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It's been my experience over the years that these convert to full memberships at about 1 in 8. Your numbers, even since the drop, are substantially better than mine.
I always ask myself how many of those trial joins would have joined for a full month, had there not been a trial option available? No way to know, but if the percentage exceeds the percentage difference between the trial price and full price then you're losing money on the trial option.
Personally, I think trial joins on revshare memberships is a waste of traffic.
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