Would you say it is best to offer all types of payment terms (Monthly, Quarterly, Semianually, Annually, Biannually)? Or if you only offer a couple does it matter?

Recurring revenue is huge. Either way you look at it, whatever payment term you set up is recurring revenue and it all boils down to how long you want to go in between payments.

For smaller hosts, I would personally prefer 20 small payments monthly than 20 large payments 20 times a year, especially if you are relying on those payments to pay the bills.

In the end I think it all boils down to personal preference. If you are a larger host then I dont think it makes that much of a differance.

When it comes to hosting, I always do my best to keep the clients happy with paying monthly. In the end you make more money.

With our VOIP business that has high turnover, we do the opposite. We make our yearly plan look like the best deal and do our best to snag them for 12 months.

I've never tried the Bi-annually option...

If you intention is to get more clients I would think the more you offer the more people you will attract. If someone doesn't have much extra money and they only want to pay monthly then they will easily go find a new host if you only accept annual payments.

I don't think you should offer them all. It will confuse some people. I would just opt for monthly and yearly payment options.

I don't think you should offer them all. It will confuse some people. I would just opt for monthly and yearly payment options.

Not really sure I agree with this.

1, 3, 6 and 12 month payment terms. I fail to see what's so confusing about that.

Without 3 and 6 month terms it scares me to think about the amount of business we could have missed out on...

That 2 year term is the one I'm still trying to understand. Would a company spend that money immediately or bank it!? Seems like a quick way for a company to keep large sums flowing in...

Most people would choose Monthly payment after they signed up on your site.
When they realized your server works perfectly,they will come to find you to change the billing cycle to save money.

we offer monthly and yearly with a discount for yearly option. We have no preference on which term people use, but for a client perspective it may be best to pay monthly to start with

Definitely good to offer Monthly and then Yearly with a discount. Everything else is definitely good to offer, but those two are the most popular

I think an important factor is your cancellation/refund policy...

As long as you have a reasonable cancellation/refund policy for time not used then offering more choices is good.

I agree that 3 & 6 month plans can be critical to landing some customers. I've found an odd correlation to customers that want those payment cycles and that pay via Amex - must have to do with how they pull the reports and do their taxes.

I think most clients like month to month as long as they are aware of the cancellation policy. Also, providing discounts for clients that pay for longer periods of time will be helpful in attracting clients as well.

I'm seeing the majority of prospects selecting monthly plans, and some annual plans. Whereas it used to be common to sign 3 year or even 5 year terms, that isn't happening in today's market.

Not really sure I agree with this.

1, 3, 6 and 12 month payment terms. I fail to see what's so confusing about that.

Without 3 and 6 month terms it scares me to think about the amount of business we could have missed out on...

That 2 year term is the one I'm still trying to understand. Would a company spend that money immediately or bank it!? Seems like a quick way for a company to keep large sums flowing in...

Perhaps not to an experienced user. But if you get a complete novice they could be confused. Say you have 4 plans each with 4 payment terms, that's 16 choices. I am a believer in keeping things simple and just having monthly and yearly.

Of course if someone asked to pay 3monthly and 6monthly, I wouldn't turn them away. Since I took 3 and 6 off my pricing business has defiantly increased!

We sell locally and offer only yearly plans for shared hosting. Actually in China most hosts only offer yearly plans.