Do y’all think charging premium price points is critical for a profitable bootstrapped internet biz where you can easily shape your lifestyle as CEO?
What about @benchestnut? I keep thinking about MC as the counter example.
Would love thoughts from fellow CEOs/informed opinions
-
Show this thread
-
Replying to @TaraReed_ @benchestnut
There’s always options, but most of the probability space I’ve seen is people doing B2B at prices which are, subjectively speaking, higher than most geeks would naturally feel comfortable with. I know people who make App Store style pricing work... not many, though.
1 reply 0 retweets 5 likes -
I generally tell folks $50/$100/$250 a month in B2B SaaS is a good bootstrapping default and then argue over whether they should or should not have a $20 option. Brutally difficult to count to $10k in $20 increments and they’ll have a churn rate of nearly 10%.
1 reply 0 retweets 10 likes
And there are price points lower than $20 in the world; some geeks do the math “Well Netflix or whatever is $9 so I’m lucky to get $5 for e.g. this D&D character generator” and all I can say to them is “You can play all the D&D you want when selling software to businesses.”
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.