Usage-Based Pricing(UBP)
- When implementing a UBP model, prioritize allowing for maximum usage flexibility and pricing transparency for your customer.
- Create the option for customers to commit to your product for an extended time period for a pricing discount.
- Emphasize the benefits of UBP to your investors and get them excited about usage-based metrics.
- Don’t hesitate to automate financial processes when you are ready to scale.
- Don’t let your financial team exist in a vacuum. Collaborating with outside teams will help your team do their job more accurately and be prepared for change.
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