Get Started with Pricing Strategy Consulting

Join companies like Zoom, DocuSign, and Twilio using our systematic pricing approach to increase revenue by 12-40% year-over-year.

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Is it worth matching competitor features in our pricing tiers to enable direct comparisons?

Based on our saas pricing book, Price to Scale, it's generally advisable not to simply mirror competitor feature sets in your pricing tiers for direct one-to-one comparisons. Here’s why:

• Matching competitor features exactly tends to make the comparison too straightforward for customers. When prospects see a near-identical list, it can lead them to focus on small differences and may undervalue your unique strengths.

• Our book recommends a more strategic approach: rather than replicating competitors’ package names or features, innovate by differentiating your offerings. For example, if competitors use labels like “Pro” or “Elite,” consider unique names like “Premium” or “Advanced” with tailored feature sets that highlight the distinct benefits your product delivers.

• A well-organized feature grid can be an invaluable internal tool and a sales asset. It clarifies what you sell for both your team and prospects without necessarily inviting direct comparison with a competitor’s offering. This helps to ensure that your pricing remains focused on the value you bring to each customer segment.

In summary, rather than matching competitor features for direct comparisons, focus on differentiating your tiers to emphasize your unique value. This approach, as discussed in Price to Scale, ensures that your product positioning remains strong and that potential customers see the clear benefits of choosing your solution.

Get Started with Pricing Strategy Consulting

Join companies like Zoom, DocuSign, and Twilio using our systematic pricing approach to increase revenue by 12-40% year-over-year.

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.