Pricing & Profit Optimization
Maximize your revenue potential with our Pricing & Profit Optimization offering, driven by a detailed Willingness-to-Pay Study.
This study surveys both your organization’s current and prospective buyers to understand their price sensitivity and preferences, providing a solid foundation for a data-driven pricing strategy. In addition to identifying optimal price points, the study highlights the key value drivers that matter most to your customers.
This approach not only helps you set effective pricing but also aids in designing tailored pricing packages and developing pricing strategies for future products, ensuring long-term profitability and alignment with market demands.
Market-Driven Insights Power XaaS Pricing Transformation
This example showcases an analysis conducted for a new suite of SaaS products to determine market-driven pricing based on customer preferences. By understanding the market’s willingness to pay, we identified the optimal price point for a value-driven package of features and attributes.
Before this exercise, the client offered two core products under a perpetual licensing model but sought to transition to a recurring revenue model with the launch of a third core product. Through customer surveys targeting key buyer personas, we gathered insights on perceived value, identifying what customers considered too cheap, cheap, expensive, and too expensive.
The findings revealed a sweet spot at $35 per user per month, ensuring the pricing aligned with customer expectations and value perceptions. This pricing transformation not only streamlined the client’s offerings but also positioned them for scalable growth.
By 2024, the client’s shift to a recurring revenue model and market-driven pricing strategy culminated in their acquisition by the leading competitor in their industry for an eight-figure valuation, solidifying their success.
What our clients are saying
Discover how businesses like yours have transformed their growth trajectories with Skybridge Data. From increased revenue to streamlined operations and market expansion, our clients’ success stories showcase the power of data-driven go-to-market strategies. See the impact for yourself!
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