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  2. What problems do you have when pricing your products?

What problems do you have when pricing your products?

Denizcan Sanlav
7 replies

Replies

Solomon Bush
Log Harvestor
Log Harvestor
Making a competitive entry-level price without loosing money
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Solomon Bush
Log Harvestor
Log Harvestor
@denizcansanlav These are really good points that I haven’t thought of yet. I guess what you’re saying is that I need tighten up my funnel to incentivize upgrading. But that you so much for taking the time to look at this and provide such good feedback! Looking at that case study now :)
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Denizcan Sanlav
Landing Page Tools
Landing Page Tools
@solomon_bush What is entry level for you? It's difficult to raise the price later. but this is completely perceptual.
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Solomon Bush
Log Harvestor
Log Harvestor
@denizcansanlav Great question! - so here's my pricing page - https://www.logharvestor.com/pri... basically, I have a free tier, not sure if that's going to scale lol, but where I will actually make solid revenue is off of the usage billing. So the more data ingested the better. Unsure if this is the best approach.
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Denizcan Sanlav
Landing Page Tools
Landing Page Tools
@solomon_bush I don't know your industry and your competitors. My guess is that most of your users may have a free package, and you may be struggling to upgrade them to the paid version because the free package seems quite comprehensive. Also, I'm not quite sure about this: ($1.50/Million Logs). I think I'll have to pay an extra $1.5 for a million transactions. This may seem like an additional cost and create uncertainty. It might be smoother to include this in the packages. I think there are only a few differences in features between the Pro and Enterprise versions. Only a small fraction of your paying customers should be using the Enterprise version because it doesn't seem to be enough incentive to go from $20 to $50. The more important thing is what package you want to sell. You can adjust the framework according to what you want to direct your users towards. For example, you can take a look at the pricing section in this case study for some ideas. https://irrational.marketing/cas...
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Denizcan Sanlav
Landing Page Tools
Landing Page Tools
@solomon_bush thanks Solomon. I will follow your progress. if you want feedback from me, see you again. good luck :)
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