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From: SI Bob2/3/2005 3:14:32 PM
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Testing the waters....

We're going to offer Lifetime subscriptions again until the end of the month. Will implement them this week. So far, the numbers I've got on the table are $199.95 for Lifetime with 1 year of Premium-Plus ($180.00 for lifetime and $19.95 for P+) or $249.90 for Lifetime with 5 years of P+ ($180 for Lifetime and $69.90 for 5 years of P+). Anyone with an existing, non-expired recurring subscription (levels 20 through 22) would have the cost of their current subscription discounted from the Lifetime upgrade, so a level 22 (annual) would be able to upgrade to Lifetime with 1 year P+ for $110 or Lifetime with 5 years P+ for $159.95.

On the table as a possibility is letting existing Premium-Plus subscribers extend their P+ level for another 4 years at a discount. The figure we're working with right now is $59.95 to add 4 years to an existing level 30, but that's not set in stone.

Are there people who would be interested in extending their P+ like this?

We will also be raising the price of Premium-Plus in March. Details later. The figures we're working with right now are $24.95 for 1 year, and up to 5 years available, with the per-year cost decreasing with the number of years purchased.

All of the above looks confusing as-is. Will post it more clearly as a table later.

Main thing is I'd like to see if there really is interest in extending (for a fee, of course) P+ out beyond a year so you can keep us out of your pockets that long.

We're gradually moving closer to the iHub model, except that iHub has no such thing as Premium-Plus, since it never had the huge overhead of Grandfathered/Lifetime accounts that SI has. However, like iHub, there will be a time soon that we'll never again offer lifetime subscriptions. iHub is likely already at that point, as its recurring subscription revenue stream is quite strong and reliably getting stronger.

Another thing I plan to implement this month once I've worked out the details is incentivizing free members by giving prolific stock-only posting ones a very small subset of Premium features ("Premium-Lite?") once they've reached different posting milestones.

If a free member is posting an average of 5 times a day and their posts are valuable contributions to the community, I'd like to reward them with increased posting limits and increased feature availability as they hit various milestones.
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