Phase 10 · Monetization & Business Metrics

Topics

Pricing Strategy

Part of the Product Management Roadmap.

Summary

Setting a price isn't just cost-plus math — value-based pricing anchors on what the product is worth to the customer, competitor-based pricing anchors on the market, and each fits different situations.

How to Learn This

  • 1Compare the pricing pages of 3 competing products and infer their strategy.
  • 2Learn the difference between value-based, cost-plus, and competitor-based pricing.
  • 3Practice a simple willingness-to-pay thought experiment for a product idea.
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