Dear SaaStr: Should I Publish My Pricing?

SaaStr

Q: Dear SaaStr: Should I Publish My Pricing? Transparent pricing has many advantages: It makes the sales process simpler. And it places you app in pricing context with other apps. Do pricing right, and a number of customers who aren’t a great fit qualify themselves out.

Great Pricing is Consistent, Transparent, and Fair

SaaSX

Pricing is often thought of as a transactional part of business. Two parties get together and negotiate a price they can both live with. This is why the strategic nature of pricing decisions gets little attention at most companies. How can you tell if your pricing is consistent?

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How to Price your SaaS Product

Predictable Revenue

Ajit is the author of Price To Scale and is a SaaS Product Marketing veteran who has helped firms such as Narvar, Medallia, Helpshift, and Feedzai differentiate their products, grow revenue, and win. The post How to Price your SaaS Product appeared first on Predictable Revenue.

On Your Next Big Deal? Double Your Pricing.

SaaStr

Now … On that deal … go quote twice your highest price ever. And if you have a true solution, that really makes an impact … you’ll probably get the 2x pricing. 200k your new enterprise price point, not $100k. Double Your Pricing.

How to Package and Price Embedded Analytics

HOW TO PACKAGE & PRICE EMBEDDED ANALYTICS. 15 Pricing for Value Organizing Your Tiers. Competitive Pricing. About Logi Analytics and Software Pricing Partners.25 value, priced accordingly. 01 Are you packaging and pricing for the masses.

The Beginner’s Guide to WordPress Pricing

The Daily Egg

The post The Beginner’s Guide to WordPress Pricing appeared first on The Daily Egg. Are you getting ready to launch your own WordPress site, but want to clearly understand the various costs involved in building a website?

First Value, Then Price, Then Product

SaaSX

Given the widespread recognition that value-based pricing drives faster growth and higher returns, why do so few companies apply it? Use the costs to set a price (cost-plus pricing). Hopefully, some customers will buy at that price. Set the wrong price.

The 3 Types of Day 1 Pricing: Low End of Normal. Identical. And Anchor High.

SaaStr

For most of us, as we build up our confidence, the best initial pricing strategy to start is the Low End of Normal. There is no commodity pricing in SaaS. Price at 80% of that, to start. If that looks too low, raise the price a smidge. If you are — maybe price the same.

A SaaS pricing guide: SaaS pricing models, strategies, & examples

ProfitWell

Every SaaS company might be different—but almost every single one makes the same mistake that puts the company in jeopardy: it doesn't understand its pricing. If your SaaS company doesn’t have a pricing strategy in place, you’re leaving huge revenues on the table. You don’t understand who your customers are, and you have no idea if you’re driving them away with poorly framed pricing packages or missing the chance to elevate your growth by charging more for your products or services.

Pricing and Innovation

SaaSX

That is where pricing innovation comes in. Pricing innovation. Pricing to capture the value of innovation.’ Innovating on how you price.’. Revenue model innovation is another way to say this, but it is actually important to focus right on how to price.

Best Practices for a Marketing Database Cleanse

As frustrating as contact and account data management can be, this is still your database – a massive asset to your organization, even if it is rife with holes and inaccurate information. Entrusting a vendor to help maintain its accuracy and completeness is no ordinary engagement. Download ZoomInfo’s latest data-driven eBook aimed to help marketing leaders understand the best practices around choosing a B2B contact data provider.

SaaS Pricing Pages Do Seem to Use the ‘Decoy Effect’. But Not So Much For Bundles.

SaaStr

Do we see the classic ‘decoy effect’ — vs. just highlighting the most popular version — on SaaS pricing pages? The classic decoy effect is the Medium tub of popcorn, priced just below the Large to make the Large seem cheap: What do we see in SaaS?

SaaStr Annual 2021 Prices GO UP on Tuesday!!

SaaStr

We’re doing our traditional, final best pricing for tickets over this Memorial Day weekend! This is the best pricing we’ll ever have!! And prices go up on Tuesday!! The post SaaStr Annual 2021 Prices GO UP on Tuesday!!

