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Nearly a third of new subscribers to news publications cancel in the first 24hrs

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31–40 of 183 posts

Re: Nearly a third of new subscribers to news publications cancel in the first 24hrs

#31
post #2

Subscribe and cancel is what I do with anything that doesn’t let me turn off auto-renew.

I'm missing something about this. What benefit do you receive? You performed work to subscribe then more work to cancel. What did you receive in return? Not service, I assume since you canceled immediately.

Re: Nearly a third of new subscribers to news publications cancel in the first 24hrs

#32
post #6

This is just lack of auto renew protections. Consumers are wise to this, and they’re not really canceling. I bet if you could turn off auto-renew they wouldn’t cancel. But, to nobody’s surprise, the MBAs don’t like options where the user doesn’t give away money by accident. Auto renew is one of those things that should be illegal to default users into.

If you replace MBAs with Growth Hackers I agree fully.

Re: Nearly a third of new subscribers to news publications cancel in the first 24hrs

#33
post #12

What I hate about subs for news media these days is the trend to have hidden tiers for subscribers. Basically, you pay a monthly/yearly fee and then all of the sudden you realize that are certain publications that are Exclusive for 'Gold' members or whatever! what a scam. They took a page from the SaaS business-space.

Reminds me of Amazon Prime where many movies have an extra paywall ("rent?") even if you own a subscription. So annoying.

I haven't rerun the analysis but back in the day (ten-to-fifteen+ years ago) it was actually cheaper to subscribe to purchase new digital episodes of series you liked on Amazon VOD (at something like $2-$3/episode) rather than to pay for cable. Back then (pre-streaming) TiVo boxes would auto-download the new episodes overnight and poof there they are to watch. We are again getting to the point with subscriptions that just buying whatever content is becoming cost-effective again. The problem is that once I start bothering to hunt to buy something, it's not a lot harder to hunt for $0 versions so ethics becomes the only barrier. How much does it cost to purchase Stranger Things every few years vs pay Netflix monthly?

Re: Nearly a third of new subscribers to news publications cancel in the first 24hrs

#34

Earlier quoted context omitted.

How do things play out if you call your credit card company and say, "Please don't allow any more charges from this vendor. I'm trying to cancel but they're making it hard."?

I wish I could cancel a credit card recurring payment as easily as a standing order or direct debit. But guess what - it's in the interests of the business and the credit card company for me to keep paying

It's even more in the interests of the credit card company to retain your long term business. That's why chargebacks are so frequently abused (and accepted by card issuers).

Re: Nearly a third of new subscribers to news publications cancel in the first 24hrs

#36
post #6

This is just lack of auto renew protections. Consumers are wise to this, and they’re not really canceling. I bet if you could turn off auto-renew they wouldn’t cancel. But, to nobody’s surprise, the MBAs don’t like options where the user doesn’t give away money by accident. Auto renew is one of those things that should be illegal to default users into.

At one point I lived in the greater Providence, RI area. I bought an online subscription to a big local paper [0], mainly to help support local journalism.

The subscription did give me full access to their articles. But it did nothing to eliminate the crap I really hate: interleaving of "sponsored content" with actual news, irrepressible autoplay videos, etc.

The unavoidable, usability-destroying advertising is why I cancelled almost immediately.

[0] https://www.providencejournal.com/

Re: Nearly a third of new subscribers to news publications cancel in the first 24hrs

#37
post #6

This is just lack of auto renew protections. Consumers are wise to this, and they’re not really canceling. I bet if you could turn off auto-renew they wouldn’t cancel. But, to nobody’s surprise, the MBAs don’t like options where the user doesn’t give away money by accident. Auto renew is one of those things that should be illegal to default users into.

The harder a service is to cancel, the more unlikely I am to ever re-subscribe.

That's something they need to start studying in business/MBA school. That SOME customer churn reduction strategies directly lead to indefinite loss of customers.

To give a specific anecdote: Ooma offers a very interesting service, hassle-free "landline" (VoIP) turn-key phone service, the price is reasonable, and they have multiple offerings to suite many needs. I wanted to use them for a specific project, but cancelling was so toxic (call to cancel, waste my time to cancel, argue to cancel, etc) that after cancelling once instead of re-subing next time like I had PLANNED I went to a competitor. See also: https://www.reddit.com/r/ooma/comments/7he9zh/my_two_attempt...

So they lost a customer for life. Verizon lost a customer for life. SiriusXM lost a customer for life. All because cancellation was a PITA. Why do MBAs keep pushing this? Are they TRYING to exchange short term retention for long term viability? Why is business education so bad?

I feel like Costco, LEGO, or Ikea need to open a business school or something, just to teach a generation of people who want a business to survive a hundred years and go from one success to another. MBA education in the US feels like a "pump and dump" scheme right now.

Re: Nearly a third of new subscribers to news publications cancel in the first 24hrs

#38

Earlier quoted context omitted.

I'm currently subscribed to something for a year because of auto renew. The subscription is something useful but was going to use a competitor but once I'd paid it they made it so painful to back out I let it go, turned off auto renew properly, and will never use them again once this one lapses.

How do things play out if you call your credit card company and say, "Please don't allow any more charges from this vendor. I'm trying to cancel but they're making it hard."?

I canceled a credit card over a un-cancellable MS Office subscription. MS, all of a sudden, came back to me. After two months or so, they forgot about it and it had no impact on the other subscriptions I had at the time.

Re: Nearly a third of new subscribers to news publications cancel in the first 24hrs

#39

Earlier quoted context omitted.

I'm currently subscribed to something for a year because of auto renew. The subscription is something useful but was going to use a competitor but once I'd paid it they made it so painful to back out I let it go, turned off auto renew properly, and will never use them again once this one lapses.

How do things play out if you call your credit card company and say, "Please don't allow any more charges from this vendor. I'm trying to cancel but they're making it hard."?

I have used my credit card company to do this, but like I say, it wasn't that I was particularly unhappy with their service, just wanted to use a competitor (grass looked greener). Ironically, the auto renew was the first real problem I'd had.

Re: Nearly a third of new subscribers to news publications cancel in the first 24hrs

#40
post #21
post #6

This is just lack of auto renew protections. Consumers are wise to this, and they’re not really canceling. I bet if you could turn off auto-renew they wouldn’t cancel. But, to nobody’s surprise, the MBAs don’t like options where the user doesn’t give away money by accident. Auto renew is one of those things that should be illegal to default users into.

I'm seeing more companies terminate accounts immediately upon cancellation, especially for free trials. This makes people back out of cancellation while it's on their mind, and then they forget to cancel before the deadline. It's a dark pattern I really wish the industry would stop pushing.

The law should take care of dark patterns like this.
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