Web3 pricing and business models | Maggie Hsu and Jason Rosenthal | Summary and Q&A

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May 5, 2023
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a16z crypto
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Web3 pricing and business models | Maggie Hsu and Jason Rosenthal

TL;DR

This presentation provides insights on pricing strategies and business models, covering topics such as different pricing approaches, tiered pricing, marketplace models, SaaS businesses, and value-based pricing.

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Questions & Answers

Q: How should I determine the right price for my product?

It is recommended to conduct an A/B test with different pricing tiers and gather feedback from potential customers. This can help determine the optimal price point and understand customers' willingness to pay.

Q: How can I differentiate my pricing within my product offering?

Segmenting your product offering and creating different tiers with varying features and prices can cater to different customer segments. This allows you to capture a wider range of customers and provide options that align with their needs and budgets.

Q: When should I introduce pricing during a sales cycle?

Pricing discussions should be introduced when there is genuine interest from the customer and they are interested in learning more about your product. It is important to gauge the customer's level of interest and ensure they see value before discussing pricing.

Q: How do I approach pricing in a competitive market?

Understanding the alternatives and competitive offerings is crucial. It is important to gather information about competitors' pricing and value propositions to ensure your pricing is competitive and provides unique value to customers.

Summary & Key Takeaways

  • The presentation focuses on six key questions for founders and CEOs to consider when it comes to their business model and pricing.

  • Different pricing approaches are discussed, such as user-based pricing, usage-based pricing, feature-based pricing, value-based pricing, transaction-based pricing, revenue sharing, service-based pricing, and dynamic pricing.

  • The presentation also covers pricing strategies for marketplace models, SaaS businesses, and businesses offering downside protection.

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