Would you pay $750 USD for a Lifetime Spotify Premium subscription?
I'm trying to assess how people see value in what they spend by comparing perceptions with another media service.
In other news, Plex, the popular home media server program, increased its Lifetime Plex Pass subscription cost from $250 to a earth-shattering, whopping $750 (yes, that's $750.00 USD), causing a huge uproar in the r/PleX subreddit. You spend it up front and never pay again for their service. (Full disclosure, I purchased a Lifetime Plex Pass for $75 8 years ago.)
While admittedly, that's crazy, if you look at the math, it works out to a cost that's equivalent to just under 5 years of a Spotify Premium subscription at the current rate.
So, my question is this...
Looking purely at value, would YOU, a Spotify Premium subscriber, spend $750 USD to purchase a Lifetime subscription to Spotify Premium? Or stated another way, would you pay for the equivalent of 5 years of Spotify Premium to lock in a lifetime subscription?
Obviously, this kind of industry is plagued by constant rapid change, and thinking about a service 5 years out may seem insane. But is this something anyone would do?