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05-24-2004, 12:51 AM
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Confirmed User
Join Date: Mar 2004
Location: San Jose, CA
Posts: 1,341
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Serious question: charging ahead
I have a question for those who have membership based sites and in addition to monthly recurring fees give their customers an option to pay 3, 6 and 12 months in advance:
Are you concerned about the following?: - If your site goes belly up - you personally will be responsible for returning money to those customers who have paid many months ahead? - Re-bill customers are more loyal customers and don't need to be "bought" again when their one time fee membership expires - You can get more money out of a customer by having him on a rebill - If you sell your business all the multiple month memberships that are still active are "liability" and decrease the price of your business. Thank you for your opinion! |
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