Going Yearly Is About Making Money NOT Saving Money
It seems that most people go with WA's yearly membership instead of paying monthly so that they can save money.
I was one of these people--and was lucky enough to get in on the yearly Black Friday sale back in November of 2015--so now I only pay $300 a year instead of $49/mo--which is about a 50% discount overall.
That's great and all.
And that's what I was focused on when I went yearly--saving money.
But I Think The Biggest Benefit Is Making Money--By Far
Who knows if I would have ever "made it" if I stayed a monthly member.
I might have paid for a couple of months and then quit--after not making any money.
Going yearly forced me to stay with it for the long-term. I paid for an entire year and I wasn't about to just let all that money go to waste.
Roope wrote a post recently about how "If You Don't Pay, You Don't Pay Attention"--which was about how people will sign up for a bunch of freebies to make money online and then never even put any time/effort into them--what I'm talking about goes along the same lines.
We all do it or did it at one point or another.
It's just human nature.
If something is free then we have no risk walking away. If you pay $49 for a month of Premium, that is still a good chunk of money, but many people walk away after the first month or 2 after not making money.
BUT... when you pay $359 for a year of Premium membership (normal yearly price) you basically pay your way into commitment for the long-term. You just paid a lot of money and have a whole year to make it work.
Got a Problem With Dedication?
If you have the money and really want to be successful with this online business--then go yearly.
It's no different from something like getting a gym membership. Most gyms that I know of (in the US) require you to sign a contract for at least 1 month. The reason for this is because if they didn't, they know that many people would quit after going to the gym for a week and not seeing good results.
It takes time. That is all there is to it.
Building your own online business takes time too.
When you don't make any money with your first month as a paying Premium member, that sucks but that's just the way it is.
Yearly = Better Chances of Success
I wish there were some statistics on this, comparing success rates of monthly paying members vs yearly members, but there aren't.
That said, I can imagine that yearly paying members would have much higher success rates, and much lower quitting rates to go along with that.
Like I said earlier, I don't know if I would have made it to where I am today without going yearly--and to be honest I don't think I would have--because it took me around 3 months to make my first penny online and it took a while longer to start making good income.
So ya, I would have likely given up if I were paying monthly. I would have thought to myself--"well, I just paid for 2 months and haven't made any money. Better cut my losses and quit".
Anyways... That's just my take on things. It's another way to look at it. Sure, paying on a yearly basis saves you a lot of money, but in the end that is the smaller benefit. Making money is the real benefit and what we all come here for in the first place.
What do you think?