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HuskerMac

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Can anyone explain to me why Flo does their pricing the way the do? Or why they advertise the way they do?

12.50/ MO

150 Annually

But if you actually wanna pay monthly its 29.99 a month?

 

Seems kinda weird. And Overpriced honestly. I dont see why someone hasnt came in an undercut them...

 

 

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**** That is an easy one.  First, they want guaranteed revenue of a yearly commitment.  Second, is an unwritten rule in business, that if you are not going to commit to an extended relationship at a reduced rate, then you are going to pay a premium for the flexibility of a shorter commitment. A Basic business principle.

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3 minutes ago, Cary by the Lake said:

**** That is an easy one.  First, they want guaranteed revenue of a yearly commitment.  Second, is an unwritten rule in business, that if you are not going to commit to an extended relationship at a reduced rate, then you are going to pay a premium for the flexibility of a shorter commitment. A Basic business principle.

I biggest problem with it isnt the pricing its the advertisement. They show it as if you have the ability of paying only 12.50 a month. Not that rate for 150 a year only.

No where does it say 29.99 a month.. Thats my biggest problem

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42 minutes ago, Cary by the Lake said:

**** That is an easy one.  First, they want guaranteed revenue of a yearly commitment.  Second, is an unwritten rule in business, that if you are not going to commit to an extended relationship at a reduced rate, then you are going to pay a premium for the flexibility of a shorter commitment. A Basic business principle.

Third, they know the product has holes (e.g., flaky streaming, amateurish social media, offputting personalities, bad customer service, some might say overt bias/homerism -- although I myself don't care about this one) and they worry customers will become so fed-up as to stop paying from month to month.

Edited by jon

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29 minutes ago, Cary by the Lake said:

A Basic business principle.

Flo pricing scheme inferior/unfavorable compared to, like, all other streaming products'. Flo pricing the exception not the norm. But because """"UNPRECEDENTED COVERAGE AND ACCESS!!!!"""" diehard fans don't even bat an eye.

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all the people on here that love to question and complain about Flo, it's actually funny......no one is forcing you to get it, it's like any other choice you make.......cable tv, dish, hulu, netflix, join a gym, join a country club, go bowling, don't go bowling, go out to eat don't go out to eat, buy the new Call of Duty, or don't........your choice, if you like it and you want to do it then decide if you really want to and can afford to pay the price, if not move on.........but to constantly nitpick them, seems like a waste of energy....... but I guess all people get off on different things

 

It's their product, they could literally charge $1,000 a month if they wanted (some might even still pay it lol).......we aren't socialist (yet).........supply and demand.........they obviously feel they can be successful at the price point they are at......

Edited by Spladle88

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1 minute ago, Spladle88 said:

all the people on here that love to question and complain about Flo, it's actually funny......no one is forcing you to get it, it's like any other choice you make.......cable tv, dish, hulu, netflix, join a gym, join a country club, go bowling, don't go bowling, go out to eat don't go out to eat........your choice, if you like it and you want to do it then decide if you really want to pay the price, if not move on.........but to constantly nitpick them, seems like a waste of energy....... but I guess all people get off on different things

 Well like I said before I dont have a problem with the price if that is what they want to charge go ahead. 

Its the bait and switch tactic that i find fishy. Why not just be more open about the pricing rather than showing it cheaper than what it actually is. 

 

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semantics and nit picking........it's their product........nothing fishy about it, unless you want to see it that way.......which is obviously your choice, but to get excited enough to fire up a topic every other day about it? Seems more like the usual boring Flo bashing, then a legitimate beef.........

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16 minutes ago, Spladle88 said:

all the people on here that love to question and complain about Flo, it's actually funny......no one is forcing you to get it, it's like any other choice you make.......cable tv, dish, hulu, netflix, join a gym, join a country club, go bowling, don't go bowling, go out to eat don't go out to eat, buy the new Call of Duty, or don't........your choice, if you like it and you want to do it then decide if you really want to and can afford to pay the price, if not move on.........but to constantly nitpick them, seems like a waste of energy....... but I guess all people get off on different things

 

It's their product, they could literally charge $1,000 a month if they wanted (some might even still pay it lol).......we aren't socialist (yet).........supply and demand.........they obviously feel they can be successful at the price point they are at......

Of course one free to make one's own decisions. Newsflash: Some critique comes from a wrestling-centric perspective not from a self-centered perspective. """Successful""" outcomes for Flo may well have bad consequences for some/all wrestling styles. Diehard fans just one class of stakeholders, just one portion of the fanbase.

Edited by jon

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1 hour ago, Cary by the Lake said:

**** That is an easy one.  First, they want guaranteed revenue of a yearly commitment.  Second, is an unwritten rule in business, that if you are not going to commit to an extended relationship at a reduced rate, then you are going to pay a premium for the flexibility of a shorter commitment. A Basic business principle.

Correct .  Flo is a shining example of basic business principles.

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1 hour ago, Cary by the Lake said:

**** That is an easy one.  First, they want guaranteed revenue of a yearly commitment.  Second, is an unwritten rule in business, that if you are not going to commit to an extended relationship at a reduced rate, then you are going to pay a premium for the flexibility of a shorter commitment. A Basic business principle.

