I have seen many websites, especially SaaS, offering discounts for students and NGOs.
Besides the obvious fact that you are helping other people and no doubt that's great, I am wondering how does this impact in the general profits/revenue of the product. I guess a (usually) 25% discount maybe cuts a little bit the margin but increasing the exposure to your product can also attract other customers not eligible for the discount.
Does anyone have experience or do you know of any companies that wrote about this? Thank you!
I did this for a bit with a small SaaS business I used to run. Unfortunately, it never really found traction, so I can't tell you that the discount led to much extra exposure. But I did win some sales that I had no chance of winning otherwise.
It was very general purpose software, and if I could go back and do it over again, I would've focused on delivering more specific value to business customers. I'm not convinced students would've been a valuable customer for me.
This comment was deleted 7 years ago