EFT plans with no minimum committment - Page 2 - tanTALK

Marie713 · 02-27-2010, 01:03 PM

I used to have 3,6 and 12 month efts with all different prices. I now have one eft price with no minimum commitment. I charge the regular month price for the first month and after that they get the reduced rate. They can cancel anytime. If they want to resign up they start over by paying the regular rate all over again.

This works great for many reasons including even if their card starts declining after the first month I'm not loosing any money.

adam.sand · 02-27-2010, 01:08 PM

EFT with no minimum are stupid.

We are dealing with the dumbest customer demographic on earth. Remember, they are the dramatic dipsticks that dont read a paper or read current events. Many of them dont know much about skin, or skin cancer, or how tanning causes skin cancer. (its not what you know, its what you can prove, and theres enough people saying tanning = skin cancer to make it true even if its not) Which means that these people either havent heard, or have, and tan anyways. These kind of people are the kind of idiots that would cancel on you every time you make them mad or they dont like one of your employees.

dongal · 10-30-2011, 06:31 PM

Quote:

Originally Posted by WendyJo

In these hard economic times, it's harder for people to commit to a payment for something they don't absolutely "need" to survive. So, giving them an easy out seems to be great incentive for them to sign up.

We let our EFT's cancel at any time. It's never been a problem for us. We maintain a large number of EFT members because we don't force them to commit. They feel better about it.

I'm with you on this one. Our EFT prices aren't any different than our regular monthly prices. We offer EFT as a courtesy to our customers, it is not required to obtain the "membership" pricing. And they can cancel any time.

dongal

SteveO · 10-30-2011, 07:23 PM

We deal with fickle college students. They all sign up for the deal and now that Halloween party weekend is over they are canceling for November. I need to re-think our EFT plan.

toasted1 · 10-31-2011, 09:09 AM

From everyone's experience, would you say the average EFT lasts about 5 months, or would you say this trend has changed?

We have no miniums and our retention is great. July and August are big cancel months for us, but most stay for awhile.

TanOasis1 · 11-11-2011, 12:49 PM

I require a 5mth!! $20 a month cheaper then Reg month prices
I allow them to freeze anytime After the 5mths.
If they have to cancel before the 5mths is up they pay a cancel fee.

I also offer other deals to sell the Efts such as 25% off lotion at anytime, 2 Free upgrades a mth

I have 203 clients on the EFT program and it is NOV!!

02-27-2010, 01:03 PM	#11 (permalink)
Marie713 Join Date: Feb 23 2010 Location: New England Posts: 94 Rep Power: 0	Re: EFT plans with no minimum committment I used to have 3,6 and 12 month efts with all different prices. I now have one eft price with no minimum commitment. I charge the regular month price for the first month and after that they get the reduced rate. They can cancel anytime. If they want to resign up they start over by paying the regular rate all over again. This works great for many reasons including even if their card starts declining after the first month I'm not loosing any money.

02-27-2010, 01:08 PM	#12 (permalink)
adam.sand Just a Squirrel Join Date: Feb 25 2006 Location: Edmonton, Alberta Age: 40 Posts: 309 Rep Power: 19	Re: EFT plans with no minimum committment EFT with no minimum are stupid. We are dealing with the dumbest customer demographic on earth. Remember, they are the dramatic dipsticks that dont read a paper or read current events. Many of them dont know much about skin, or skin cancer, or how tanning causes skin cancer. (its not what you know, its what you can prove, and theres enough people saying tanning = skin cancer to make it true even if its not) Which means that these people either havent heard, or have, and tan anyways. These kind of people are the kind of idiots that would cancel on you every time you make them mad or they dont like one of your employees. __________________ There is STILL Tanning in West Edmonton Mall! http://fromrigstoriches.wordpress.com Mr. Belvedere wishes he had half of my ideas, and 100% of my nerve. (put here by Belvy himself.. not me lol)

10-30-2011, 07:23 PM	#14 (permalink)
SteveO Join Date: May 2 2007 Location: Minnesota Age: 64 Posts: 136 Rep Power: 17	Re: EFT plans with no minimum committment We deal with fickle college students. They all sign up for the deal and now that Halloween party weekend is over they are canceling for November. I need to re-think our EFT plan.

10-31-2011, 09:09 AM	#15 (permalink)
toasted1 Join Date: Jan 24 2011 Location: Massachusetts Age: 47 Posts: 177 Rep Power: 14	Re: EFT plans with no minimum committment From everyone's experience, would you say the average EFT lasts about 5 months, or would you say this trend has changed? We have no miniums and our retention is great. July and August are big cancel months for us, but most stay for awhile.

11-11-2011, 12:49 PM	#16 (permalink)
TanOasis1 Join Date: Jun 21 2011 Location: St.Robert Age: 43 Posts: 11 Rep Power: 0	Re: EFT plans with no minimum committment I require a 5mth!! $20 a month cheaper then Reg month prices I allow them to freeze anytime After the 5mths. If they have to cancel before the 5mths is up they pay a cancel fee. I also offer other deals to sell the Efts such as 25% off lotion at anytime, 2 Free upgrades a mth I have 203 clients on the EFT program and it is NOV!!

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