
"Unpack Pricing" with Scott Woody Breaking pricing inertia: building an experimentation culture with Tomas Lorinc, Temporal
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May 1, 2025 Tomas Lorinc, Head of Monetization at Temporal Technologies, is a pricing expert formerly with Auth0 and Okta. He shares insights on overcoming the fear of price changes by fostering an experimentation culture. Discover his strategies for field testing pricing models and creating high-trust environments. Tlo emphasizes the balance between art and science in pricing decisions and the importance of effective pricing councils. He delves into segmenting products for enterprise markets and the significance of consistency in complex product portfolios.
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Pricing Is a Muscle to Train
- Pricing is a muscle companies must train through iteration to reduce fear of change.
- Regular pricing updates improve growth and prevent existential risks from competitive pricing moves.
Build Pricing Muscle Gradually
- Start pricing iteration with packaging changes to add value and segment markets softly.
- Use beta tests with trusted sales reps to validate new pricing before full rollout.
Run Controlled Pricing Experiments
- Run pricing experiments in a limited, high-trust environment with skilled sales reps.
- Ensure tooling and frameworks to manage experiment scope, contract length, and customer impacts.
