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Willingness to pay, measured.

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The Willingness to Pay Study

One pricing decision, measured.

Before anyone has bought, we use trade-offs against what customers already spend on the alternative they use today, corrected for the way stated answers run high. Once customers are paying, we read what they do. Either way, you get a range you can defend, with its margin of error.

Jump to your moment

How it runs

Six weeks per stage

Fixed scope. The strongest evidence the stage allows.

Week 1

Frame

Your pricing decision, written as a claim that could be wrong.

Week 2

Listen

Interviews with each customer group.

Weeks 3–5

Measure

Trade-offs, committing offers or what customers have done, depending on the stage.

Week 6

Decide

A range with its margin of error and evidence rung, and the price inside it.

Each stage is its own study. A new product adds up to two weeks to recruit buyers before week 1.

Four moments

What the study decides at each moment

A new product

Launch / IntroductionTwo stages, two studies

Find out whether it is worth building, then set the launch price before it goes on sale. The launch price becomes the reference for every renewal.

Before build

Where it is
An idea or a spec
The decision
Is it worth building, and at what price range?
How we measure
Trade-offs against what buyers use today; deposits from design partners
Strongest evidence
Asked; Observed where deposits are paid
What you get
The range buyers would accept, and whether revenue at that range justifies the build

Before launch

Where it is
Built (demo, trial or beta), not yet on sale
The decision
The launch price, and the path to the intended price
How we measure
Buyers react to the real product; pre-orders, pilots and a price test where volume allows
Strongest evidence
Up to Measured with enough self-serve volume
What you get
A launch range and the recommended price inside it

Once the price is live, a post-launch check compares what customers do with what the study found. Consultancy: the post-launch check

A new feature

Feature / GrowthTwo stages, two studies

Find out whether it is worth building, then decide how to charge for it: as an add-on, in a higher tier, or included.

Before build

Where it is
On the roadmap
The decision
Is it worth building, and how will it earn its keep: charged for, driving upgrades, or reducing churn?
How we measure
Trade-offs on your current plan, as it is and with the feature; a prepaid early-access fee
Strongest evidence
Asked; Observed where fees are paid
What you get
The likely effect on revenue for each customer group, and whether it is worth building

In beta

Where it is
Built, running with a beta cohort
The decision
Its price and packaging: add-on, higher tier, or included
How we measure
A paid beta; new customers see different add-on prices at random
Strongest evidence
Observed; Measured for new customers
What you get
The price and packaging, with the effect at the next renewal as a forecast to check

Once the price is live, a post-launch check compares what customers do with what the study found. Consultancy: the post-launch check

A pricing refresh

Refresh / MaturityOne stage, one study

Raise prices on what customers already have, knowing who will stay. Every rise is measured against the last price paid.

Before the rise

Where it is
Selling; a rise is planned but not announced
The decision
How much to raise, for whom, when, and on what terms for existing customers
How we measure
What your customers have already done: renewals after past rises, discounts, win and loss by price
Strongest evidence
Observed
What you get
The rise for each segment, the revenue at risk and grandfathering terms

Rolling the rise out, segment by segment, can follow as consultancy. Ways to work with us

A successor or a sunset

Migration / DeclineOne stage, one study

Price the successor so staying beats switching, before a product or plan is retired.

Before migration

Where it is
The legacy plan is selling; the successor is defined; retirement is planned
The decision
The successor price and the first-wave offer
How we measure
Migration interviews, legacy against successor trade-offs, legacy churn
Strongest evidence
Observed; Measured for new successor buyers
What you get
The successor price, the first-wave offer and the revenue at risk

The study sets the first-wave offer. Reading its results and setting later waves follows as consultancy. Ways to work with us

How we work

Five standards behind every result

  1. 01Assumptions in the open.Each one is written down with where it holds and what would disprove it.
  2. 02Behaviour over statements.What customers do outweighs what they say. Where there’s no behaviour yet, stated answers are corrected for the way they run high. We never randomise what your existing customers pay.
  3. 03Evidence graded.Every claim is placed on the Evidence Ladder, so you know whether it was assumed, asked, observed or measured.
  4. 04The margin of error, stated.Every number tells you how sure to be of it.
  5. 05Every claim traced.Each recommendation links back to the evidence behind it, so it can be checked and defended.

Price tests

Groups chosen by chance, where we can

When we test a price, new customers or prospects are assigned to groups by a rule unrelated to what they would pay. We never randomise what your existing customers pay: before a price rise, we read what they have already done (who renewed after the last rise, who left, and how far deals were discounted).

Your team

What we’ll need from you

Roles

A sponsor and a product manager throughout. Depending on the stage, someone from RevOps or finance to share data and answer our questions about it, an engineer to build any price test, and legal to sign it off. We agree the hours with you at scoping.

How it’s priced

A fixed fee for each stage, agreed at scoping. Any panel recruitment and incentives are passed through at cost.

After the study

Acting on the findings

Consultancy to put the price into market, including a post-launch check. Advisory for the decisions that follow.

Ways to work with us

Which decision are you facing?

Tell us the moment and the stage, and we’ll tell you what the study can show.

Talk about your pricing decision