Coach for heads of growth | PLG advisor | Former 2x growth leader (Wistia, Postscript) | Podcast at media.deliveringvalue.co
Here’s a fascinating lesson in buyer psychology I learned from optimizing a bunch of saas pricing pages over the past six years. If you charge $100 for software that includes 10 "X". Every single person will say, “wow $10 per "X" is a lot.” (in this example, "X" is your saas usage metric - users, visitors, emails, messages, videos, etc) If you charge $100 for software that includes your first 10 "X" for free. People will say, “wow, $100 is pretty cheap for that software”. These types of nuances surface when you get feedback from real users before launching. It's my favorite part of the process. A very subtle difference in packaging. A huge difference in perception. #growth #productledgrowth #saas
Very useful🤔🤔
Just a few words can make all of the difference
Benedikt Bürig so true!
Thanks for the helpful tips, Andrew Capland! Once you get inside the mind of your customer, you have the power to influence them. Applying psychological triggers to your pricing page design can expand your sales.
Once the product becomes $500 for a min. of 10 users I wonder if this principle remains the same.
Yes, the tiniest details, or even word choice, can have a remarkable effect on conversions. Great example Andrew Capland.
I love this type of thing! Fascinating!
Head of Marketing at Recotap
2yInteresting take. Got to implement this !