How should I determine the pricing for my startup's product?
Determining pricing involves understanding your costs, market demand, and competitor pricing. What type of product are you offering?
I'm launching a subscription-based software service.
For subscription services, consider your target audience's willingness to pay, the value your software provides, and tiered pricing options. Have you researched your competitors?
Yes, but their pricing seems quite varied.
That's common in the software industry. You might want to analyze their features and customer feedback to find a sweet spot for your pricing.
What if I want to offer a free trial?
A free trial can attract users. Just ensure you have a clear conversion strategy to turn trial users into paying customers.
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