I'm trying to figure out how to price my subscription service. Any tips?
Absolutely! Start by analyzing your costs, target market, and competitor pricing. What type of service are you offering?
It's a monthly subscription for a fitness app. I want to make it affordable but also profitable.
Great! Consider offering tiered pricing. For example, a basic plan at a lower price and a premium plan with additional features.
That sounds good! How do I determine the price points for each tier?
Research similar apps to see their pricing. Also, consider the value you provide and what your target audience is willing to pay.
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