Curious if anyone has had success with subscription payment plans that go beyond a short timeframe (ie before tickets are printed and mailed to subscribers) but rather allow purchasers to spread the payments over the whole season? Aside from the accounting implications, I'm curious about managing expirations, delinquency, and the timing of printing tickets.
We currently allow subscribers to pay in 3 installments, but require them to be all paid off before printing their tickets. We'd really like to make it more of a true monthly payment plan, like Netflix, but with the ability to hold folks accountable for the full amount (more like buying a sofa with a payment plan). Very curious to talk to anyone who has ventured into this realm.
Thanks in advance for any insights!
We allow patrons to pay off their subscriptions in 4 installments. We only mail 1/2 of their tickets to them, and then the other 1/2 after they are paid in full. This works well for us, because if someone is delinquent in payment we remind them that they will not receive the remainder of their tickets until they are paid in full. With only 4 payments, we do get most of the orders paid off about mid-season. This isn't a Netflix model, but maybe helpful?