Should You Raise Prices?

beginner

Framework to evaluate pricing changes and avoid customer backlash.

When to use this:

  • Haven't raised prices in 2+ years
  • Margins are squeezed
  • Added significant value
~10 min8 questions

Framework Details

Category

Product Decisions

Difficulty

beginner

Estimated Time

~10 minutes

When to Use This

  • Haven't raised prices in 2+ years
  • Margins are squeezed
  • Added significant value
  • Competitors have raised prices
  • Moving upmarket

Warning Signs

  • Raising prices to hit revenue targets without value increase
  • Competitors are lowering prices
  • Recent product quality or support issues
  • High existing churn rate
  • Sales team can't articulate value proposition