Patrick Campbell, CEO of Price Intelligently shares techniques and tactics for pricing your product as you start your business out. He includes a variety of methods you can use.
2. @Patticus
Provide you a quick, analytical process to approach
pricing and sales in the early stages of a business.
Tuesday, June 11, 13
3. @Patticus
Key Milestones:
•May 2012: Founded in Boston
•Nov. 2012: 50+ Customers
International Expansion to UK, Canada & Australia
•Jan. 2013: Expanded Team to 7
•April 2013: Completed Over 100,000 Pricing Strategies
•May 2013: $1M Run Rate
Executives:
•CEO/Co-Founder: Patrick Campbell
•Technologist/Co-Founder: Christopher O’Donnell
•Technologist/Co-Founder: Aaron White
About Us
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4. @Patticus
"The Price Intelligently team removed the guesswork from our pricing
strategy, providing us with hard data from real people that fit our personas.
Pricing is something we have to get right; our business depends on it.Thanks
to Price Intelligently's work, I sleep better at night."
CEO - Help Scout
The more data that you have available to make decisions, the better those
decisions are. The fact that Price Intelligently was able to compile a panel of
respondents that matched our target personas and collect more
information than we ever could have. Price Intelligently helped us quickly
understand the perceived customer value of our product and it’s individual
features, which was data that we couldn’t get anywhere else.
Senior Director of Product Management
"We were incredibly pleased with Price Intelligently process and results. I
would recommend them to anyone who wants real data on the value
customers and prospective customers place on your products, services, and
even features.We will definitely be making changes to our pricing based on
their work."
CEO - Wistia
"To me, pricing is the one area that I believe
marketers need to consider first and foremost.
Price Intelligently makes the product pricing
process painless and remarkably powerful with
its extraordinary findings and in-depth analysis."
CMO - SmartBear Software
Who’s been talking about us?
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5. @Patticus
•The Importance of Pricing
•Value Metric
•Pricing (getting the number)
•Your first sale(s)!
Our Agenda
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A value metric is what you charge for, and should:
1. align to your customer’s needs.
2. grow with your customer.
3. be easy to understand.
Value Metric
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Sales
“...Hustle is shoe leather and elbow grease
and sweat and missing lunch...Hustle is the
sheer joy of winning. Hustle is heaven if
you're a hustler; hustle is hell if you're not.”
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Main Takeaway #4
Set up a scalable funnel as if you’ll have 30 sales folks
tomorrow.Then, just fill in the pieces with the right people.
Tuesday, June 11, 13