Every company is different. That’s why we craft custom 8 - 12 week engagements in a 3-phased approach, taking your company from design to implementation.
Design
Craft a testable hypothesis through best practices, case studies, and executive workshops
Understand the product drivers of value and how customer needs differ by segment
Use data analysis to find signals of elasticity and willingness-to-pay
Validate
Test pricing hypotheses with Voice of Customer research, including customer and prospect interviews
Field large scale quantitative studies to measure willingness-to-pay
Ensure that pricing is neither confusing nor unfair in the eyes of the customer
Grow
Model the business impact of changing to a new monetization model
Implement and execute a rollout plan, including operations and customer communication
Forecast and track leading indicators to know that the change is successful
CHOOSE THE PLAYBOOK THAT FITS YOUR NEEDS
…
CHOOSE THE PLAYBOOK THAT FITS YOUR NEEDS …
PRICE CHANGES
Discover your customers’ willingness-to-pay
and set your prices accordingly
REPACKAGING
Create better bundles and packages to increase cross-selling and speed up your sales cycle
BUSINESS MODEL SHIFT
Transform your business to a subscription
or usage-based business model
Case Study: AI Company Launches a New Product
Problem
A mid-sized software company was launching a new AI-based product that, if used frequently, would cause the company to bear massive costs from cloud and LLM providers.
Approach
Crescendo relied heavily on market research and data analysis to determine the willingness-to-pay for the product, and how price elasticity varied by customer segment.
Recommendation
Rather than tie the price to forecasted costs, the company created a new set of bundles that more heavily featured the AI product. Then they repriced the bundles to account for the extra value the new product was creating for customers.
Result
1 month after launch, the company saw a 20% increase in conversion rates post-trial. Usage remained in-line with expectations, leading to fast but measured growth.