Entrepreneur

0 readers

1 users here now

Rules

No Personal Attacks - criticism of ideas is allowed, attacking people is not.
Self Posts Only - links can only provide supplementary material. Your post must contain enough content to have a discussion.
No “How To Get Rich Quick” posts - This community is not about making a quick buck. Posts asking the community how to make $X, without making specific reference to a reasonable idea, are not tolerated.
Avoid unprofessional communication - Please treat fellow entrepreneurs like respected coworkers, label conversations if NSFW and avoid deliberate provocations.

Please feel free to provide evidence-based best practices, share a micro-victory, discuss strategy and concepts with a frame work, ask for feedback, and create professional conversation. Treat every post as if you're at work and representing the best version of yourself.

founded 1 year ago

MODERATORS

communick@indiehackers.space

Less paying more customers or more paying less customers? (alien.top)

submitted 1 year ago by sjkurani@alien.top to c/entrepreneur@indiehackers.space

11 comments fedilink hide all child comments

We are new to the industry and our competitors are charging 3x of our amount. So should we raise our pricing or continue with less pricing to accquire more customers?

I feel less is good, but feeling that are we loosing some amount where the customers are already ready to pay.

you are viewing a single comment's thread
view the rest of the comments

[–] sjkurani@alien.top 1 points 1 year ago (1 children)

Per my understanding Yes it is pricing. Our customers want more in less amount

[–] zer1-1@alien.top 1 points 1 year ago

then may be you can reasonably increase pricing if it's required, or may be do A/B testing.

But since you seem to be in the startup phase, if I were in your place (even though I don't know what your product is), I would focus on acquiring more lower-paying customers. You can always ask them to pay more at any time. Once my product has a reputation on par with my competitors and achieves feature parity with them, then I would think about increasing pricing.