Lifetime deals (LTDs) give you permanent access to a SaaS product for a single payment. Whether one is worth buying depends on the product and the company behind it.
The appeal
- one payment instead of a monthly subscription
- "unlimited" access to features
- a price well below what the subscription would cost over a few years
- the feeling of owning the software
The reality
- "Lifetime" means the product's lifetime, not yours. If the company shuts down, and many SaaS companies do, the deal is worthless.
- Future features are often left out. You get the current version, and new features need a paid upgrade.
- Support can get worse. LTD users are often a lower priority than paying subscribers.
- Usage is often capped. Limits on API calls, storage or users aren't always disclosed clearly.
- The business model is fragile. SaaS companies need recurring revenue to survive, and selling LTDs can be a sign of cash-flow problems.
How to judge an LTD on EPICSWP
Check the product's history:
- How long has it been around? Under a year is a high risk.
- Does it have an active user base?
- Is it still being maintained?
Check the terms:
- What exactly is included "for life"?
- Are there usage limits?
- What happens if the product is sold or shut down?
- Is the source code available?
Weigh up the value:
- Compare the price with two or three years of the equivalent subscription.
- Allow for the risk of the product disappearing.
- Add the 6% escrow fee.
Using escrow
If you decide to buy an LTD on EPICSWP:
- Pay through escrow, so the money is held until you confirm.
- Get every promise written in the deal chat, where a moderator can see it if there's a dispute.
- Check the product works as advertised before you confirm receipt.
- Download any source code or backups that come with it.
If the product doesn't match the listing, or the terms differ from what was advertised, open a dispute before you confirm.
The verdict
LTDs can be worth it for established products with a clear track record. For new or struggling products, the risk usually outweighs the saving.