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Another practical advantage of not naming your price is that it ensures you get maximal contact with your market. If you publish a pricing matrix, some percenta
by moe 17y ago
Another practical advantage of not naming your price is that it ensures you get maximal contact with your market. If you publish a pricing matrix, some percentage of your market will (almost by definition) "price themselves out" of your product.
I call myth.
In the general case when there is an offering A that costs a known figure $X and an offering B that costs a phonecall only to get a quote then I won't even bother making that call unless there is a serious headache with offering A.
Not telling a price speaks "we are more expensive than the others". It also speaks "we will waste your time with phone conferences and powerpoint presentations" and "we wear ties and are very important, probably much more important than you".
None of that gets my business if I can avoid it.
- tptacek 17y agoAlmost every enterprise product is "solution priced", with no published price list. You're getting upvoted because people don't like solution pricing, and I don't blame them. We're not doing it either. Your general buying approach is probably sound most of the time, because the companies who publish their prices are usually the price leaders. In most markets there's a price leader (Honda), a premium leader (BMW), and a couple of niche players. Going wide with an attractive price list is the right call for the price leader.