Don’t renew your subscription to TIME magazine
4 Aug
I'm a big fan of Time magazine. It's just right for me... well written, well illustrated weekly news and reviews. I've been a happy subscriber for several years. Each time I get round to a few months before the end of my subscription period the letters start coming. At first they are upbeat! No need to do anything... I'm locked into great rates as a regular subscriber and resubscription will take place automatically as I'm part of the Preferred Subscriber Automatic Renewal Program.
I cancelled this immediately.
Why? Because it's a pile of rubbish. The best deals are offered only to new subscribers. I know this because I called their subscription centre last time I was due to renew and asked why the new deals on offer on the website were better than those offered to resubscribers. I expected them to immediately offer me the same deal too. Except they wouldn't. If I wanted that deal I would have to wait for my current one to end then resubscribe.
In the meantime the letters keep coming. Free Gifts... Different types of paper - yellow for urgent: titled: Tele-Dispatch as if it's some kind of telegram. And finally, once the magazines have stopped coming... A 'Renewal Voucher' offering me a discount as a former subscriber... but 'You Must Act At Once' it reads. This also said that by taking up this offer I would 'get Time delivered FOR LESS (their emphasis) than many new subscribers pay'.
Rubbish. They were still offering me exactly the same deal... every single letter, and I reckon there were at least five of them, offered me a best rate of £0.64 an issue.
Sign up afresh as a new subscriber and you get 81 issues for £34.99 (in fact at one point the website said £29.99 and I don't know which deal I actually got!) But 81 issues at £34.99 is £0.43 an issue about 30% cheaper.
These days we're rewarded for our disloyalty. Shame eh? What is particularly weird is the confirmation email from Time says 'thank you for continuing your subscription'. So clearly they know this kind of thing happens and can track it too. Would love to hear what someone from Time has to say about all this...
(By the way, if anyone from Time is reading this I don't want the free piece-of-junk watch that only works for 6 months and looks as cheap as it is.)

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