- Thread starter
- #81
Zeb B
Well-known member
Dog with a bone here . . .
So I get that Hardware is more lumpy in upgrade costs with spikes now and then. I own a condo (large piece of hardware) in Portland that has HOA fees of $600/m. That takes care of the basic needs of the building and a little bit goes into a rainy day "Reserve Account" to cover extraordinary expenses. However, if the elevator breaks and needs $100K in repairs then management might have to issue a Special Assessment to all the owners since that was not in the budget.
Soooooo . . . .
RED offers a monthly subscription plan, as I described so eloquently above early in the thread, and when a major upgrade comes about they can do the maths to figure out what the Special Assessment is for each of the different body types and subscription level. RED can figure out what a good base monthly rate is today by looking at their 5 year plan and guesstimating costs by projecting out expense trends.
So it's not either The Pig in the Python or Subscription only. It's a both via a hybrid
I think the Membership Has Benefits - Loyalty Points - CC concept is proven and worth kicking around between the creative marketing folks @RED.
We have been accused as being Cult Members by those unenlightened heathens using devil tools like Arri . . . give us a program that allows us to demonstrate our deep faith and loyalty to the RED . . . and allows a more even cash flow for us all ;-)
So I get that Hardware is more lumpy in upgrade costs with spikes now and then. I own a condo (large piece of hardware) in Portland that has HOA fees of $600/m. That takes care of the basic needs of the building and a little bit goes into a rainy day "Reserve Account" to cover extraordinary expenses. However, if the elevator breaks and needs $100K in repairs then management might have to issue a Special Assessment to all the owners since that was not in the budget.
Soooooo . . . .
RED offers a monthly subscription plan, as I described so eloquently above early in the thread, and when a major upgrade comes about they can do the maths to figure out what the Special Assessment is for each of the different body types and subscription level. RED can figure out what a good base monthly rate is today by looking at their 5 year plan and guesstimating costs by projecting out expense trends.
So it's not either The Pig in the Python or Subscription only. It's a both via a hybrid
I think the Membership Has Benefits - Loyalty Points - CC concept is proven and worth kicking around between the creative marketing folks @RED.
We have been accused as being Cult Members by those unenlightened heathens using devil tools like Arri . . . give us a program that allows us to demonstrate our deep faith and loyalty to the RED . . . and allows a more even cash flow for us all ;-)