Pros and Cons of Lifetime Memberships
Membership Geeks Podcast with Mike Morrison · Membership Geeks
July 20, 201626m 50s
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Show Notes
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