Experimenting with packaging
Plans (a pre-bundled set of prices) simplify how customers buy your product. But they can quickly become outdated as customer needs, willingness to pay, and market conditions shift. If your historical best-sellers no longer drive value, it’s time to refresh your packaging.Start from your existing plan prices
Create a scenario and start from your current plan prices so the hypothesis is grounded in what customers pay today.
Updating price rates
To simulate rate changes for existing prices, work from a copy of your current pricing so each hypothesis is comparable against the baseline.Copy current pricing into a hypothesis
Copy your current pricing into a hypothesis to preserve your baseline for comparison.
Edit the rate or pricing model
Edit the individual rate or change the pricing model on the hypothesis.
Simulating adjustments
Whether you’re planning the rollout of new pricing or understanding the impact of negotiated rates for enterprise customers, simulate the impact of adjustments (including discounts and spend maximums) before rolling them out.Transitioning to a credits-first model
Run an impact analysis of a credits-first pricing model before making the switch. Create a hypothesis with a prepaid credit allocation to understand the revenue contribution of an upfront fixed commitment plus overage spend, relative to your current accrued pricing.
A credits-first model changes how and when revenue is recognized. Review how prepaid and promotional credits work in Flexprice before modeling the transition.