Service Area: Sales & Marketing
Client Type: Upper-Middle Market PE Firm
Service Provider Type: Pricing Strategy Consulting Firm
Industry: Technology – Software
A customer engagement platform company, specializing in software for transactional websites and mobile apps, sought to reformulate its pricing strategy. Moving from a traditional SaaS model to a more value-based approach, the company aimed to better align pricing with the value delivered to its customers.
The primary challenge was shifting the pricing strategy from a fixed, monthly SaaS model to a dynamic, value-based system. This required an expert understanding of the value created for customers and the development of a pricing model that reflected this while enhancing sales and conversions.
BluWave identified and connected the company with a short list of consultants experienced in reformulating pricing strategies for enterprise SaaS companies. The candidates each had a strong foundation in enterprise software, with experience in establishing governance and competency frameworks for pricing.
The client selected the best fit for their situation. This individual helped the company developed a holistic pricing strategy that was more closely aligned with the value provided to its customers. This approach enabled natural lifts and expansion of customer cohorts, driving growth and profitability in a more strategic and effective manner.