Yep, we're considering all-new pricing and payment options for shared hosting very soon, which can save you big $$. Our goal is to make Modwest Hosting even more attractive and give you more flexibility. So, we just want your input before finalizing these plans.
We're not ready to spill all the details yet, but here's what we're considering:
1. If you are happy with your current plan, YOU CAN STAY ON IT, but the new prepayment discounts won't be available for it.
2. One plan! With the new price structure, There will only be one shared hosting plan offered, and it will have significantly increased resources than our current Value Plan.
3. Discounts! The new plan will allow the following discounts for prepayment:
PRICING WITH PREPAYMENT DISCOUNTS
* 1 month: 15.95 monthly
* 6-months prepay: $12.95/mo ($64.75 prepayment)
* 12-months prepay: $9.95/mo ($119.40 prepayment)
* 24-months prepay: $7.95/mo ($190.80 prepayment)
Assuming you were going to switch to this new plan, which payment term is attractive to you? If none of them are, please tell us why.
Points Per Answer (Top 20)
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1-year prepayment is $119.40, saving 38%.
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2-year prepayment is $190.80, saving over 50%.
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My initial and honest reaction is an observation that the way this partial picture is presented suggests discounts are masquerading as price increases.
Based on the no-addons scenario, moving to the new single plan on a monthly basis means starting $1 higher than the current $14.95 value plan it's based on. For a new starter that would be $6 higher than the current starter of $8.95, or a 44% hike, making prepayment more of ...
[show more]
My initial and honest reaction is an observation that the way this partial picture is presented suggests discounts are masquerading as price increases.
Based on the no-addons scenario, moving to the new single plan on a monthly basis means starting $1 higher than the current $14.95 value plan it's based on. For a new starter that would be $6 higher than the current starter of $8.95, or a 44% hike, making prepayment more of a necessity than an option. If all someone needs is an $8.95 plan then two years pre-pay is not good use of the money in order to save $24.
As the value of money decreases with time, my modest expectation were for an up front payment discounting the current prices. There is of course an efficiency saving to be made by having only one plan, but that's a saving that directly benefits modwest, so in terms of the new plan, for me, much will depend on the full picture.
My advice is for many small and gradual changes rather a radical overhaul.
Are there similar plans for VPS? [show less] |
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(No description provided)
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That works for me. Normally I would only sign up for a year's service (a year on the Internet is like four in the real world). BUT this kind of deal would be hard to pass up.
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My current plan and payment option works for me.
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6-month prepayment is $64.75, saving almost 20%.
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I like both because we build sites for many of our clients, and a prepay option both provides a nice discount, and gets around our issue of 1) setting up an account for a client and having to use our corporate CC card and 2) moving that account's payment over to a client.
So, a one time, one or two year payment by us, without having to keep our card on file, with an auto bill reminder going out to the client would be optima...
[show more]
I like both because we build sites for many of our clients, and a prepay option both provides a nice discount, and gets around our issue of 1) setting up an account for a client and having to use our corporate CC card and 2) moving that account's payment over to a client.
So, a one time, one or two year payment by us, without having to keep our card on file, with an auto bill reminder going out to the client would be optimal! [show less] |
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I see the savings, but there are reasons I can't commit to a longer term and prepayment.
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It might not be a year or two, but it's what I can afford.
I use PayPal because not only do I have control, but I know the bill is paid and the money not owed to someone else that may charge interest.
I don't know the relative difference to modwest between PayPal and Credit Card fees, but I'm sure one must be more expensive than the other. If I done web-hosting I would be looking to even that out difference with a surch...
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It might not be a year or two, but it's what I can afford.
I use PayPal because not only do I have control, but I know the bill is paid and the money not owed to someone else that may charge interest.
I don't know the relative difference to modwest between PayPal and Credit Card fees, but I'm sure one must be more expensive than the other. If I done web-hosting I would be looking to even that out difference with a surcharge to ensure customers using one method aren't subsidizing those using the other. This may be an unpopular idea, but it would be fair as long as the surcharge is not used to recover the cost of sales to modwest. [show less] |
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My accounts pages lists my type of account as "Value Hosting". So I don't know how these new plan ideas relate to me. Being able to get a discount for pre-paying for a few month is attractive. But I don't know enough of the details of the proposed new plan. If you're not going to lay that out, then I don't think you can rely on any of the answers you get.
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This option could entail smaller discounts and early-cancellation stipulations.
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The original question was:
"How would the opportunity to prepay with a bulk discount change your view of Modwest? https://community.modwest.com/topic/126
No mention was made of a new plan (which I support) so my expectation was for prepay discount to be applied to the current plan. While I know I can keep my old plan, I'm left wondering why can't the current plan be discounted too?...
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The original question was:
"How would the opportunity to prepay with a bulk discount change your view of Modwest? https://community.modwest.com/topic/126
No mention was made of a new plan (which I support) so my expectation was for prepay discount to be applied to the current plan. While I know I can keep my old plan, I'm left wondering why can't the current plan be discounted too? [show less] |
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There are two reasons I stay with modwest: 1) customer support and 2) because it's month to month at a reasonable price. If that changes it will be much harder to justify.
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on October 26th, 2009. 27 members have voted on one or more of the 14 answers.
Comments
Leave a comment
With this plan there would be NO TERM agreements required no matter how many months you might choose to prepay for.
If a customer decided to make a prepayment for this plan they would still be able to switch plans or cancel service at any time.
If there is only one plan how can one switch? If someone cancels then can't they expect to pay a higher rate for not going full term and isn't that the same as an early termination penalty?
For people who choose to switch to the new plan, there will be different prepayment options, and you can switch between them. The math gets a little complex, but we think we'll be able to provide a process for switching that is fair to everyone. Likewise for cancellations.
In this economy, pay-as-you-go is the only rational option. Who knows if you will be going bankrupt in 2 months and take my pre-paid money with you?
Sorry for the bluntness, but I am seeing it happen everywhere else. What guarantees can you give that the prepayment would be refunded if you became insolvent? None.
"There’s a secret phrase that turns any credit card into a financial self-defence superhero. “Section 75” laws means your plastic must protect anything you buy over £100 for free, so if there’s a problem or the company goes bust you can still get your money back."
http://www.moneysavi...our-purchases
I assume there's some sort of equivalent for this in the US?
This is now almost double the current basic monthly hosting cost. Given there is a plethora of hosting companies well below $10.00 a month, I do not see the reason for this. To stay relatively within a reasonable cost it means paying 12 months in advance. With multiple sites this is a considerable initial outlay for a small business.
Thanks for updating the topic John. http://community.modwest.com/answer/1040/
IMHO the most important item that needed to be make clear was that that parallel plans will continue to run with no forced switch on the cards. Wow!
Once the new plans go live, I can make a more informed decision about which is the best option for me.
By way of a suggestion, given the math is complicated, have you considered using OnSite as a way to market the new plan through a personal illustration of both the old and the new?