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Sales Pipeline Radio

Modern B2B Pricing Best Practices

Jul 14, 2023
Dan Balcauski, Founder and Chief Pricing Officer at Product Tranquility, discusses the importance of pricing in B2B marketing. Topics include the limitations of freemium pricing in B2B SaaS, the concept of pricing fairness, and the importance of including pricing in the launch discussion.
35:42

Episode guests

Podcast summary created with Snipd AI

Quick takeaways

  • Understanding customer segments and their contexts is crucial for effective B2B pricing.
  • Freemium pricing may attract the wrong customer segments, while a free trial approach can be more effective in B2B SaaS.

Deep dives

The Importance of Pricing Strategy in B2B Marketing

Pricing plays a crucial role in determining the success of a B2B product or service. Executives often focus too much on the actual price point, but it is equally important to consider who you are charging and how you are charging them. Understanding your customer segments and their different contexts, value drivers, and competitive alternatives is key to effective pricing. It is essential to have pricing conversations early on in the product development process to align pricing with customer needs and expectations. By front-loading the pricing conversation and understanding what the market is willing to pay, businesses can avoid wasting time, resources, and energy on ineffective pricing strategies.

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