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Need help: Pricing strategy for a developer tool with 400000 users

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Re: Need help: Pricing strategy for a developer tool with 400000 users

#31

First, congratulations on building a product that is used by real users. The question you are now asking is: how to monetize it. My thoughts (as a bootstrapped SAAS founder): 1. Send an email/app notification to all your existing users mentioning that you are starting a Premium Plan from Feb 1st. I think you are on the correct path where you are making this a Freemium product so that it doesn't piss all your existing…

Thank you

Re: Need help: Pricing strategy for a developer tool with 400000 users

#32
post #15
post #7

Earlier quoted context omitted.

Hello Kohanz, Thanks for the comment, we have talked with few usually when we give a demo (8-10 per week) we ask them what they are looking for and most of them are in the tool because of covid as teams are remote and second it is free tool. Then there is another segment these are large enterprises and they ask us a lot about security, sso and integrations we have quoted them price from 1 USD per user per month to 10…

Its hard to give more specific advice without knowing more about the product, but to me it does sound like the most straightforward path would be to keep your existing free plan as-is today, and then offer a paid plan structure on top of it, turning yourself into a freemium offering. You don't need to reduce your free offering to make space for a paid plan - not right now, at least. Maybe you will eventually, but if…

Thanks, it is very helpful

Re: Need help: Pricing strategy for a developer tool with 400000 users

#33
post #28
post #8

Earlier quoted context omitted.

Thanks, it is very helpful and I never knew companies charge so much for SSO, Now we have also decided to raise the price of SSO plan. Thanks for sharing this

Can I make an alternate suggestion? I'd say that SSO should be available on the cheapest or second cheapest tier. However, I would then make SCIM support (automated provisioning/deprovisioning) part of the most expensive tier. If you're a small business, say 20-30 people then you can manage that by hand, but if you're a larger organisation then SCIM is a must-have. I run a SaaS business. When dealing with vendor qual…

Thank you, do u have any email id, I can contact you about more advice on SCIM

Re: Need help: Pricing strategy for a developer tool with 400000 users

#34

Have a look at these resources on pricing and bootstrapping respectively: - Michael Dearing on Pricing: https://www.heavybit.com/library/video/harrison-metals-micha... - Designing the Ideal Bootstrapped Business – Jason Cohen, Founder, WP Engine – MicroConf 2013: https://www.youtube.com/watch?v=otbnC2zE2rw

Thanks, will check them

Re: Need help: Pricing strategy for a developer tool with 400000 users

#36
post #12

First, amazing to see the growth of building something people want, largely self-directed and self-funded. Pricing, after naming in coding is a really slippery concept. 1) You could draw a line in the sand and move new feature into paid plans. This might be tough. 2) If you move enterprise type features (sso, custom domains, branding) into an enterprise “call us” plan it will not be suprising. Many companies buy soft…

Thanks, I will contact u via email

Re: Need help: Pricing strategy for a developer tool with 400000 users

#39

First off, congratulations! I've done a lot of pricing work for various developer tools products and at established companies like DigitalOcean and AWS. Feel free to contact me and I'm happy to help (both with pricing and attempting to lift spirits as you call out depression) for free if you'd like: bpschaechter at gmail.

Thanks, will contact you
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