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A can of worms: “Lifetime” deals

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Comments

  • @Levi said:
    99 or 69 years helps accountability in case of deadpool. Easy to calculate refund amount and provider (rather his children) has a chance to charge after X years. So why not? Lifetime is snake oil.

    Sorry, this is nonsense - if you buy a service for $100 and the provider goes under after a year how exactly does it help you to have bought it for 3 years or 69 of 99 instead of "lifetime"?

    Buying low end services from low end providers carries a risk and we all know that. You keep banging on about "refund amounts" as if you expect to get money back from someone deadpooling. That... is not normally how it works.

    (full disclosure: I generally avoid lifetime deals because I prefer actually paying for services. I don't have an MXRoute lifetime for that specific reason - although it's a pretty sweet BF package. That said, I do have a MyW lifetime because it was a silly low price and I understood the risk of buying such a thing)

  • HostSlickHostSlick 🚩 Host Rep Tag Suspended

    @SGraf said:
    Regardless of the specific case....

    I would be in favor of banning "lifetime" offers.

    Maybe we can extend the rules on how long a deal providers may offer? Such as:

    • Less than a year: Monthly Deals only...
    • 1 Year in Business: Yearly Deals
    • 3 Years in Business: 3 Year Deals
    • 5 Years in Business: 5 Year Deals

    And cap it at 5 years. As that is a long time horizon for most usecases....

    Yearly is even enough in my opinion.

    Thanked by 2MannDude tentor
  • @ahnlak said: Sorry, this is nonsense - if you buy a service for $100 and the provider goes under after a year how exactly does it help you to have bought it for 3 years or 69 of 99 instead of "lifetime"?

    What? Read whole thread.

  • jarjar Patron Provider, Top Host, Veteran
    edited September 2024

    I'm only aware of two providers here that offer lifetime, one folded and now I'm both of them. I support a ban on lifetime for LET. The rules have always been about preventing this forum from being destroyed by the excessive number of scam operations that are attracted to it. Because we saw first hand the alternative and it wasn't better.

  • What if instead of banning lifetime for LET, one accidentally bans LET for lifetime?

    Thanked by 4jar sasslik kait Ouji
  • kaitkait Member
    edited September 2024

    @SGraf said:
    Regardless of the specific case....

    I would be in favor of banning "lifetime" offers.

    Maybe we can extend the rules on how long a deal providers may offer? Such as:

    • Less than a year: Monthly Deals only...
    • 1 Year in Business: Yearly Deals
    • 3 Years in Business: 3 Year Deals
    • 5 Years in Business: 5 Year Deals

    And cap it at 5 years. As that is a long time horizon for most usecases....

    I am always in favour of what my favourite Austrian art student has to say.

  • @SGraf said:
    Regardless of the specific case....

    I would be in favor of banning "lifetime" offers.

    Maybe we can extend the rules on how long a deal providers may offer? Such as:

    • Less than a year: Monthly Deals only...
    • 1 Year in Business: Yearly Deals
    • 3 Years in Business: 3 Year Deals
    • 5 Years in Business: 5 Year Deals

    And cap it at 5 years. As that is a long time horizon for most usecases....

    The best advice so far, imo.

    Thanked by 1sasslik
  • plumbergplumberg Veteran, Megathread Squad

    @jbiloh said:

    @FAT32 said:
    Rest assured that we are looking into this and will announce more in the near future.

    Agreed

    Just like what is promised for

    https://lowendtalk.com/discussion/192140/humans-only-please

  • @Levi said:

    @ahnlak said: Sorry, this is nonsense - if you buy a service for $100 and the provider goes under after a year how exactly does it help you to have bought it for 3 years or 69 of 99 instead of "lifetime"?

    What? Read whole thread.

    your take on oracle? no plans?

  • @sitss said:

    @Levi said:

    @ahnlak said: Sorry, this is nonsense - if you buy a service for $100 and the provider goes under after a year how exactly does it help you to have bought it for 3 years or 69 of 99 instead of "lifetime"?

    What? Read whole thread.

    your take on oracle? no plans?

    I took a blue pill, let the Neo take care of oracle.

  • @Levi said:

    @sitss said:

    @Levi said:

    @ahnlak said: Sorry, this is nonsense - if you buy a service for $100 and the provider goes under after a year how exactly does it help you to have bought it for 3 years or 69 of 99 instead of "lifetime"?

    What? Read whole thread.

    your take on oracle? no plans?

    I took a blue pill, let the Neo take care of oracle.

    lol, a sound plan indeed - wot.

  • While I’m fine with lifetime deals, I believe there should be a written minimum service period.
    Something like a "lifetime" plan that guarantees service for at least a year, and whilst the customer can still use it afterwards, it is not guaranteed and they are not entitled for a (partial) refund if the business goes out.

  • zedzed Member
    edited September 2024

    I don't personally bother with lifetime deals and I typically treat them as a warning sign, but .. I'm not sure I understand why LET should prohibit them.

    Do you (we) not already treat every single posted offer here as a buyer-beware situation, and do some amount of checking before spending your nickel?

    Are lifetime deals even in the top 1000 problems we see with posted offers here?

  • verovero Member, Host Rep

    Lifetime offers should only be allowed from hosts, who provide legit visual evidence of their balls.

  • yoursunnyyoursunny Member, IPv6 Advocate

    @jar said:
    I'm only aware of two providers here that offer lifetime, one folded and now I'm both of them.

    There are more.
    https://lowendtalk.com/discussion/196197/uk-usa-uk-london-usa-dallas-stackcp-hosting-one-time-fee-20i-platform/p1

    Thanked by 1jar
  • YmpkerYmpker Member
    edited September 2024

    Seems reasonably "small" package and only a few bucks to gamble upon. That said, 20i, according to trust pilot, seems to continuously increase their pricing or limit users (this might be problematic here) unless you upgrade their plan. That said, if there's another source of income, it seems doable.

    Thanked by 1mustafamw3
  • gigahostgigahost Member, Patron Provider, Megathread Squad

    Anyone with a ForeverCloud server here? ;)

  • the rules should be : lifetime deals can't be more then 10$

    Thanked by 1Erisa
  • @bdspice said:
    the rules should be : lifetime deals can't be more then 10$

    7$ or no deal.

  • kdjmakdjma Member
    edited September 2024

    I'm not sure if it's easy to automate but how about lifetime but you pay 20% each year and then after the 5th year you don't pay more.

    The problem is most offer lifetime to generate cash to launch and scale, and it's a bet on the company, look at appsumo their whole model is essentially built on this, buy a product early on for a one time fee and you take a bet on the company. I've had purchases on appsumo close down and I've had some that are doing amazing and I'm saving a crazy amount.

    If you can afford to take the risk on a lifetime deal then do, if not then simply do not buy. I'm talking as someone with less than 11 months use on a MyW lifetime plan.

    If you can't afford to lose the 50,100,200 do not buy it. I sometimes want to take a bet on a company and get in early on a lifetime deal.

    If you get use out of it for 6-12 months and you factor in the going monthly rate then usually you haven't been ripped off too much at the end of the day, it softens the blow , if it was a good lifetime offer.

    Thanked by 1default
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