#BlackLivesMatter
Managed #WordPress hosting & services for non-technical users like bloggers, biz owners, authors & journalists. Get free WP help @wpmedic
Beginning of the end of ownCloud 🤯
✅Step 1: Offer a free upgrade to Kiteworks.
⌛Step 2: Force the free upgrade to Kiteworks.
ownCloud users should consider migrating to Nextcloud to continue using #opensource software.
#oss#freesoftware#owncloud#kiteworks#foss
Struggling with marketing? 📈
Not getting paid users? 💰
You don't have to do marketing alone.
Get practical advice tailored to your needs and budget with a fractional CMO only an email away.
See my profile for details. Happy to help😀
#buildinpublic#indiehackers#saas
More marketing isn't enough. An effective pricing strategy increases the average order value, increasing revenue. 📈
You need 3 pricing plans to stop leaving money on the table.
My latest post:
https://t.co/3HtCYqx66k
#buildinpublic#indiehackers#saas#pricing#impactpricing
There is no one-size-fits-all approach to running a profitable #buildinpublic#indiehackers business.
@MrNick_Buzz diversified his portfolio by building multiple products: https://t.co/6DHuAp6VDt
@Timb03 focused on building one product:
https://t.co/XPqdp66QFm
💡 One or many products, the key is to be consistent, persistent, and solve a problem.
The Good, Better, Best pricing strategy is a game-changer for revenue growth! 📈💰
By offering tiered options, you capture a broader customer base. Some opt for the basic, while others go all in for premium.
Here's how it works (no threads) ⬇️
This strategy leverages several psychological principles to influence consumer behavior:
1. Anchoring
This strategy presents the middle option (Better) as the most attractive one by positioning it between the lower (Good) and higher (Best) options. The Good option serves as an anchor, making the Better option seem like a reasonable compromise, and the Best option appears more luxurious but still tempting.
2. Decoy Effect
The presence of the Good option is often a decoy designed to make the Better option look more appealing. This can nudge consumers to choose the Better option, increasing the purchase value.
3. Perceived Value
Consumers perceive that they have more control and options by providing three choices. They tend to evaluate their needs and budget against these choices, making them more likely to pick one rather than consider alternatives.
4. Simplicity
The simplicity of choosing between three options reduces decision fatigue, making it easier for consumers to choose. This can lead to quicker purchasing decisions.
5. Loss Aversion
People tend to avoid losses more than they seek equivalent gains. With the Good, Better, Best strategy, customers might choose the Better or Best option because they fear missing out on valuable features or benefits.
6. Social Proof
Seeing three options suggests that others are also making similar choices. When customers see that the Better or Best options are popular, they may be more inclined to select them due to social proof.
Incorporating these psychological principles into pricing strategies can help you guide users toward higher-value purchases, ultimately boosting revenue and profits.
Billion-dollar corporations use these tactics to increase their revenue. As an indie entrepreneur, you can and should, too. Don't leave money on the table.
Are you using the Good, Better, Best pricing strategy? Share your pricing page.
If you found this valuable, re-post, like, and follow 🙏
#buildinpublic #indiehackers #pricing #saas #revenue #strategy #opensource
Every business is a #freemium business. 💡
Your first product isn't your SaaS app. It's your marketing. Your website, blog posts, social media posts, PPC ads, TV ads, billboards, etc. These are free products your business creates for customers to see, hear, experience, and engage with.
When customers sign up, it's an upgrade. ‼️
#buildinpublic #indiehackers #saas #business #strategy #marketing #cx
If you're #buildinginpublic or building an #opensource#foss business, what are you struggling with right now in terms of marketing? 🆘
Reply with your website & brief comment, I'll be happy to offer practical, tailored marketing advice 🙂 🛟
#saas#business#indiehackers
⚡ Persuasion vs. Clarity: Making Customers WANT to Buy from You
You don't have to persuade customers to buy if u align solution to their pain through clarity, making purchase inevitable 💰
https://t.co/CCvOscLC88
#marketing#leadgen#sales#contentmarketing#inboundmarketing