Actually, you are only partially correct. Netflix and Hulu both offer monthly subscriptions at the yearly rate-they are not violating any business rules.  What makes flo different?  The reason is that it's likely that they sell many of their new subscriptions prior to a couple main events (world team trials and some NCAA duals).  If they allowed month to month subscriptions at the yearly rate, people would just sign up and then cancel.  The content on Netflix and Hulu is equally good for basically the entire year, so this is not an issue for them.  

Edited by Billyhoyle

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Some better comparators: ESPN+, UFC Fight Pass, WWE Network.

My opinion: Flo's got enough content, both old stuff and newly created stuff, to support month-to-month pricing scheme. In a different thread, @russelscout said the big draw is coverage (on-the-mat action) but it seems to me secondary content from events (e.g., interviews), periodic content (e.g., rankings), Flo-original films and events, and technique library each stands out as a big draw too.

Edited by jon

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I'm unsure how it is now but when I signed up, I noticed one COULD purchase month-to-month for FloGrappling, FloTrack, FloGymnastics, etc. The ONLY one that a customer had to purchase for the year was FloWrestling.

But, as many have stated, I do not mind. I plan to watch NUMEROUS dual meets from across the nation over the next 5 weeks. Comparatively speaking, $150/year ($12.50/mon) is a drop in the bucket.

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36 minutes ago, Spladle88 said:

semantics and nit picking........it's their product........nothing fishy about it, unless you want to see it that way.......which is obviously your choice, but to get excited enough to fire up a topic every other day about it? Seems more like the usual boring Flo bashing, then a legitimate beef.........

I think the fact that they don't even show the monthly option for wrestling, yet do for other sports, can be considered a bit "fishy."

Honestly, I think the most "fishy" thing is that underneath the price they write "cancel anytime."  But fail to say that you won't get the $120 or whatever back unless you fight and claw for it.

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Yeah this not a coincidence lol. In a jiffy Flo could update its website but it doesn't do so -- because Flo is not above being fishy. This is why dismissive responses on this forum (e.g., "nothing fishy", "just another lame Flo critique") sound silly. """Lame""" critique goes away if only Flo would improve. But why bother when some diehards don't even bat an eye?

Legit question: Why does Flo not update its website so as to be not fishy? Customers call out fishy things and yet no change. Ridiculous.

Edited by jon

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47 minutes ago, Billyhoyle said:

Actually, you are only partially correct. Netflix and Hulu both offer monthly subscriptions at the yearly rate-they are not violating any business rules.  What makes flo different?  The reason is that it's likely that they sell many of their new subscriptions prior to a couple main events (world team trials and some NCAA duals).  If they allowed month to month subscriptions at the yearly rate, people would just sign up and then cancel.  The content on Netflix and Hulu is equally good for basically the entire year, so this is not an issue for them.  

Flo is giving you a huge discount on their monthly price if you get a yearly subscription.  What's not to like about that?

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2 hours ago, HuskerMac said:

I biggest problem with it isnt the pricing its the advertisement. They show it as if you have the ability of paying only 12.50 a month. Not that rate for 150 a year only.

No where does it say 29.99 a month.. Thats my biggest problem

Many subscription services advertise this way. Many cable/internet companies will guarantee a rate if you sign a year or two long contract, which is the same thing.

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1 minute ago, BobDole said:

Many subscription services advertise this way. Many cable/internet companies will guarantee a rate if you sign a year or two long contract, which is the same thing.

Some better comparators: ESPN+, UFC Fight Pass, WWE Network.

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2 hours ago, HuskerMac said:

Can anyone explain to me why Flo does their pricing the way the do? Or why they advertise the way they do?

12.50/ MO

150 Annually

But if you actually wanna pay monthly its 29.99 a month?

 

Seems kinda weird. And Overpriced honestly. I dont see why someone hasnt came in an undercut them...

 

 

Buy in bulk and the cost per unit is typically less.  Simple economics.

And I'm pretty sure (unless they recently changed) the only subscription available is an annual. 

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31 minutes ago, klehner said:

Flo is giving you a huge discount on their monthly price if you get a yearly subscription.  What's not to like about that?

I don’t have a problem with it. I was just pointing out that flo has to use that business model bc they have a few marquee events. Not all subscription services do. 

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I would pay more to get rid of the obnoxious ads. Way too many. I watch more Rocket Mortgage ads than I do wrestling. The amount of ads a loyal subscriber like me (from year 1 to now, without fail) is subjected to is brutal. I would literally pay double my subscription to not watch any ads.

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13 minutes ago, Gasman1 said:

Buy in bulk and the cost per unit is typically less.  Simple economics.

And I'm pretty sure (unless they recently changed) the only subscription available is an annual. 

They don't advertise it, as far as I can tell, but they told me that they will do a monthly at 29.99. First, you have to sign up and pay $150, then you request a monthtly, at which time they will refund your $150 minus 29.99... and charge 29.99/mo from there on out until you cancel.

So, if you just want flo for the college wrestling season, as I do ... you might as well just do the annual subscibe.

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