[paraschopra]

"MeetingMix charges meeting creators $4.95 a month"

I like the pricing which is so low (especially for the app which is aimed at busy corporates for whom probably $5 is worth less the time it takes them to yawn). Shawn, would be interested in your comments on how you arrived at the pricing?

[sgupta]

We want someone to see this and start using it without worrying about the cost. Before launching we met with managers to understand what prices they're able to expense without needing additional approval. We learned that this wildly varied depending on the company's size though, so we decided to go with the simplest model and price it at the lower end. Hope this helps!

[patio11]

I'd suggest rethinking this post-haste, because a) pricing is a signal of quality and you being cheap makes it unlikely any "serious businessman" will use you and b) the true price of your offering is not the amount of money you charge but the hassle I incur getting the charge authorized either by myself or my line manager, and that hassle does not bear anything like a linear relationship to costs at low dollar amounts.

(Dragging my credit card out of my wallet is far more of an annoyance to me than spending $5 a month, and you should see the form I'd have to fill out to get comped for it. I pay for my own hotels when I work overtime because it causes me less stress to pay $60 than it does to babysit a reimbursement request for two to four weeks.)

[icey]

If you were to guesstimate a price of what you would charge per month, what would you choose?

[paraschopra]

Yes, thanks for reply. But do you mean that you could change the pricing depending on the initial feedback? In that case, won't it be difficult to break the perception?

[sgupta]

We might some day shift to a tiered strategy with different features/prices, but existing users won't be affected.