article thumbnail

Composability and usage-based pricing go hand-in-hand for martech applications

chiefmartech

Martech software companies — and SaaS vendors in general — have several different ways they can charge for their products. The classic SaaS subscription models have used seat-based and tier-based pricing. As a buyer, you pay for the number of people (“seats”) using the product in your company.

Pricing 97
article thumbnail

5 e-commerce pricing strategies to drive conversions in B2B

Sana Commerce

Having an effective e-commerce pricing strategy is one of many key differentiators between B2C and B2B web stores. The reason is simple: While a B2C pricing strategy is usually built on impulse purchasing, B2B web stores need to think more strategically about the way they sell their goods. What are pricing strategies in B2B e-commerce?

Pricing 52
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Ultimate Pricing Power Part IV: THE FINAL STEPS TO A SUCCESFUL PRICING STRATEGY

Mereo

Previously we laid the groundwork for an effective pricing strategy , setting goals and gathering key inputs. Now it is time to take the final steps toward your ultimate pricing power. Pricing affects external AND internal behaviors. The issue becomes how your pricing model affects your sales team compensation plan.

Pricing 36
article thumbnail

Ultimate Pricing Power Part II: UNLOCK YOUR POWER WITH 4 KEY PRICING PRINCIPLES

Mereo

Rather than assign an ambiguous, arbitrary cost to their subscription services, they recognized that pricing was key for both their organization’s and their buyers’ long-term success. Pricing can be a highly debatable, emotional subject, both internally and externally,” Minda Marshall, VP of Business Development, said.

Pricing 41
article thumbnail

BlueVenn Bundles Omnichannel Journey Management, Personalization, and Single Customer View

Customer Experience Matrix

The company offers what it calls an omnichannel marketing platform that builds a unified customer database, manages marketing campaigns, and generates personalized Web and email messages. Pricing is based on the number of sources and contacts, starting at $3,000 per month for two sources and 100,000 contacts.

article thumbnail

THIS IS HOW YOUR CUSTOMERS WANT YOU TO COMMUNICATE PRICE INCREASES

Mereo

Strong consumer demand and pandemic-related supply constraints continued to push up prices in January.” Wholesale prices jump 9.7% Sales teams often do not have a vast store of knowledge to communicate price increases. With the extent of the price increases in this current environment, your salespeople cannot afford to wing it.

Pricing 45
article thumbnail

How marketers can use cognitive biases to influence customer decisions

Martech

To nudge buyers towards the higher price point, the marketers at the Economist added another option: Print-Only Subscription: $125. Yes, the new option was priced the same as the digital and print version, but it didn’t include access to digital content. Next, you want to focus on the desired price point, which is, say $14.99.

Bundling 104