Monthly Archives: September 2020

A good pricing page should be… Transparent on the list price – If you’re embarrassed about your list price either your pricing team is lazy, sales people are lazy, or your product team is building anything that sticks without a clear vision Clear on what is included in each package and why each feature isContinue reading “What a pricing page should be”

I think it’s a reasonable guess that most enterprise software companies in the IaaS, PaaS, and SaaS space have had a conversation about consumption pricing in the last 2 years. Despite being all the rage, it’s clearly a fit for Snowflake’s business model and this post will explore how it works. The definition of consumptionContinue reading “Snowflake Packaging & Pricing (part 2)”

Pricing & packaging is one of the hardest parts of a company’s business model to sustain. Let’s look at how Snowflake does it. Packaging Snowflake has 4 editions: Standard, Enterprise, Business Critical, and Virtual Private Snowflake To make your packaging work at different price points, always make sure that the features are different enough inContinue reading “Snowflake Packaging & Pricing (part 1)”

Dominating the news today is that Snowflake’s IPO is the largest tech stock in history raising $3.4 billion. As I’m writing this, some analysts are even predicting that the stock may double in price as soon as retail traders are allowed to buy. What does Snowflake do and what can we learn about its pricingContinue reading “What’s with Snowflake?”

Today’s price comes from the world of mergers and acquisitions. Snowflake, according to the WSJ, has priced its IPO at the top end of the range in a deal that values the company at $30B. This is a thing people say a lot in the news – what does it mean? To start, we knowContinue reading “Prices are everywhere (1/n)”

A simple pricing strategy can be broken down into a few key things to settle on once you have the product as a prerequisite: The list price of the item (e.g. $20) The price unit/metric (e.g. $20 per shoe) that you add more of The package of what is included (e.g. shoe laces + theContinue reading “Demystifying a pricing strategy”

The best starting point is “Confessions of the Pricing Man: how price affects everything,” by Hermann Simon. If you want to learn how to do practical pricing strategy, this is is the book to read first. Other personal favorites – which have pricing as a consistent thread – include: MoneyStuff (a BloombergView Opinion column) byContinue reading “My favorite pricing resources”