Monthly or yearly?

If I'm starting out, I prefer to pay monthly until I can determine the reliability of the service. If satisfied then changing to a yearly payment plan might be more attractive due to savings.
 
I am no longer comfortable paying annually for any service, be it web hosting, cable TV or wireless services (not that the last two offer annual, but I meant that contractual obligation...). Signing up for a year with a hosting company feels like signing a contract with a wireless carrier. It has also been rather difficult to get your money back if the service goes sour and you want to leave, so my recommendation, and personal preference have always been to go for month-to-month billing.

That is unless you get lucky with the provider and you have been with them for an extended enough time to trust their level of support will remain strong.
 
If you have a trusted Host, why just don't save some money by ordering a yearly. However - it must be T R U S T E D. Also this good to get a yearly when its a money back guarantee for some period.
 
I'm with Artashes and Steve on this - for the most part, I prefer the monthly payments (if I was paying for shared hosting)

We have a few services that we offer our clients in which we know we will continue to offer the services, so locking into a 3 year plan with OUR provider has offered significant discounts.. Sometimes reducing as much as $40,000/year in savings.

So, it depends on what the product is, who it's from, and what the longevity and lifespan of the product will be. Domain names, I don't see a reason to go on a yearly payment - lock it in for 5 or 10 years (if you know you're going to be around). Monthly fees for cPanel licenses - lock that sucker in for the year and take the discount. Shared webhosting - it depends on who you're hosting with I guess. We see many people jump at the extended years for the extra savings and additional bonuses.

Much like I don't like having a car payment each month and rather pay off in 6 month chunks, or pay the whole thing off to start with, I do the same with most of the services/products I purchase in the hosting world too. Sometimes buying those large servers upfront can save you money, other times slapping it on the credit card is a more feasable approach.
 
Generally speaking, I would prefer monthly. But if the sum is not too big (meaning I could afford to lose it), I will go yearly. It is unlikely I would prepay for much longer than that though.

I suppose there could be a situation where I really want to use a certain service that doesn't offer a monthly option -- I might be willing to assume a higher than normal risk then.
 
I pay yearly to avoid billing circling every month and I can actually save a lot for yearly sign up. Of course, all I'm talking about is for shared hosting :)
 
With things coming and going so quickly, particularly projects, I prefer to pay monthly, especially with service providers (phone, hosting, cable) I like monthly payments since you never know in most cases (unless you get a free trial) how rock solid the service will be.
 
I agree with the majority, monthly payments are preferred. I just don't like to be locked into a contract like you are with your cell phone.
 
Okay I look at it this way, I like to pay monthly on vps, dedicated or things that are higher dollar values. When it comes to things like shared, reseller hosting if i can get a good deal, for 1 year where i know that if things start to go down that i can find another host really quick for a cheap price then i guess to me it's a loss vs loss issue which is the greater loss the extra dollar a month i have to pay.

My look is this way

Provider A: $12.00 a year
Provider B: $3.00 a month

Provider A is great for 3 months than starts having long periods of downtime.

for 3 months of service i have paid $12.00

Provider B: 100% uptime no issues.

in 3 months at plan b i have paid $9.00


The total difference between them is a wash really of 3 dollars.

But if provider A: ends up being pretty solid i have saved $24 dollars with is a savings of 200%
 
Services play a big part whether you would choose a monthly subscription or yearly. Most hosting providers offer a discount for yearly packages also.

IMO: I would suggest finding a reliable hosting provider, try their services for a few months and if you feel comfortable with what they offer, invest in a yearly subscription due to being eligible for the yearly discount, locked in prices, stability (not having to miss monthly payments) and so forth.
 
Personally prefer monthly. Regardless of the reliability of the host I like the flexibility of paying monthly. Situations change and like the option of moving between packages and providers.
 
Always preferred monthly myself, as stated above, situations change and I don't know where I'll be in 12 months myself let alone the business I'm paying.

Depends on whether ot not you assess the purchase as an asset, if it's worth it and adds value to your business such as an owned billing license like WHMCS, go for it. Things go wrong, you can always sell it and move on.

Hosting contracts, they're a bit different so I advise anyone purchasing an annual package to take a look at the fine print, if things do go wrong, you can see yourself having only paid for something a month ago with 11 months remaining and it's already gone.
 
I prefer monthly, although I could save money in paying yearly,but i don't recommend anyone to buy 1 year in advance due to much scam in the last time.Better to go with month-to-month plans.
 
I guess it depends on what you are getting for your money.

Yearly seems quite common with web hosting itself. and then monthly for everything else.
 
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