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Pros and Cons of Lifetime Memberships

Pros and Cons of Lifetime Memberships

FromMembership Geeks Podcast with Mike Morrison


Pros and Cons of Lifetime Memberships

FromMembership Geeks Podcast with Mike Morrison

ratings:
Length:
27 minutes
Released:
Jul 20, 2016
Format:
Podcast episode

Description

It's easy to see why the strategy of offering lifetime memberships is a divisive one.
Unquestionably the biggest benefit of the membership model lies in recurring revenue, so the notion of providing unlimited access to your site for a single one-off fee may seem counter-intuitive; however as we discuss in this episode of The Membership Guys Podcast there are definite pros and cons to this strategy...
In this episode, I discuss: Pros and Cons of offering a lifetime membership option
Examples of the type of sites or situations where a lifetime option could work very well
Why it's important to define what a lifetime membership actually is
How to decide on what to charge for lifetime access
Released:
Jul 20, 2016
Format:
Podcast episode

Titles in the series (100)

Join the Membership Geeks - Mike Morrison and Callie Willows - for advice, tips and insight on planning, running and growing a successful membership website plus interviews with existing membership owners and industry experts.