I'm torn between this. On the one hand, it's less friction for the user to sign up... but then you wind up bugging the user later on. I feel like it's better to just get all of the "administrative non-sense" out of the way at the start. Also, if they're willing to give you their credit card (even if you aren't charging it right away), I suspect the data would show that they're more willing to pay for it later. I've got no data to back that statement though. Does anyone have any experience with this to share?
Getting a credit card later is proof that you have made an invaluable tool that people just didn't forget to cancel, and should make it easier for you to adjust your service until you hit the sweetspot and become a must have.
I understand credit cards are not great vetting but it's better than nothing in these situations. I wish there were a way around this (which is mostly why I'm posting this comment, perhaps someone can relieve me of any ignorance).
"Fax me a copy of your license" is out of the question ... the only thing I've come up with is to have a pretty crippled free demo that at least gets you a chance to see half of it in action.
Let the data determine the best course of action.
Thanks again for your feedback. It's always nice to hear that someone "gets" what you're trying to do :)
* Why do you start at 3 brands? I'm guessing that there are enough users that would like to monitor a single brand maybe for $12-$14/mo?
* The plan pricing isn't good. The Big Shot plan costs $100 for 10 brands/users while the Blogger plan costs $19 for 3 brands/users. Why shouldn't I just get 4 Blogger plans? Clearly the convenience of not having to deal with multiple accounts and who can access what where, but it just doesn't look like you're getting the value you should be getting. As 37s said about their pricing "Each tier is roughly double the previous tier, but we deliver more than double the benefits." (http://www.37signals.com/svn/posts/1287-ask-37signals-how-di...).
Overall, it looks like a great way for companies to track their brands online and see how things are going. I'd say you could easily create a sustainable business model out of that.