Monthly Retainers vs. Hourly - The New Way to Pay for Podcast Editing
Description
Episode 80 - Monthly Retainers vs. Hourly - The New Way to Pay for Podcast Editing
Implementing roll over credits for podcast editing and support services (instead of having credits expire monthly) enhances flexibility, but setting smart limits and policies is crucial for sustainability and client experience.
Maximum Carryover Cap:
Set an upper limit to prevent long-term stockpiling (e.g., allow unused credits to roll over, but only up to 2x the monthly credit quota—if a client gets 60 credits/month, they can hold a max of 120).
Expiration Timeline:
Allow credits to roll over for a set period (such as 3–12 months) before they expire, encouraging regular use while still providing flexibility.
Active Subscription Requirement:
Credits can roll over as long as the client maintains an active subscription—cancelling the plan could void banked credits.
Unused Credits Policy:
Specify what happens to unused credits after a set cap or expiration date (e.g., forfeited, partially refunded, or donated to a community pool for non-profits).
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