Memberships

Choosing Between Annual and Monthly Renewals

Choosing Between Annual and Monthly Renewals

Starting a membership program is an exciting journey that can lead to a thriving community and a steady revenue stream.

One critical decision you'll need to make is how often your member subscription will renew. With Single, you can choose to renew every month, 3 months, 6 months, or year.

For Fan Clubs, we usually suggest monthly or annual renewals.

   

Annual vs. Monthly Renewals: Which is Right for You?

Renewal frequency should be based on the perks you’re offering. 

Choose annual if your program centers mostly around static perks:

  • Tour pre-sales
  • Product discounts 
  • Fan Forum access
  • Static video library
  • Occasional livestreams

This is most common for established music acts. For example, Nickelback has a Fan Club for $33.00 for the year, which offers more static perks like tour pre-sales and exclusive products.

Other artists using annual programs for a set fee include Lainey Wilson, Rod Stewart, and Dustin Lynch. 

Choose monthly if your program centers mostly around content creation:

  • Monthly Live Streams
  • Early or ad-free access to weekly or monthly videos
  • Recurring written content (newsletter or blog)
  • Frequent live streams 

You see these kinds of memberships most often through platforms like Patreon, YouTube, or Substack. While those are great platforms, the benefit of doing a monthly membership using Shopify is how core e-commerce is to the experience.

You can release recurring content, but always with a partial focus on selling products – directly through a website where you have full control over fan data and your branding. 

   

In Summary

The decision is yours, but we recommend:

  • Annual memberships if you're offering more static perks 
  • Monthly memberships if you're focused on recurring content creation 

 

Keep learning...

How to structure and price your member tiers

    

Feeling Inspired?

Get started on your own:

Install Single in your Shopify store.

 

New to Memberships?

Read our guide for everything you need to get started with Memberships in your Shopify store here.

   

Thinking big?

Want to start your own Fan Club or do a Live Shopping Stream? Our professional services team frequently partners with clients to help brainstorm ideas, build websites and more.

Get in touch and let’s talk!