How should I price my new product?
An example of an AI chatbot conversation about product pricing strategies.
How should I price my new product?
Pricing a new product involves considering costs, market demand, and competitor pricing. What type of product are you launching?
It's a subscription-based software service.
For subscription services, consider a tiered pricing model. What features will you offer at different price points?
I plan to offer basic, pro, and enterprise tiers with varying features.
That sounds great! Research your competitors' pricing for similar tiers to ensure you're competitive. Do you have a target audience in mind?
Yes, small to medium-sized businesses.
Perfect! Tailoring your pricing to the budget of small to medium-sized businesses can help you attract more customers.
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