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A comment on Those making $1,000+/month on side projects – what did you make?. Parent comment

Re:Those making $1,000+/month on side projects – what did yo... by sloppiiiii on Wednesday January 07, 2015 @02:00PM (#8852499)
Hi - how did you determine pricing for a niche?
[ Parent | on HN ]
Re:Those making $1,000+/month on side projects – what did yo... by leesalminen on Wednesday January 07, 2015 @07:08PM (#8854224)
In my niche, there are 2 legit SaaS providers.

-One charges $85/month, has decent support but a disliked and old product.

-The other charges $60/month, has poor support and a very slow product (~30 sec. page load time)

I knew that I had a superior product (months of real-world testing) and that our business wanted to make support a priority.

In the end, we priced at $100/mo or $1000/yr. It's higher than everyone else which implies a better product (kinda). I haven't run into sticker shock yet for anyone with an existing business.

We're planning on raising the price >20% for new customers within 6 months.

[ Parent | on HN ]