What is Value-Based Pricing?

Baremetrics

Value-based pricing is a pricing strategy that sets prices according to the estimated value of how a product might be perceived by a customer. It does not take into account the cost of developing the product and its past prices. The post What is Value-Based Pricing?

How To Drive Up Your Average Deal Size. And Remember — Almost All Pricing is Relative.

SaaStr

You could spend days reading about pricing and pricing strategies in software on the web, but a lot of this content doesn’t really hit one, basic fundamental point — there is no real reason any particular piece of software should cost anything in particular.

New Study: 2018 State of Embedded Analytics Report

As customers increasingly rely on the application, companies can then justify premium pricing tiers. unintended price cap Overall, 74 percent of commercial applications taking a. This causes the application team to set a low price for. 2018 STATE OF. EMBEDDED. ANALYTICS.

Usage-Based Pricing 2.0

OpenView Labs

The response since the usage-based pricing playbook has far exceeded my expectations. And we’ve seen leading software companies like Cisco , Trifacta , and Cypress announce brand new consumption-based pricing models. Pure usage-based pricing isn’t for every product.

How to Drive Product Adoption Using a Consumption-Based Pricing Strategy

Chargify

Value-based pricing is the industry leading pricing model in SaaS for a reason. Learn 6 ways you can employ a consumption-based pricing strategy to boost your SaaS product adoption.

Competition In SaaS Leads to A Lot of Things. But Not Lower Prices, Usually.

SaaStr

Q: Will SaaS prices drop due to competition from developing countries? Now it’s just a cost-effective suite of SaaS products, at basically the same prices as other lower-end competitive products: Here’s the thing: Most SaaS products aren’t really commodities. Not a crazy price.

4 Ways to Succeed at Usage-Based Pricing

Chargify

Introducing and refining a usage-based pricing model is not always easy, but it can certainly be worth it. The post 4 Ways to Succeed at Usage-Based Pricing appeared first on Chargify.

5 Early Indicators Your Embedded Analytics Will Fail

average sales price or increased customer churn—and. Updating your application’s dashboards and reporting features. may feel optional—until suddenly it’s not. Watch for these 5 signs. that you’re at risk for an analytics emergency. Early Indicators. Your Embedded.

How to Optimize Your SaaS Pricing Page? (Best Practices + Examples)

Incredo

Psychological facts about your consumers + advanced pricing page tips + real SaaS examples = your SaaS pricing page is ready to close! SaaS Sales

Pricing Transformations In 2021

OpenView Labs

Back in another lifetime—exactly one year ago—Kyle and I offered up our pricing transformations for 2020. We stand by these trends (and we believe they’ll accelerate this year): The role of product led growth and the centrality of pricing to a product led growth strategy.

The 2 Types of SaaS Pricing Localization (and When to Use Them)

Chart Mogul

Pricing localization is a strategy where you present the price of your SaaS differently depending on where the customer lives. You may also hear it referred to as multi-currency pricing or localized pricing. Here’s what you need to know about SaaS pricing localization.

Pricing analysts 101: What does a pricing analyst do? [+ qualifications]

ProfitWell

Your pricing. To make your secret weapon even stronger, you’ll need a pricing analyst backing you up. Our pricing analysts build surveys and use ProfitWell’s algorithm to collect actionable data to guide business strategy in a manner that is measurable and implementable.

9 Steps to Hosting Your Most Successful Virtual Event

The step-by-step Virtual Event Handbook from Thryv gives you all the tools you need for planning, setting goals, marketing, pricing and – don’t forget this one – event etiquette. Plus, the handy checklist will help you pull it all off without a hitch.

Pricing Without Users

Zuora

The post Pricing Without Users appeared first on Zuora. BY: LUBOR PTACEK, VP of PRODUCT MARKETING, ZUORA The scale of a deployment is an important factor for how SaaS […]. Industry: SaaS

Dear SaaStr: What are Some Strategies to Get a Higher Price in an Acquisition?

