross-sale pop-ups. Give it a try to see how it works for you- we're sure your sales will go up in 3-4 weeks.

Here is just one example of a cross-sale pop-up for one of our client's products:



Delayed emails

In order to maximize online revenue we recommend using delayed emails along with your cross-sale pop-ups.

A delayed email is an email sent to your customer a set number of days after their original purchase. Use them to offer your customers another product with an attractive discount. It doesn't need to be a software product, either. Promote your product CD or support plan - anything you think your customer might be interested in. Keep your offer simple and appealing to the customer. Make him feel you value him and don't forget to mention that the offer is time-limited.

You may think that cross-sale pop-ups and delayed emails won't work for you. The results we've seen can assure you - they do work and bring positive results with almost no effort from you.
Interview with VMProtect Software
Our guest is Ivan Permyakov, CEO at VMProtect Software. The company produces VMProtect, a next generation software piracy protection solution that uses an embedded virtual machine to render code extremely difficult to analyze.

- Ivan, it is our pleasure to interview you. Could you please tell us a little about yourself, and your responsibilities at VMProtect Software?
Hi. I'm 35, I live in Yekaterinburg, married and have a daughter. For the last 10 years I've been putting almost all my energy into VMProtect development. Our VMProtect team is not huge, so I have to do everything: from managing to coding. But that's okay - I wouldn't want to be a full-time manager :)

- How did you get into the software industry? What did you start with?
I started with accounting software. In fact it was pretty good, it was a good experience for me, as I could see the need to protect a software product. VMProtect is the result of my first software protection development work. At that time it was very different than today's VMProtect. And it's hard to imagine it was distributed for free. :)

- So why did you choose code virtualization?
At that time software protection was no more than code encryption and decryption before or during execution. This approach required us to constantly combat not only hackers but new Windows versions where changes occurred from time to time. Virtualization is a completely algorithmic task with very minimal influence from the operating system. There are no issues with multi-threading, no barriers to protect drivers. In general, only advantages.

The fact that almost all our competitors have just started to implement something similar means we made the right choice 10 years ago.

- I think our readers would be interested to know about advantages of your protection solution, what makes it different from competitors?
As I mentioned, the main advantage is the fundamentally different approach to code protection. It allows us to support more file types: EXE, DLL-files, drivers. Both 32-bit and 64-bit code is supported, as well as all relevant Windows versions.

Its second advantage also comes from the code protection method. As a result of virtualization the "native" application code will never be in memory. In other words, VMProtect doesn't encrypt the code, it modifies it, turning one command into a few dozen other commands, in a different way each time, and mixing them up. It would be a "pleasure" to hack this code, which is why we're not welcome on the hacker's forums. They keep saying that a universal hacking tool is coming soon. It's been that way for years, maybe three already. So we're looking forward to its release :)

Talking seriously, though, these are just a few of our customers: NCSoft, CyberLink, Daemon Tools. Their products are used by millions, and they use VMProtect.

- In your opinion, what should software developers consider when choosing protection solution? Are there any common issues that they should pay attention to right away?
There are 3 possible problems with software protection:
  1. The software stops working after protection has been applied.
  2. Protection can be easily hacked.
  3. Anti-virus software alerts triggered by the protected file.
All other issues are nothing compared with these three. So what should be kept in mind when choosing a protection tool? Always download the demo-version and try to protect your software. Test its stability, upload it to virustotal.com and see the reaction of the top anti-virus tools. Usually they like demo-versions less, because they have the same code signatures, and show more loyalty to full versions. But for almost unknown protection systems, the antivirus check is very important.

When it comes to hackers, it's a good idea to dig for information on the hacker's forums like cracklab.ru or ask colleagues in the software industry who uses what solution, and how they fare with hacked versions. A final decision should be made after these three points are considered.

If you apply these criteria to VMProtect, you'll get the following picture:
  1. The protection doesn't make the software stop working - all growth issues are already solved. Moreover, the protection may even help you find errors in the product that haven't been found before.
  2. I've already said what hackers think about us.
  3. Regarding anti-virus tools... we cooperate with the main anti-virus companies. We see issues very rarely, and when we do, they are solved very fast. In addition, we are a member of the IEEE Anti-Malware Group that unites the main anti-virus companies. So you won't have any headache with us.
- As we know, VMProtect Software was founded in 2000. 11 years is an advanced age for a software company. What, in your opinion, helped you to become one of the leading companies in the software protection industry?
For sure the most important thing for us was our initial decision not to use the standard software protection methods. Our competitors are just now implementing what we did several years ago. But, of course, we're not standing still... we're always moving forward.

- And finally, what would you like to tell our subscribers?
I would like to wish all of you more sales and fewer problems. In any case, we can help you solve one of these for sure :)

- Ivan, thanks a lot for your time and for a very interesting interview!