Most SaaS companies are not using pricing to its full potential. We all know pricing is important, but because it is complicated, and often intimidating, we choose an overly simplistic approach. This session will highlight some evidence-based principles that will help you avoid common pricing mistakes and put you on the fast-track to capturing opportunity, without getting lost in analysis, data, and conflicting opinions.
9. My need can be solved 80-90% by the
features in Plan A and 10% with the features
of Plan B…
… but the pricing gap between Plan A and
Plan B is so big that it does not motivate the
investment, since I don't want to pay for.
1
2
10.
11.
12.
13.
14.
15.
16.
17.
18. *Source: FastSpring “Pricing for Inflation” Study; sample: 271 global software companies
No increase
Yes, increase
63%
37%
Raised Price >10% Q1 YoY:
19. B2C B2B
Yes, increase No increase
B2C B2B
Yes, increase No increase
*Source: FastSpring “Pricing for Inflation” Study; sample: 271 global software companies
Profitwell - 6 hours
Other research suggest similar
Call out Lower entry Barriers, easy to pick and choose from. Fast customer Acquisition.
Dynamic Packaging + Worldwide reach + Right pricing can provide a cushion of healthy margins, better cash flow and customer engagement. Recurring Revenue + Service Revenue from Add-ons and Customization.
Fairness point –
Simple point
Dynamic Packaging + Worldwide reach + Right pricing can provide a cushion of healthy margins, better cash flow and customer engagement. Recurring Revenue + Service Revenue from Add-ons and Customization.
My approach – and bc I wrote the slides I get a cool slide for my advice…
If you don’t ask , you don’t get.
Feedback loop for engagement and retention, building the trust.
Make it easy to Understand and Pay for customers
70% of B2B buyers are millenials