Strategy Provides a Roadmap for How to
Posted: Thu Dec 05, 2024 5:37 am
Here, you won’t take into account product cost or historical prices, which are typically used to set prices. To do this, you need to know what your customers expect from your products, the benefits they provide, and the value your product will add to their business. At the same time, constantly evaluate the competitive market to monitor value perception.
Example - A BB SaaS product for project management (like Basecamp, Trello, etc.) helps colombia mobile phone numbers database teams collaborate more efficiently. It also adds value by integrating with other essential tools like Google Drive, CRM, and Slack communication tools. So, consider pricing this not as just another tool on the market, but as a complete project management solution that streamlines workflows, increases productivity, and saves time and money.
This way, the price of your product will reflect the tangible benefits it provides. Therefore, you will determine the sales price based on its impact on users, not a simple cost-plus calculation. Value-based pricing Principles of Value-Based Pricing The foundation for leveraging value-based pricing lies in its principles.
Example - A BB SaaS product for project management (like Basecamp, Trello, etc.) helps colombia mobile phone numbers database teams collaborate more efficiently. It also adds value by integrating with other essential tools like Google Drive, CRM, and Slack communication tools. So, consider pricing this not as just another tool on the market, but as a complete project management solution that streamlines workflows, increases productivity, and saves time and money.
This way, the price of your product will reflect the tangible benefits it provides. Therefore, you will determine the sales price based on its impact on users, not a simple cost-plus calculation. Value-based pricing Principles of Value-Based Pricing The foundation for leveraging value-based pricing lies in its principles.