MBA379 Q&A Weekends: I’m curious why you do a one time fee for your course instead of a monthly or yearly subscription?

The $100 MBA Show

Omar Zenhom

Careers, Entrepreneurship, Business, Marketing

4.9 • 1.2K Ratings

🗓️ 13 September 2015

⏱️ 11 minutes

🔗️ Recording | iTunes | RSS

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Summary

A lot of our peers in the business ask us why we only charge a one-time fee of $100 for a lifetime membership to The $100 MBA. Why don't we make it a monthly fee? Why don't we make it a yearly fee? How does the profitability vary between the two models? We'll answer these questions in today's show so hit play!

Transcript

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0:16.1	Heyo! Welcome to the $100 MBA Show and today's a Q&A weekend's episode where we answer your question right here on the show. If you have a question you want to ask, just email us at contact
0:20.8	at 100 MBA.net or you can send me a tweet on Twitter. My handle is Biz
0:26.2	Republic, Biz-I-Z Republic. As always I'm your host, your coach, your teacher Omar
0:30.9	and home. I'm also the co-founder of the $100 MBA, a complete
0:35.3	business training and community online. Check out our latest new free guide
0:40.8	over at 100MBA.net, 12 steps to creating an online course. You can
0:46.4	download that for free over at our website. Today's question comes from
0:50.5	Christina and Christina asks, I'm curious curious why do you have a one-time fee for your
0:56.0	course of the $100 MBA instead of a monthly or a yearly subscription it seems like
1:01.2	all the sites I see out there are based on monthly or a yearly fee.
1:05.0	But I would like to do a one-time fee to give them lifetime access.
1:10.0	What does the profitability vary between the two models?
1:14.0	Good question, Christina.
1:16.0	We get this question a lot from our peers in the market.
1:19.0	Why is the 100 MBA a lifetime membership for just $100?
1:22.0	Why don't you make it a monthly fee? Why don't
1:24.4	you make it a yearly fee? What's the rationale behind it? I will share with you
1:28.4	today on today's episode exactly why we decided to do that on the $100 VA.
1:34.0	So let's get into it, guys. Let's get down to business.
1:37.0	Today's episode of the $100 MBA show is sponsored by Webinar Ninja Live, the first
1:46.7	national webinar conference in sunny San Diego on September 26. Learn from the
1:52.0	masters of webinars and know why Webinars convert better than anything else
	...

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