>Reduce decision fatigue for customers. I am a huge evangelist of this piece of advice. I'm the founder of a startup that offers ONE price --- and free trial credits, of course --- for each product. I think it has helped us tremendously. The amount of startups I see that use the 3-column pricing plans (or worse!) is mind-boggling. Perhaps there is empirical evidence supporting complicated pricing. But I've never seen…
3 column is used for anchoring you to get to the desired pricing (the middle one). https://www.nickkolenda.com/conversion-optimization-psycholo...
Pricing Low-Touch SaaS
31–40 of 86 posts
Re: Pricing Low-Touch SaaS
#32I love pretty much everything that Patrick McKenzie writes, but for some reason, my default internal monologue for his writing makes reading everything that he writes sound like an episode of Last Week Tonight with John Oliver. Makes reading his pieces a very interesting experience.
Re: Pricing Low-Touch SaaS
#33Earlier quoted context omitted.
Frankly Netflix scares me and I am scared more by the proliferation of the Netflix model to video games. What I saw happen with television is that it went from a ratings based model (they had to make stuff people wanted to watch) to a model where the "cable bundle" was determined by cigar-chompers in a dark room somewhere. I can say I want this group of 20 channels, but I can't say I want CNBC but not CNN, Fox and MS…
Music royalties and professional VJ's (read, unionized) eat into those profit margins. That 70 year old man figured out he could cut costs by hiring unprofessional "reality" actors and running his network on the sweat of young perma-lancers.[0] [0] https://www.dailykos.com/stories/2020/8/12/1968730/-Sumner-R...
TV networks initially embraced reality television because of the Hollywood writers strike. The writers stopped writing, so the networks turned to content that didn’t require writers. Then they discovered that reality television is cheaper, too. The rest is history.
Re: Pricing Low-Touch SaaS
#34>Reduce decision fatigue for customers. I am a huge evangelist of this piece of advice. I'm the founder of a startup that offers ONE price --- and free trial credits, of course --- for each product. I think it has helped us tremendously. The amount of startups I see that use the 3-column pricing plans (or worse!) is mind-boggling. Perhaps there is empirical evidence supporting complicated pricing. But I've never seen…
I'd never heard of your company but this service looks GREAT.
I wish you financial success.
Question: your price points are sooooo low (which is great for the consumer) but I get concerned it's too low for your company to stay viable. Is that a concern? Please don't take this an me knocking your company. I really love what I've seen on your site.
Re: Pricing Low-Touch SaaS
#35>Reduce decision fatigue for customers. I am a huge evangelist of this piece of advice. I'm the founder of a startup that offers ONE price --- and free trial credits, of course --- for each product. I think it has helped us tremendously. The amount of startups I see that use the 3-column pricing plans (or worse!) is mind-boggling. Perhaps there is empirical evidence supporting complicated pricing. But I've never seen…
Thanks for sharing your company, https://siftrics.com I'd never heard of your company but this service looks GREAT. I wish you financial success. Question: your price points are sooooo low (which is great for the consumer) but I get concerned it's too low for your company to stay viable. Is that a concern? Please don't take this an me knocking your company. I really love what I've seen on your site.
Re: Pricing Low-Touch SaaS
#36>Reduce decision fatigue for customers. I am a huge evangelist of this piece of advice. I'm the founder of a startup that offers ONE price --- and free trial credits, of course --- for each product. I think it has helped us tremendously. The amount of startups I see that use the 3-column pricing plans (or worse!) is mind-boggling. Perhaps there is empirical evidence supporting complicated pricing. But I've never seen…
Thanks for sharing your company, https://siftrics.com I'd never heard of your company but this service looks GREAT. I wish you financial success. Question: your price points are sooooo low (which is great for the consumer) but I get concerned it's too low for your company to stay viable. Is that a concern? Please don't take this an me knocking your company. I really love what I've seen on your site.
The point of the pure text recognition service is to draw business; not to make a profit. Without the "Advanced Features", the service operates at a slight loss. However, the profit margins and total volume we do on "Advanced Features" covers the loss and turns a profit.
On the Hydra (Documents-to-Database) side of things, I think we charge enough. Margins are very high.
Re: Pricing Low-Touch SaaS
#37Earlier quoted context omitted.
> if I had a penny for every time somebody did something stupid or wasteful to stay within the free use tier. You make a good point. I suppose it doesn't apply in quite the same way here, since we offer lifetime free credits --- they don't refresh each month. 1,000 free pages, then you have to pay.
Lifetime? Really? I'll still be able to use this service in 2075? Do you expect anyone to believe that?
If a company gives me "free X for life", I can't expect X if they declare bankruptcy. If they get acquired, the acquiring company will probably be within their rights to cancel my free X, and this has been done time and again. You can try to die on the hill of "lifetime means my lifetime" but I don't know what you expect to gain.
Re: Pricing Low-Touch SaaS
#38Re: Pricing Low-Touch SaaS
#39Re: Pricing Low-Touch SaaS
#40>Reduce decision fatigue for customers. I am a huge evangelist of this piece of advice. I'm the founder of a startup that offers ONE price --- and free trial credits, of course --- for each product. I think it has helped us tremendously. The amount of startups I see that use the 3-column pricing plans (or worse!) is mind-boggling. Perhaps there is empirical evidence supporting complicated pricing. But I've never seen…
I could see it being very useful to small businesses that work with paper a lot.