Increase Monthly Prices

Increase monthly prices to drive more annual plan sales.

Potential upside:

y increasing only the monthly prices, more users are likely to purchase annual plans as the discounts become more appealing. Annual plan customers tend to have better retention, which is likely to increase lifetime customer value (LTV) metrics.

Potential downside:

This may decrease the number of conversions, as new customers looking to try the product without committing will find it more expensive.
pricing

 

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