How did you decide the price of your product or service?
Shreya Gupta
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Kabir@mjkabir
If the product is comparable with others than market price will dictate the price of the new product.
in my case, I am launching a free version first, and pro and business accounts later. I estimated the cost of resources (AI API credits, cloud infra, customer service tax, etc.) and came up with a pricing model but for initial phase - for say 12 months — i will heavily discount these prices to acquire paid customers. For first 3-6 months, focusing on free users for word of mouth advertising and beta testing and tweaking.
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