AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
How to Build a Chat GPT Wrapper (Real Success Story)⏐Ep. #133
The Koerner Office - Business Ideas and Small Business Deep Dives with Entrepreneurs
Navigating Pricing Strategies in Software Services
Software services must strategically manage pricing to avoid being perceived as commodities. Initially, the focus may be on minimizing margins but transitioning towards differentiated features across plans is crucial. Features like appointment setting, spam detection, and custom agent training enable a service to stand out. It's essential to shift from a volume-based pricing model (e.g., per minute) to one that addresses the unique needs of different businesses, as this mitigates the risk of being compared solely on price. Simplifying pricing can reduce friction for potential customers who may not understand minute allocations, and instead, offering tiered plans based on feature sets aligns better with various use cases. Gathering data over time allows for refining pricing strategies that can support broader customer acquisition while balancing potential short-term losses against long-term profitability.
00:00
Transcript
Episode notes
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode