Dan Balcauski, our pricing master, is here to help us understand the value of pricing and compete in the market while generating over-the-top revenues. He delves into the ins and outs of how effective it is to maximize your price to have long-term profitability and move your business forward. So let’s hop on in, explore the depths of pricing models and learn a thing or two from this savvy expert.
Show Notes
[0:58] How to be competitive while still generating revenues?
[2:57] On understanding customer value, psychology and finance aspects
[3:13] What do people typically get wrong about pricing, especially in 2022?
[4:17] How does he define an effective price?
[5:48] How does the entire pricing process work?
[8:49] Using the “jobs to be done” framework to understand customer value
[12:01] What exactly is packaging from a perspective of a software product?
[14:29] Make sure that your offering is clear and the customers understand what might be the best for them
[17:00] Have a pricing committee and internal systems for your product
[18:21] How often should companies change their pricing?
About Dan Balcauski
As the B2B SaaS Pricing continues to evolve, so does Dan. Dan is always passionate about helping businesses optimize their pricing models. He’s always a one-call away when you need help in your pricing endeavors.
Link:
Product Tranquility
Profile:
Dan’s LinkedIn
ProductLed Podcast