Re: [Coworking] Re: Decline in customers during the Holidays?

2012-12-20 Thread Mojo
Alex - 6 month members pay monthly (first of the month) just like everyone else. We did have one member who for accounting reasons paid all up front (which was nice). Some others pay 3 months at a time, but most just pay monthly. We encourage the 6 month memberships by offering a slightly

Re: [Coworking] Re: Decline in customers during the Holidays?

2012-12-20 Thread Alex Hillman
Totally makes sense. Another thing along that line to help ease weak points in cash-flow through slow periods is to offer multi-month presales of membership (like you already do, we do it in 3-6-12 month increments). For every 6 months that people pre-pay, we give them an additional month for

[Coworking] Re: Decline in customers during the Holidays?

2012-12-19 Thread Jeannine
Hi, Marie, We have developed the tag Rural Coworking for anybody located outside large cities, and it is a slightly different model than in the larger cities. My space is one as well. I have noted a slowdown during the holiday season and then a really large pickup right after new year,

[Coworking] Re: Decline in customers during the Holidays?

2012-12-19 Thread julianne
Hey there Marie, From the Deskwanted perspective, I can tell you that December is the worst month for us too. We have significantly less people looking for workspaces in December, but...January is the best month for it! As Jeannine says, that New Year's resolution hing kicks in and people are

[Coworking] Re: Decline in customers during the Holidays?

2012-12-19 Thread Mojo
Hello Marie, we have a coworking space in Asheville, North Carolina. Population 75,000-ish. We are located downtown which I think helps but also notice a slowdown in December. The way we try to counter this is by having as many 6 month members as possible. We run the cycles starting in

Re: [Coworking] Re: Decline in customers during the Holidays?

2012-12-19 Thread Alex Hillman
I can concur with Craig - this has been a pretty predictable pattern for us and the best thing we've done is to get a few months ahead of it. The good news is that it's generally followed by a spike of new activity in January. Kinda like New Years resolutions for the gym, but for coworking :)

Re: [Coworking] Re: Decline in customers during the Holidays?

2012-12-19 Thread John Wilker
Yeah Uncubed has slowed down this month too. We did have two new members join earlier in the month, but over all most everyone is coming in less and less. John Wilker Founder, 360|Conferences | Partner, Uncubed (720) 381-2370 twitter: jwilker (http://twitter.com/jwilker) johnwilker.com

[Coworking] Re: Decline in customers during the Holidays?

2012-12-19 Thread Marie
WOW! All these responses are great! So glad we have a group like this. Thank you. I am glad we are running new promos then in Jan considering the general trends. On Tuesday, December 18, 2012 3:32:17 PM UTC-8, Marie wrote: Just wondering if anyone is experiencing a decline in the amount of