Ask IH: Is our pricing structure right?
Hi all!
We just started some new experiments on our pricing structure to see how potential paying customers would react.
Our service: https://smartip.io is an IP Geolocation API and we are currently offering the following tiers:
- Free Tier: up to 250,000 req/mo
- Startup Tier: up to 1.5 Million req/mo for $40/mo
- Pro Tier: up to 10 Million req/mo for $150/mo
- Enterprise Tier: need to contact us to discuss
Considering that this is a pretty cluttered market where a lot of services just wrap maxmind data into a different form and charge a fortune just for that, we are trying to be as much competitive as possible.
What do you guys thing about the current pricing structure?
Any suggestions?
This comment was deleted 6 years ago
Following your suggestion and feedback from some of our customers, we are considering to change our pricing structure decreasing the price of the Startup tier and adding a new tier Business which will cover for an higher API request quota.
Here it is what we plan on doing:
This should cover a wider range of developers from indie devs up to medium/large companies.
Any feedback would be highly appreciated.
This comment was deleted 6 years ago
Very good point.
Here it is what we are going to do:
The idea is to start with a ratio of 1/20 between cost and number requests and then decrease such ratio even more moving up tiers.
Thoughts guys?
This comment was deleted 6 years ago
New pricing structure just deployed Live!