You're launching a new subscription-based service. How can you set prices to attract and keep customers?
Launching a new subscription-based service is an exciting venture, and setting the right price is crucial for attracting and retaining customers. Price too high, and you risk alienating potential subscribers; too low, and you may undermine the perceived value of the service or fail to cover costs. Your pricing strategy should reflect the value provided, be competitive within the market, and take into account the costs of delivering the service. It's a delicate balance, but with careful consideration and a strategic approach, you can set a price that appeals to customers and sustains your business.