Over the last few weeks, I have been constantly working on the extension and adding new features without thinking of changing our pricing even though people have been telling me the price then was too cheap.
I had a starter and pro (all the features) plans which cost 4.99 and $9.9 per month respectively.
On top of that, Chatsilo was a freemium app and each time people install the extension on the Chrome store, they expect to get a license but each account was tied to the person google account.
So I finally gave in and removed the free plan. Turned the extension into a fully paid one with user license system.
I also gave the free as well as current users 60% OFF coupon if they would love to move to any of our monthly, yearly or lifetime plan.
Do I consider the price changes as an experiment?
Well, since after starting this product, I have seen two more chrome extensions with the same idea but with like 20% of the features I have and are charging $29 per month.
Prospects might think my own extension doesn't work as intended and that's why I was charging too cheap.
So, why do I have a great product and be afraid to charge customers.
Now is the time I will discover how valuable this product is to our customers.
Please, comment below and let me know what you think.