+Jhwk Posted December 6, 2005 Share Posted December 6, 2005 Any thought or interest in a lifetime membership option versus the monthly or annual update? Searched the forums, and last time this was mentioned was over 2 years ago, and only in passing. Jeremy - any thoughts? Is this even feasible, suitable, or acceptable from a business standpoint? Link to comment
Jeremy Posted December 6, 2005 Share Posted December 6, 2005 There are no plans to offer a lifetime membership. Link to comment
+Jhwk Posted December 6, 2005 Author Share Posted December 6, 2005 ok - so I guess it is not economically feasible? Just wanted your thoughts. How about $1,000 Link to comment
+Jhwk Posted December 6, 2005 Author Share Posted December 6, 2005 so... How about multi-year memberships? two, three, five... Similar to other fee based business plans like XMradio or many professional organizations. Link to comment
+Cardinal Red Posted December 6, 2005 Share Posted December 6, 2005 When I signed up as a Premium Member I paid for two years at one shot. There wasn't any discount, but it can be done. Link to comment
+TheAprilFools Posted December 6, 2005 Share Posted December 6, 2005 ok - so I guess it is not economically feasible? Just wanted your thoughts. How about $1,000 Humm, Break even in 33 years, 4 months. Link to comment
+NomadVW Posted December 7, 2005 Share Posted December 7, 2005 Considering he'd need to make 3-4% interest annually on the $1000 fee to "make" his 30 bucks a year, while maintaining a capital of $1000, this wouldn't exactly be a bad deal for him. Link to comment
Jeremy Posted December 7, 2005 Share Posted December 7, 2005 ok - so I guess it is not economically feasible? Just wanted your thoughts. It is unrealistic. The site features, pricing, etc. will drastically change in 30 years considering the changes over the last 5. Maintaining this subscription in some fashion would be too difficult over time. This doesn't include the fact that memberships are prepaid and through accounting practices is "spent" over the course of the year/month. How to break down a lifetime subscription would be problematic even if you don't include the "when do you plan to kick the bucket?" sort of accounting. I always thought the word "lifetime" was a bit problematic anyway. My TiVo subscription is for the lifetime of the machine, not me. Perhaps if we use the lifetime of a goldfish we could talk. Link to comment
+John & Hazel Posted December 7, 2005 Share Posted December 7, 2005 Perhaps if we use the lifetime of a goldfish we could talk. How about this one Jeremy? Tish Link to comment
Jeremy Posted December 7, 2005 Share Posted December 7, 2005 Perhaps if we use the lifetime of a goldfish we could talk. How about this one Jeremy? Tish Oh you know that her husband replaced that fish every couple of months. Link to comment
+Colorado Cacher Posted December 7, 2005 Share Posted December 7, 2005 "Gulp" for $500.00 Alex. What were the 1950's. Here fishy fishy. Link to comment
+Jhwk Posted December 7, 2005 Author Share Posted December 7, 2005 ok - so I guess it is not economically feasible? Just wanted your thoughts. It is unrealistic. The site features, pricing, etc. will drastically change in 30 years considering the changes over the last 5. Maintaining this subscription in some fashion would be too difficult over time. So how does that tie in with this? - from your renewal site here "The following is a list of some of the Premium Member features available today. In the future we will be working to bring you newer and better features, yet you will always be locked in at the current rate as long as you continue to renew." I know lifetime is a bit of a stretch, so how about 1, 2, and 3 year renewals? Link to comment
+welch Posted December 7, 2005 Share Posted December 7, 2005 You can pay from more than one year at a time... just no discount for it Link to comment
+mcl143 Posted December 7, 2005 Share Posted December 7, 2005 Sorry if this is a little off topic. What is the difference between the Annual Premium Membership (Does not renew) $30/year Annual Premium Membership (Renews Annually)? They are both $30, does one bill you annually without any user interface? Link to comment
+Moose Mob Posted December 7, 2005 Share Posted December 7, 2005 Sorry if this is a little off topic. What is the difference between the Annual Premium Membership (Does not renew) $30/year Annual Premium Membership (Renews Annually)? They are both $30, does one bill you annually without any user interface? Yes, precisely. Link to comment
+Jhwk Posted December 7, 2005 Author Share Posted December 7, 2005 Alright folks, will close the thread shortly, but what I found may help you. While there is no lifetime membership available, there is an alternative. You can go the paypal route and do an annual update (you have to go in each year) or you can have the system annually renew you. OR you can go over to the credit card side and purchase renewels by unit. 1 unit ($30) is one year, 2 ($60) for 2 years, etc... I am assuming (yes, I know ) that there is no limit to the quantity you could purchase (10 qty for 10 years @ $300) so, in theory, I could have purchased 30 years worth of membership and come back to renew again in 2035. But I just renewed for 2 years cus I'm weak like that. Thanks Jeremy et al for the input and assist. Link to comment
+Criminal Posted December 7, 2005 Share Posted December 7, 2005 An amusing anecdote: Back in the early 80s when video rentals were a new thing, a bunch of guys came into the barracks bragging about the lifetime memberships they bought at a new video store downtown. “We can rent any video we want for $XX and the membership only cost $125!” Problem was, nobody had the foresight to ask who’s lifetime. Six months later in the middle of the night the owners emptied the store and left town. If Jeremy offers a lifetime membership, it means he’s about to sell off the site. Link to comment
+Allen_L Posted December 7, 2005 Share Posted December 7, 2005 They are both $30, does one bill you annually without any user interface? This is the lifetime membership with easy payment plan of $30/year. Link to comment
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