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View Poll Results: Would you opt for a Lifetime Membership if it were available?
Yes 23 28.05%
No 29 35.37%
Maybe (more info needed or depending on price) 30 36.59%
Voters: 82. You may not vote on this poll

 
 
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Old 01-10-2013   #1
Fully Vetted
 
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Join Date: Sep 2012
Location: Rockwall, Tx
Posts: 1,510
Default Lifetime Membership discussion

I am starting this thread in order to see what everyone's thoughts are on the possibility of a Lifetime Membership option to the Registry. Feel free to voice your thoughts as well as your concerns but please, let's keep this positive and constructive.

Here are my thoughts:


I definitely think it's a way to show your undying support for The Club, however, there are some things that need to be taken into consideration.


For instance:
  • I think one qualifier is that you should have to own a ZR-1. Obviously, this may ruffle some feathers since I know there are some great contributors to this site that are not CURRENT owners so maybe there needs to be some consideration there. Maybe a certain number of Honorary Lifetime memberships given out by the Board.
  • When it comes to pricing it would need to be high enough for it to be a special fraternity but not so high that it becomes more of a status symbol.
One thing for the Board to keep in consideration is if the price is too low and too many people opt for the LM it would/could have an adverse effect on the annual revenue from membership renewal. That effect may not be felt for a couple of years but you will lose forever the annual membership dues of each LM. Once the initial swell of revenue is gone, that's it. It would put added pressure (probably needed) on the Board to promote new membership on an annual renewal basis. If the price is high enough it may not be felt for 8-10 years. Either way, without adding new members at some point it will be felt. The reason I say 8-10 years is because I think the cost should be at least 10 years worth of annual renewals up front. At the current rate that would be $350. And to be honest, I don't see anything wrong with it being in the $400 range.

As far as benefits to becoming a LM probably some kind of reduced registration rate for events (reserved parking?)and maybe some token of recognition (a sticker and maybe a special available avatar) would be appropriate.

These are just a couple of thoughts I had after reading a previous post about the possibility of a LM.

As the great Harry Carey would say:

"What are your thoughts?"
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Last edited by Fully Vetted; 01-10-2013 at 06:30 PM. Reason: Spelling
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