abelr | 5 years ago | on: Launch HN: Corrily (YC W21) – Price Optimization for SaaS
abelr's comments
abelr | 5 years ago | on: Launch HN: Corrily (YC W21) – Price Optimization for SaaS
abelr | 5 years ago | on: Launch HN: Corrily (YC W21) – Price Optimization for SaaS
abelr | 5 years ago | on: Launch HN: Corrily (YC W21) – Price Optimization for SaaS
The other aspect is to prevent a user from receiving different prices. To prevent that we do a few things. We remember the prices that were displayed to a user and can make sure an entire country gets the same prices during an experiment.
[1] https://www.comparitech.com/blog/vpn-privacy/countries-netfl...
abelr | 5 years ago | on: Launch HN: Corrily (YC W21) – Price Optimization for SaaS
We think it's pretty cool to align a business incentive (reach more markets) with an economic one (poorer nations and richer nations paying different amounts).
I actually wonder a lot what other people think about this because I think it is an important point. Is it fairer to price differently according to willingness to pay given not everyone has the same purchasing power, or to give the same price to everyone?
abelr | 5 years ago | on: Launch HN: Corrily (YC W21) – Price Optimization for SaaS
abelr | 5 years ago | on: Launch HN: Corrily (YC W21) – Price Optimization for SaaS
abelr | 5 years ago | on: Launch HN: Corrily (YC W21) – Price Optimization for SaaS
[0] https://www.econstor.eu/bitstream/10419/205221/1/de-Streel-J...
abelr | 5 years ago | on: Launch HN: Corrily (YC W21) – Price Optimization for SaaS
abelr | 5 years ago | on: Launch HN: Corrily (YC W21) – Price Optimization for SaaS
abelr | 5 years ago | on: Launch HN: Corrily (YC W21) – Price Optimization for SaaS
In short, price A/B testing is legal and common practice for most companies, and VWO's article seems a bit too quick to jump to declaring it illegal.
[1] https://en.wikipedia.org/wiki/Sherman_Antitrust_Act_of_1890
[2] https://www.law.cornell.edu/wex/Clayton_Antitrust_Act
[3] https://en.wikipedia.org/wiki/Robinson%E2%80%93Patman_Act
[4] https://www.ftc.gov/tips-advice/competition-guidance/guide-a...
[5] https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX%3A...
abelr | 5 years ago | on: Launch HN: Corrily (YC W21) – Price Optimization for SaaS
Then there are smaller companies. Think Seed or Series A companies that focus on getting prices in the right ballpark. For them, we provide a lot of value at first by finding the right price (and country adjustments) at first, and then provide a bit less value when they found prices that seem to work well. We adapted our pricing to reflect it with a low-ish subscription fee to maintain our infrastructure and show localized pricing to their users, and an experiment-linked usage based fee. We're happy with this system as it aligns well with the value we are providing.
Later we will add dynamic promotions (think personalized time-limited promotions based on the user's usage of the app, or country holidays promotions) to increase conversions and help companies be local at scale, which should help us generate ongoing value, even to smaller companies.
abelr | 5 years ago | on: Launch HN: Corrily (YC W21) – Price Optimization for SaaS
abelr | 5 years ago | on: Launch HN: Corrily (YC W21) – Price Optimization for SaaS