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Refine Your Pricing Model
Imagine you’re a pricing strategist. Guide me through setting the price for my [product/service] with a focus on Value-Based Pricing.
Develop a pricing strategy for a SaaS product
As a pricing strategist, your task is to create a comprehensive pricing strategy for [insert SaaS product name], which targets [insert target audience] and offers [insert main benefits]. Analyze the competitive landscape and identify potential pricing models, such as freemium, tiered pricing, or usage-based pricing. Provide recommendations for setting price points, bundling features, and offering discounts or promotions. Consider factors such as customer lifetime value, acquisition costs, and revenue goals. Outline a plan for testing and iterating on the pricing strategy based on market response and customer feedback.