Earlier quoted context omitted.
Pricing works best when aligning with value instead of costs. In general you should also try to align your pricing with value for better margins (especially if you are have a monopoly condition). The rationale is that Stripe believe that a small percentage will align better with customer acceptance of pricing than a flat fee per invoice, which allows them to capture more dollars from the relationship.
I firmly believe that transaction fees (incl invoices, etc) should be fundamentally a constant flat fee. Whoever builds a competitor to Stripe will blow everyone away. The cost of transaction is the same. Customers are being robbed in day light with % based transaction fees since the dawn of time. This entire industry is begging for disruption.
Stripe App Marketplace
71–80 of 102 posts
Re: Stripe App Marketplace
#72Ok - so asking the inevitable question - what is the one thing Stripe does not provide that you want to build / have someone build for you?
Re: Stripe App Marketplace
#73Earlier quoted context omitted.
Do you work for YC? Why do you care so much?
No, I don't work for YC. I do get value from this site and would prefer it not be a cesspool of ignorant conspiracy theories when possible.
Just open up a chart and have a go at the numerous tickers YC is involved with. Are those stocks that you would trust your life savings with and that its a conspiracy that they are struggling with potential problems to capital and liquidity?
If you are going to simp for YC at least have skin in the game
Re: Stripe App Marketplace
#74Is it just me or does Stripe ship something big every week
Re: Stripe App Marketplace
#75Earlier quoted context omitted.
If history is any indicator, Stripe can always Sherlock the service and build a better native feature.
It's almost like any successful developer needs to develop an app thats popular but not that popular and verging on slightly more difficult so that the moat holder (in this case Stripe) doesn't want to build it themselves. Alternatively make something that catches fire really quickly and sell very quickly before they can build it themself.
Re: Stripe App Marketplace
#76We do relatively lower volume of higher value ACH transactions (ie, 20K/transaction). What's interesting is strip invoicing is pretty uncompetitive here. Fee for sending one invoice is $100/invoice. For every 100 invoices you are spending $10,000. OUCH!!! In other words, if someone was allowed to do an invoicing app in this marketplace it might do ok for a group out there. A target would be folks doing ACH payments (…
Re: Stripe App Marketplace
#77Earlier quoted context omitted.
Hi, I have two tickets open which are really causing a lot of issues for us: - Expiration webhooks are not always sent, so customers keep their entitlement way after they should: Ticket 13919 (although it's been spread across a few as it must close them after a while or something) - A much more urgent issue I opened a couple weeks ago: Customers that cancel and then re-subscribe for a trial at some point in the futur…
Hi, RevenueCat CEO here. Thanks for sharing honestly. I dug into both tickets. A bunch of failures both in product and process on our part. Going to dig in more.
Re: Stripe App Marketplace
#78Earlier quoted context omitted.
Pricing works best when aligning with value instead of costs. In general you should also try to align your pricing with value for better margins (especially if you are have a monopoly condition). The rationale is that Stripe believe that a small percentage will align better with customer acceptance of pricing than a flat fee per invoice, which allows them to capture more dollars from the relationship.
I firmly believe that transaction fees (incl invoices, etc) should be fundamentally a constant flat fee. Whoever builds a competitor to Stripe will blow everyone away. The cost of transaction is the same. Customers are being robbed in day light with % based transaction fees since the dawn of time. This entire industry is begging for disruption.
Those costs go up with the value of the transaction.
Re: Stripe App Marketplace
#79Earlier quoted context omitted.
Hi, RevenueCat CEO here. Thanks for sharing honestly. I dug into both tickets. A bunch of failures both in product and process on our part. Going to dig in more.
Thanks for taking a look, I believe I sent you an email about the first one actually since it had been months without any updates. They did get on it and released a fix soon after, but last I heard it was rolled back and then (maybe?) re-applied. Unfortunately it is still happening, but the second issue is much more urgent for us right now.
I've made CEO-noise again and hopefully we can keep pushing on these two.
Re: Stripe App Marketplace
#80Earlier quoted context omitted.
No, I don't work for YC. I do get value from this site and would prefer it not be a cesspool of ignorant conspiracy theories when possible.
so its a conspiracy that Docusign is down 80% from ATH as are many YC backed IPO stocks? Just open up a chart and have a go at the numerous tickers YC is involved with. Are those stocks that you would trust your life savings with and that its a conspiracy that they are struggling with potential problems to capital and liquidity? If you are going to simp for YC at least have skin in the game
Is a baseless conspiracy. Back it up with facts! If you can, we're all here to listen. Accusing someone of being a simp because they think your argument is baseless and weak is not a great way to strengthen your argument.