AMA: Gong Director of Pricing & Packaging Strategy, Daniel Kish on Pricing and Packaging
November 10 @ 10:00AM PT
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FICO Sr Director Strategy & Pricing • 3y
Short answer is as early as humanly possible. Also probably don't launch in your Q4 (Q1 at your Sales Kick-Off is great if you can swing it!). The key is maximum mind ...
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FICO Sr Director Strategy & Pricing • 3y
There's no hard and fast rule here (ugh the "it depends" answer). In truth it's a function of your product maturity, your buyer's sophistication, and use case differenti...
2054 Views
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FICO Sr Director Strategy & Pricing • 3y
The price is traditionally based on two things: How much value the thing is or has created How much the provider splits that value capture with the customer Some strate...
1139 Views
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FICO Sr Director Strategy & Pricing • 3y
Let's assume that you've got the pricing set, the feature packaging defined, and the product technically built. What happens next? Enablement! My laundry list of things...
8715 Views
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FICO Sr Director Strategy & Pricing • 3y
Really depends where you stack up in the competitive ranking. Let's say there are three products: Mercedes, Toyota, Pontiac. The price reflects the package. That's why...
3722 Views
2 requests
FICO Sr Director Strategy & Pricing • 3y
Basically, you do both. Working for premium product companies, you tend to optimize for customer value learnings. And then obviously recognize the reality of a compet...
728 Views
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FICO Sr Director Strategy & Pricing • 3y
For starters, going multi-product is hard! Like, really hard! And it's typically for reasons outside of pricing and packaging: sellers need to communicate a bigger narr...
2287 Views
4 requests
FICO Sr Director Strategy & Pricing • 3y
If there are lots of products, typically you want someone minding the entire purchasing POV. That means pricing is typically owned by Product Marketing. Product tends...
3628 Views
1 request
FICO Sr Director Strategy & Pricing • 3y
It certainly can! Usability is a big reason why some companies win a bake-off vs. a competitor. The winner gets to say: "Yeah their product is cheaper, but our design/...
1332 Views
1 request
FICO Sr Director Strategy & Pricing • 3y
I like to start from a place of trust: give customers a credit for the difference. Think about how much more likely you are to come back to a restaurant who made a mista...
757 Views
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FICO Sr Director Strategy & Pricing • 3y
Someone is theoretically in charge of the product roadmap (Head of Product, CEO). They're your best friend. Use them! I find that a bi-monthly sync on state of the roa...
1832 Views
1 request
FICO Sr Director Strategy & Pricing • 3y
The short answer is: think really hard about your buyer. Usage-based pricing makes a huge amount of sense for small teams who want to experiment. Hence why you see st...
1762 Views
1 request