5 ms·
annual billing, period. being able to access a year's worth of capital upfront will always be better (from the providers point-of-view)
by kidlogic 9y ago
annual billing, period. being able to access a year's worth of capital upfront will always be better (from the providers point-of-view)
- skdotdan 9y agoCould you expand on that?
- dyeje 9y agoIt's better to have money now rather than later.
- jasonkester 9y agoNot always. Personally, I find annual billing a bit annoying to deal with because it introduces spikiness into our monthly revenue numbers. Whereas before I could tell you roughly what we'd bring in each month (by looking at the previous month and adding a bit), now it can vary by a few thousand dollars depending on where our Annual subscribers land in the year. In the long term, it's probably better for the business, since it bumps Lifetime Value up a bit for those customers. But I'd actually prefer it if nobody took advantage of it, so that I could have a nice smooth revenue chart to look at.