Your guide to PLG pricing 201
How to build an unstoppable monetization engine around your PLG product
The guidance on pricing for PLG products is, admittedly, surface-level at best.
Conventional wisdom tends to go something like this:
Let users try-before-they-buy with either a freemium edition, free trial, reverse trial, or low-price entry package.
Design pricing to be transparent and straightforward so that it doesn’t deter users from signing up.
Make your user-focused features as widely accessible as possible while monetizing team- and org-level capabilities such as single sign-on (SSO), advanced security, invoiced billing, robust admin settings, and premium support.
Select a pricing metric that allows you to seamlessly expand within an account as they deepen their product usage.
These are certainly helpful rules of thumb. And what we’re left with is a starting point for pricing that works well enough for the average PLG startup.
I keep thinking about the 201 version of PLG pricing: how to build an unstoppable monetization engine around your PLG product.
H…
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