Question
Topic: Strategy
Pricing Service For Newly Acquired Customer Base
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We acquired the group for (a) potential support revenue at little/no overhead for us, and (b) possible transition for some of the larger accounts, to our software solution.
I would really appreciate your feedback:
1. would you increase support pricing off the bat or wait? how would you introduce higher support prices?
2. How do we know what pricing they can bear?
3. how do we prevent losing them to a competing low-end product (we have an aggressive competitor at their price point)
4. how do you identify easily who is a good candidate for our more expensive business management solution?
5. is there a way to easily and clearly show them that they are getting more value/better support with us?
thank you so much!!!! this is a very exciting but a daunting project for us.
regards