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Preferred Billing Cycle (Poll)
Assuming a $7 service
Pay-As-You-Go
Second / Minute / Hourly (whatever) billed at a higher price, on demand. Say $0.02/hour or something.
Monthly
28-31 days, bill on the same day as you purchase the service for the rest of the service life. One bill of $7/month
30 days
Like monthly but with consistency. $7/month
Pro-rata
When you sign up you pay for N days until a prorata date, and then one additional period.
If the pro-rata date is the 7th of the month, and you order on the 14th your bill to pay might be $12 (and cover 50 odd days), recurring on the 7th of every month at $7
Human Intelligence
- Most Preferred81 votes
- Pay-As-You-Go29.63%
- Monthly54.32%
- 30 days8.64%
- Pro-rata7.41%
- Least Preferred81 votes
- Pay-As-You-Go34.57%
- Monthly12.35%
- 30 days17.28%
- Pro-rata35.80%
Comments
$7 / year
30 days as always.
Ok I should have expected that
Because your question is "most preferred"
I would prefer a pay-as-you-go without an associated markup i.e., $0.000002664 per second or $0.00015982 per minute
CHATGPT4 PROMPT:
how much would a $7 a month service be if charged per second, using 365 days in a year? show your work
To calculate the cost per second of a $7 per month service, we first find the total yearly cost:
Yearly cost = $7 \times 12 = $84.
There are 31,536,000 seconds in a year (365 days × 24 hours/day × 60 minutes/hour × 60 seconds/minute).
Cost per second = \frac{$84}{31,536,000} ≈ $0.000002664 per second.
So, the service costs approximately $0.000002664 per second.
# Constants
monthly_cost = 7 # Monthly cost in dollars
days_in_year = 365 # Number of days in a year
# Calculations
# Monthly cost to yearly cost
yearly_cost = monthly_cost * 12
# Total seconds in a year
seconds_in_year = days_in_year * 24 * 60 * 60 # days * hours/day * minutes/hour * seconds/minute
# Cost per second
cost_per_second = yearly_cost / seconds_in_year
yearly_cost, seconds_in_year, cost_per_second
Isn't that less consistant because the date changes nearly every month?
At best, I pay $84 and have NOT paid for a full year?
Why not pay-as-you-go paying by the second/minute/hour to a maximum monthly charge of $7?
This option becomes consistent when you "align" it to the 1st of the month.
Otherwise it creates more confusion instead.
Usually 30-day implementations under the hood mean that the billing system works in units of minutes/hours/days.
Some added confusion though for those with tax obligations (most financial periods start/end on the 1st of a month).
That whole method is confusing for some people no matter how you dress it up
pay as you go but also have a payment limit gate.
Like pay as go or when the bill reaches $7 for a month, whichever comes first. :P
Yearly
I hate being bombarded with invoice overdue emails every month
Monthly, with annual options.
Gift cards.
I m love pro ratatata
Tru dat. I hate being skint and stressing about payments on different days of the month. I just wanna know how much money I need to have in my account on the first of every month.
$7
Yep, for sure. I want to not have any expenses between say a week after salary and my next salary. That way, I can pay all my bills and save the rest almost right after salary
Not a very popular dance so far
Not my fault people aren’t as good thinkers as I am
@emgh True, but this is a popularity contest.
For those curious we currently do 30 days (a byproduct of being originally an hourly billing only company).
I've always hated hour the due date jumps around with 30d, and think its pretty inconvenient for customers (and to those complaining about it not being quite a year - 30.4 days isnt supported for recurring billing by merchant gateways).
Was looking to offer pro-rata as an option and default for new services. Now, instead I think we will need to assess monthly.
Never