How to decide/setup life-time pricing?

Question

Gunjan Karun · Accepted Answer

I guess, in the beginning it is just a calculated guess.

But when your product matures and you have a history of users, you have more clarity on the Life Time Value (LTV) of your customers.
The LTV will drive your life-time pricing.

Answer

To set up lifetime pricing think about my long term costs.

Answer

If my business plans to expand in the future lifetime pricing might limit revenue growth over time

Answer

If you can offer an additional incentive like early access or exclusive features, it can help justify a higher lifetime price.

Answer

I think testing different tiers of lifetime pricing helps. You can start with a lower price and then increase it after gathering feedback.

Answer

I make sure to offer lifetime deals only for a limited time this creates urgency while helping me gauge interest before I decide on a permanent price.

John Campbell · Answer

Lifetime pricing can be tricky because you're locking in revenue upfront. I like to offer bonuses for those who commit early to sweeten the deal.

Praveen chary · Answer

@gunjan_karun Okay. Thanks

How to decide/setup life-time pricing?

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