Quotemonster is a valuable tool used by Advisers throughout the country. We work hard to ensure that we can provide you with the pricing and research needed to provide good advice to your clients.
With the numerous changes that have impacted the industry, we have had to invest and in develop our team and infrastructure to provide the support you need and deserve.
We have kept our pricing structure steady for over two years, but along with the increasing inflationary costs that we all face, we need to inform you that our prices are increasing.
The highlights are:
- The largest increase is 12%. (This is less than the Reserve Banks stated 14% inflation rate over the past two years. By the time this increase has been made we will have seen prices rise by about 17%). We don’t like it any more than you do.
- We are introducing a High User Charge to discourage login-sharing and ensure fairness to our customers. The new charge is intended to discourage the practice of login-sharing, which is damaging to our business model and not fair to the 98% of customers who abide by our terms and conditions. By implementing this charge, we are striving to ensure that everyone gets the same level of service and that all customers are respected.
- The increase will apply to the first invoice after 14 June, for most of our customers it will have been about two and a half years since their last price increase. Something we’re proud of, but costs are rising due to inflation, regulatory requirements, training, and security enhancements.
- There is a special offer so you can lock in a super deal by clicking on the link in the section below
- We are adding some cool new things, and special previews of those are available to people who are happy to help us with looking at beta versions of legacy research, business insurance, and the new SOA documents
Change in price summary
The short version is in the table below, so scan that to check the % price increase applicable to the services you purchase from us.
If you are in a group you will still receive the same percentage discount off the new rates above, so if you usually pay quite a bit less than the standard pricing –that continues.
Login-sharing
If you are an extremely high user of research then we reserve the right to apply a high user charge. If you are one of these users and it is because you are also producing reports for a colleague or member of staff, you may find it more cost-effective to buy a second subscription. It will also be more compliant as clients will receive a report from the financial adviser they are working with, keeping their data private to the people working on their case.
If you contact our staff and tell us that you are not login-sharing, bear in mind:
- We can see what different devices are using the service and we can tell (roughly) where they are in the country.
- We can see you changing the name of the adviser from one person to another. We can see the volumes of quotes and reports done on your login.
- Your FAP records disclose all the names of the advisers and their locations.
It just gets embarrassing all round if you pretend you aren’t login sharing and by several measures it is clear that you are.
No one wants to pay more than they have to, but we will work through the following steps with login sharers:
- Talk with you and ask you to buy additional access – either a full-licence or admin licence depending on your requirements – and give you 30 days to think about that.
- If no change occurs, we then limit your devices from four down to two and send you a message requesting that you stop sharing your login – and give you 30 more days to think about that.
- No change? We switch off the licence. We are happy to switch you back on, which can be done in minutes, when we have worked out a new approach to licensing with you.
If you have been login-sharing and you want to declare it, just tell us! We would be more than happy to restart a relationship with you with no hard feelings. Just try us, and we will work out the best solution to get you restarted.
If you have been login-sharing and you want don’t want to declare it, just subscribe to a plan online.
Super Special offer – SEVEN DAYS ONLY
$999+GST for an individual annual subscription for the next seven days only, this is our best offer yet. In order to take up this offer, follow the steps below:
- Login to your Quotemonster account
- Click on your name in the top right hand corner
- Click compare plans
- Select annual
- Click Buy Now under Researchmonster and enter the promo code DINO999
To get this special price, it must be done by 5pm 16th of May 2023. If you have a friend who needs this offer to get them started with their own subscription, please feel free to pass this email on to them.
We love having you as a client. Be sure to keep an eye out for the upcoming roadshow announcements and the array of new features being released by Crunchy. In the last few months Crunchy has been hard at work in the cave and has brought about a number of improvements to the website, you can find the latest ones here.