Premium Enterprise Pricing

A discussion about how companies often underprice their premium products, using examples from newsletter businesses to illustrate the potential of enterprise pricing strategies.

Key Pricing Strategy Insight

  • The difference between $300/year and $30,000/year products often requires less additional work than the price difference suggests
  • Companies frequently make the mistake of charging too little for premium offerings
  • Enterprise products can command much higher prices with relatively similar effort

Example Business Model Transformation Ideas

Data-Related Premium Products

  • Salary benchmarking for crypto companies

    • Collect user salary data and job titles
    • Package insights for HR departments
    • Sell to corporate customers instead of individuals
  • Sentiment Analysis Services

    • Track retail investor behavior and opinions
    • Package data for banks and large buyers
    • Focus on Discord and community insights
    • Provide professional analysis of informal channels

Organizational Intelligence

  • Create detailed org charts for crypto companies
    • Map out who's behind different projects
    • Include contact information
    • Provide trust analysis and legitimacy scoring
    • Target banks, investors, and corporate buyers

Value-Based Pricing Benefits

  • Requires fewer customers to achieve same revenue
  • Often involves similar work effort as lower-priced products
  • Creates opportunity for additional premium services
    • Conferences
    • Direct access
    • Custom research
    • Enterprise support

Implementation Strategy

  • Start small with enterprise offerings
  • Focus on data that's within core competency
  • Target what advertisers and corporate clients would want
  • Package information more professionally than current sources
  • Build trust analysis into the product offering

The key insight is that charging $30,000 instead of $300 doesn't necessarily require 100x more work, but can generate significantly more revenue with fewer customers.

30:02 - 31:40
Full video: 58:52
SP

Shaan Puri

Host of MFM

Shaan Puri is the Chairman and Co-Founder of The Milk Road. He previously worked at Twitch as a Senior Director of Product, Mobile Gaming, and Emerging Markets. He also attended Duke University.

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