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do discounted rebill rates increase retention?
as a customer, i think a $30 - 40 rebill rate is absurd. I just download what i like & cancel, & rejoin in 6 months to get the new stuff.
I would stay a member at $20 & under if i really like a site. but thats just me. |
I've never done a reduced-price rebill but BrokeAms rebills at 70% rate without it so I haven't felt the need. So, I can't help you fully but your post was sliding down the page without a response so I thought I'd at least give you whatever experience I do have.
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In most cases it doesn't for two reasons:
1. The person like and actively uses a site, so has no problem with the rebill. 2.The don't like the site and don't return and don't check their CC statement and it rebills for months sometimes years. |
We knock about 7.00 off on rebill vs initial signup. Rebills are good except for all the "failed rebills" I've been getting lately. :disgust
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what Wizzo said - a good % of rebillers are simply people who don't pay much attention to their credit card statement. you're just throwing money away by reducing the rebill fees.
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Yes it can increase retention a great deal if done right.
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word. i want to do a low price rebill, but i think affiliates would not approve & i dont feel like pissing them off at this juncture.
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37% failed rebills lately.
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thank you all for the feedback.
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depends on how you use them and when you present them.
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we did the opposite... lower initial price and re-bill at normal pricing. has anyone here done that yet? Have you seen any results? We have about 2 more weeks until we see the returns on the initial lower price offer, but it looks really promising. I think our content speaks volumes about sticking around and staying a while... check out our tour at http://tour.littlemutt.com . You can see everything we have to offer before you join...
what do you think? DG |
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