Article · long read
Navigating Monetization Strategies: How to Iterate Pricing While Keeping Your Customers Happy
Kim Courvoisier · Chargebee Free Intermediate
The operational side of a price change: tiered rollouts, grandfathered rates, what to communicate and when, plus data showing 73 percent of subscription companies plan increases. Canva's 300 percent rise tied to new AI features is the case study.
- 73 percent of subscription companies planned a price increase in 2024, up from 62 percent in 2023.
- Canva raised some plans by up to 300 percent on the back of new generative AI features.
- Roll a new price out to small batches of customers first and watch churn before going wide.
- Let existing customers stay on their old plan until they choose to move, even if that takes years.