Your pricing is a signal of your confidence and your expertise. Undercharging doesn't make you humble — it makes you broke.
AWS charges you to move your own data out of their cloud. We charge zero egress fees. Let the customer decide where to put their data without being punished for moving it.
ZoomInfo charges $30,000 a year. We charge a fraction of that for data that's just as accurate. The sales data market was overpriced for decades. We fixed that.
Glasses have been around for 800 years. The technology hasn't changed much. The only innovation in the last century was figuring out how to charge $700 for them.
The old banks charge you to exist. Monthly fees, transfer fees, paper statement fees. We charge zero. And we still make money. That tells you how much they were overcharging.
We sell generic finasteride for $25 a month. A dermatologist visit plus brand-name Propecia costs $300. Same drug. Same result. 12x cheaper. That's the whole pitch.
A dress on Shein costs $8. A similar dress at Zara costs $50. We can do that because we ship directly from the factory to the customer. No warehouse. No retail store. No middleman. That's $42 of fat we cut out.
People ask how we sell a dress for $3. The answer is: we skip every middleman. Factory to app. No warehouse, no brand markup, no retail rent. The $3 dress costs $1.50 to make. The margins are thin but they exist.
Amazon charges sellers 40% in fees. We charge almost nothing. Sellers keep more. Prices drop. Consumers win. This is not complicated. It's just a fee structure nobody else was willing to offer.
We charge one euro per trade. That is not a business model built on trading fees. It is a business model built on getting 50 million Europeans to start investing.
Indian brokers were charging 0.5 percent per trade. We charged a flat 20 rupees. That is like charging 25 cents instead of 50 dollars. The industry thought we were insane.
Usage-based pricing means our revenue grows automatically when our customers grow. We do not have to renegotiate contracts. They add more servers, we send a bigger bill. It is the most beautiful business model in SaaS.
Datadog charges $31 per host per month. Our open-source stack is free. Grafana Cloud is a fraction of their price. We are not trying to out-feature Datadog — we are trying to make observability affordable for everyone.
A $2,000 phone that does the same thing as a $500 phone is not a superior product. It is a tax on people who don't know any better.
When I launched Free Mobile at €2 per month, the telecom industry called me insane. Their stock prices called them overpriced. The market agreed with me within weeks.
The BYD Seagull costs under $10,000. A good electric car doesn't have to cost $50,000. If it does, you've failed at engineering. Our job is to make EVs affordable for everyone, not just the wealthy.
I charge students $5 for a course that Byju's charges $500 for. The content is the same quality. I just refuse to bankrupt families for education.
The $9.99 sale gets a lot of criticism. But it means a student in Bangladesh can learn Python for the price of lunch. That is the point.
The Bloomberg Terminal is $25,000 a year and people pay it without blinking because it makes them millions. Price does not matter when the value is clear.
I would have raised the price higher. That's probably what I would have done. I think health care prices are inelastic.
SoulCycle charges $35 per class. Peloton is unlimited classes for $44 per month. The math sells itself.
Lululemon charges $128 for leggings. Ours are just as good at $59. In a recession, we win that comparison.
The commission model was the key. Hotels pay nothing to list. They only pay when they earn. Zero risk for the hotel means everyone says yes.
Unlimited was a money bonfire. We were paying studios more per member than we charged. The credit model saved the business. And made half our users hate us.
A tomato that costs the farmer 5 rupees sells to the restaurant at 40 rupees. Five middlemen take their cut. We cut four of them out.
Pay what is fair. You decide what our services are worth to you. Some people pay zero. Some pay $10. On average, it works.
Informal moneylenders in Nigeria charge 100% monthly interest. We charge 10-30%. We're not cheap by Western standards. We're revolutionary by local standards.
Enterprise software should not cost more than a car. That is a market failure we can fix.
If a customer is not profitable for UPS, we need to have a conversation about pricing. Every customer relationship has to work for both parties.
We never discount. The moment you discount is the moment you tell your customer it wasn't worth full price.
When Home Depot came into our markets, we made sure our prices were better. That was the whole plan.
We are not in the business of selling merchandise. We are in the business of giving our members value.