Tool · 10 min read

How To Use The Van Westendorp Price Sensitivity Meter

SurveyMonkey Freemium Beginner

A practical, runnable four-question survey you can send your current audience this week to find out, empirically, whether they have any price range at all for what you're building. This turns 'they can't afford it' from a feeling into a number.

  • Four simple questions (too cheap, good value, expensive, too expensive) map an acceptable price range.
  • You can run this on your existing waitlist or users before building anything new.
  • A near-zero acceptable range across your whole audience is itself a strong signal about the ICP.

The question it answers

  1. My ideal customer can't afford my product. Did I define them wrong?

Read with it

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  4. The best book on positioning against competitors by understanding the alternatives customers actually consider. Directly turns... aprildunford.com Book · ~200 pages Obviously Awesome: How to Nail Product Positioning so Customers Get It, Buy It, Love It April Dunford
  5. Patrick Campbell built ProfitWell on pricing data from thousands of companies, and this is the single best free deep-dive on... lennysnewsletter.com Article · long-form guide Pricing Your SaaS Product Patrick Campbell (ProfitWell), via Lenny's Newsletter
  6. The most concrete guide to actually measuring what customers will pay, including survey methods and tier design. It turns... lennysnewsletter.com Article · long-form guide The Ultimate Guide to Willingness to Pay Lenny Rachitsky & Patrick Campbell
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