How I use this statement to think about pricing software products. Everyone is doing the 3-tiered approach with a monthly plan, and a discount annual plan too. So, do I do the opposite? I've written an article about my thinking. I've put the link in the comments.
Phillip Hughes’ Post
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At 3C Software, we’ve been building costing systems for 35 years. We know the fundamentals, what your cost system should be delivering, and how to do it all quickly. So, what are the first steps of building a cost system? Whether you’re redesigning your existing costing system or building your first one, you need to start by considering the basics: What are we trying to do? What do we need to accomplish those goals? The second part of the design and implementation of a new costing system is identifying what questions are being asked of the costing group by the business leaders in your organization. Are they asking for pricing advice? Are they asking about what it would cost to make a new version of a product? Those questions should determine what you build into the costing system. Then, you need to build a costing environment and underlying system that allows you to answer those questions. To learn more about costing topics and if you want to see more videos like this, visit our #CostTalkMinute library: https://ow.ly/5kZi50Piw6m #financeleadership #costing #costsystems
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I help businesses create an efficient, well-oiled machine of a company using AI and Automation | "The Automation Architect"
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