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How I Adjust My Business and Prices for Inflation (and Communicate Those Changes With Customers)

Buffer Resources

We dealt with it a couple of years ago when our packaging manufacturer shut down, and the rest of the industry prices had gone up nearly 200 percent. So, I looked for other areas where I could reasonably adjust prices to make up the difference. We also realized that a lot of our events were under-priced. Here’s how.

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Pricing Erosion: Definition, Causes, and How to Avoid It

TrackStreet

In a competitive industry for a specific type of product or service, businesses often engage in pricing wars that lead to a steady decrease in the value of goods. This devaluation is called Pricing Erosion. Now you’re wondering: Is there more to the definition of Pricing Erosion? What is Pricing Erosion?

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Pricing and Packaging Your B2B or Prosumer Generative AI Feature

Andreessen Horowitz

We’re in the very early days of genAI and until adoption curves and costs stabilize, there won’t be any tried-and-true pricing or packaging frameworks. If you have a larger number, you can survey them about what potential new features are most important to them, then tie that information back to their company industry or function.

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SaaS Price Increase: How to Raise Prices Without Upsetting Customers

Baremetrics

For most, the easiest ways to increase customer acquisition rates are to offer a freemium model or price your product on the lower end of the spectrum. However, to keep your business afloat, you’ll need to effect a SaaS price increase. Ensures You Attract the Right Customers When Should You Increase Your Pricing?

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What is WalkMe? Features, Pricing, and Alternatives

User Pilot

WalkMe offers custom pricing plans based on predicted usage. If you want to see how Userpilot can support your product onboarding and in-app communication, book the demo! Collect and analyze data on product usage to make informed decisions. In this way, you ensure that users see essential information.

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The Importance of Having Live Chat Information in Your CRM

Teamgate

Enhance Customer Experiences and Increase Revenue by Storing Live Chat Information in Your CRM. Today we’re going to delve into how including live chat information in your CRM supports these goals of a data-driven future. The Importance of Having Live Chat Information in Your CRM. Let’s take a look.

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What is a Cost-Plus Pricing Method? Pros, Cons & When to Use It

User Pilot

Working out pricing for a SaaS can be difficult, so consider using a cost-plus pricing method. TL;DR Cost-plus pricing, or markup pricing, is where you add a set to a product’s unit cost, often overlooking competitive market prices. Justifying price increases is easier when adopting a cost plus strategy.

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