Good Better Best

Good Better Best focuses on strategies and trends in pricing and packaging predominantly in the SaaS industry. It covers freemium models, pricing page optimization, the impact of acquisitions on pricing, and strategies for raising prices or moving away from free plans, drawing insights from major companies.

Pricing Strategies SaaS Industry Trends Product Packaging Market Entry Strategies Customer Acquisition Brand Positioning Customer Feedback Competitive Analysis

The hottest Substack posts of Good Better Best

And their main takeaways
2 implied HN points 13 Mar 24
  1. Internal data is crucial for successful pricing research, focusing on areas like SaaS metrics, product usage data, sales data, and customer interviews.
  2. Key internal data categories include SaaS metrics like LTV:CAC, ACV, and NDR.
  3. Using product usage data, sales data, and customer interviews can provide valuable insights for pricing strategy.
3 implied HN points 23 Feb 24
  1. Start pricing research externally with quantitative surveys, using methodologies like MaxDiff, Conjoint, Van Westendorp, and Gabor Granger to understand customer preferences and price sensitivity.
  2. Consider using survey vendors like Qualtrics, QuestionPro, SawTooth, or Conjointly based on your product, team sophistication, and target market for data collection.
  3. For deeper insights, conduct qualitative interviews to explore nuances and motivations behind pricing decisions, ensuring flexibility, validity, and complementing quantitative efforts.
3 implied HN points 09 Feb 24
  1. SaaS companies like Squarespace, Clearbit, and Slack are making pricing changes to align value metrics, add features, and adjust discounts.
  2. Interest in pricing is growing in the SaaS industry due to the impact on revenue, customer-centricity, and the need for efficient business growth.
  3. Orb, a developer-centric billing engine, aims to make pricing a product by offering tools for iterative pricing changes and flexible billing structures.
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6 implied HN points 28 Jul 23
  1. SaaS companies are implementing Shrinkflation by reducing usage limits while keeping prices the same.
  2. The debate between PLG and SLG in SaaS focuses on removing friction for customers.
  3. Recent SaaS trends aim to make it easier for small teams to build products and offer outcome-based solutions.
5 implied HN points 11 Aug 23
  1. Hubspot's pricing strategy evolved over the years with various models like flat rate, usage tiers, and freemium.
  2. Pricing pages are crucial for positioning a brand clearly to potential customers.
  3. Understanding power law pricing and avoiding discounts can be beneficial for SaaS companies.
3 implied HN points 29 Sep 23
  1. SaaS companies are focusing on increasing profitability by adjusting the value-to-price ratio.
  2. Tactics include lowering usage limits but changing prices, plan consolidation, and implementing fake discounts.
  3. For SaaS companies, raising prices is a simple yet effective strategy to boost revenue.
4 implied HN points 04 Aug 23
  1. Pricing changes shouldn't be scary - customer pushback can be handled confidently.
  2. Identify pricing thresholds ('price cliffs') where demand could drop sharply.
  3. When messaging customers about a price increase, explain reasons clearly and offer options to adjust their plan.
3 implied HN points 21 Apr 23
  1. SaaS companies are getting rid of freemium plans recently.
  2. Use clear storytelling principles on your pricing page: build for someone, use resonating names, offer clear value propositions, focus on benefits not features, and provide expanding detail.
  3. Consider different strategies for pricing research based on the nature of your product and market.
3 implied HN points 01 Mar 23
  1. Uber's diversification into food and grocery delivery gives them pricing power within ride-sharing.
  2. When selling against free competitors, reframe the conversation to reveal the hidden costs of using free tools.
  3. Apple's services revenue, including subscriptions, surpasses that of major companies like Nike and McDonald's combined.