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159: Pricing for Calm SaaS Businesses
The Bootstrapped Founder
Avoid Pricing Time Bombs
To ensure long-term business success, avoid pricing strategies like freemium models and lifetime deals that may lead to time-delayed risks. Freemium models can attract many free users, leading to high costs and potential financial disaster if conversion rates are low. To mitigate this risk, set strict limits and start charging when users start using the product professionally. Additionally, be cautious with lifetime deals as they can impact future revenue negatively.
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