Did charging too low ever make potential clients doubt your product's quality?
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I used to offer super cheap monthly plans thinking it would make closing deals way easier.
Turns out low prices just made people think the software was cheap and low quality. Once we switched to pricing based on the actual time we save them clients bought it without arguing.
Did you guys ever fall into the trap of underpricing early on just to get easy signups?
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it's easy to keep prices low when you’re just starting. the hard part is raising them later.
Yes, if your price is much less than competitors, some may perceive it of lower value even if it is better. I try to keep my pricing close to, but not above the market rate for similar systems.