SaaStr

The easiest “strategies” to get a higher price in an acquisition — which admittedly are very hard to deploy quickly : Raise a venture round at a high price. They can just pass because it looks too complicated to get to an acceptable price.

Lessons Learned: Price and Value

Upscope

When it comes to pricing we've got it wrong, experimented, figured something out, changed it again and eventually stuck to something. What one lesson about pricing was the most important and why? The impact of our tech can be enormous and well worth the price.

How to Price Your Subscriptions

Rebilly | Insights Into Subscription Billing

Pricing can make or break a subscription business. You need to make sure that you’re pricing in a way that allows for sustainable business growth, while also enticing customers, while also not leaving any money on the table. Read on to find out: Pricing vocabulary: plans, formulas, and more, oh my! Before we dig in too deep on the subject of pricing itself, let’s lay some groundwork for subscription-specific price terminology.

Odd-even pricing: examples, definition, and psychology behind it

ProfitWell

JCPenney conducted a pricing study in the early 1900s. Through the study, the department store came to the conclusion that when someone saw a price ending in 7, 8, or 9, they felt they were getting a deal and the odd number created a sense of urgency to purchase. Odd pricing.

Price bundling: Can bundle pricing boost sales? | ProfitWell

ProfitWell

That’s price bundling. That’s the great thing about a bundle pricing strategy—not only do customers experience the benefits of a suite of products for a single purchase price, but the company also displays more value. What is price bundling? Two types of price bundling.

Pricing Insights from 2,200 SaaS Companies

OpenView Labs

A few years back, we launched a tool for SaaS companies to assess their pricing maturity and get advice on how to take their pricing to the next level. There’s still untapped opportunity to improve pricing. In the early days, most companies are under-priced.

What is optional product pricing? Definition, examples & our take

ProfitWell

Finding the best pricing model for your product means knowing which pricing strategies are out there so you know which one fits your product and business needs the best. In this post, we'll take a look at what optional pricing is and examine some of the popular items that use it.

When You Raise Prices More Than a Smidge … They At Least Look At Another Vendor

SaaStr

We’ve talked quite a bit about the pros and many cons of raising prices on existing customers on SaaStr. Our general view, and experience, is that until you are fairly mature, raising prices on existing customer isn’t worth it. Raising prices on a small group of customers today won’t move the long-term needle. What I think is even more important is how material price increases make your customers … look.

Complete Guide to Market-Based Pricing

ProfitWell

Whether your organization is a seasoned veteran or at a very early stage, your pricing strategy is one of the most difficult, yet incredibly important things you need to have in place before entering the market space. What is market-based pricing? How market-based pricing is calculated.

How to Optimize Your SaaS Pricing Page? (Best Practices + Examples)

Incredo

Psychological facts about your consumers + advanced pricing page tips + real SaaS examples = your SaaS pricing page is ready to close! . Let’s assume your SaaS pricing page is the final food you want to prepare and you have to use the right ingredients in the right way. Design, pricing strategy, the order of pricing plans and other elements are your ingredients. So keep reading to discover how you can prepare the most “appetizing” SaaS pricing page.

Price Optimization in SaaS: A Series

Baremetrics

Many SaaS subscription products launch with prices far below their potential value. Regardless of the cause, there seems to be a strong potential for increased revenue from price adjustment. Price Optimization in SaaS: What Does Churn Tell Us?

Pricing Formulas 101: Everything You Need to Know

Rebilly | Insights Into Subscription Billing

Choosing a pricing formula is one of the first — and most important — steps when creating a pricing plan. In addition to understanding the basic pricing formulas available, you need to know how to combine those into a value-based pricing structure for your subscription business. The most common pricing formulas are: Fixed fee Flat rate Volume Stairstep Tiered Fixed fee Fixed fee pricing is probably the pricing […].

Price Optimization in SaaS: Customer Retention

Baremetrics

This article will discuss the relationship between price change and customer retention. If I raise the price, will customers leave? The biggest challenge that leaders face is understanding how to think about price optimization and customer retention with the right framework.