Is it easy to scale your services?
Can you provide additional features and functionality to the core offerings?
How does the price metric correlate with customers' perception of the value of goods/services?
Will the complexity or simplicity of the perceived value affect the sales process - speed it up or slow it down, make it easier or more difficult?
How does UBP's pricing model compare to your competitors' pricing strategies?
What are the pros and cons of adopting the UBP model?
While UBP offers many benefits, it is not suitable for every company or every industry. Let's look at some popular usage-based pricing examples and the success they have had with this pricing strategy, with many reporting increased net revenue retention (NRR) .
Example of infrastructure usage-based pricing
Snowflake, Inc., a cloud-based data warehousing and analytics company, offers a solution for storing, managing, and analyzing data. Offering a free trial, pricing is based on two factors — the greece mobile database amount of data stored and the amount of computing resources used.
Storage charges are based on the number of bytes stored per month, plus the cost of moving data between clouds. Compute charges are based on the number of credits used to run queries, and depend on the plan purchased - Standard, Enterprise, or Business Critical.
Is it easy to track usage metrics for your products and services?
-
- Posts: 53
- Joined: Sat Dec 21, 2024 3:41 am