Two reasons. First and foremost, $4.99 lifetime is it enough to support a customer forever. You have servers to maintain, a customer support team to pay, and also you have to put food on the table. I’m pretty against “lifetime” and “unlimited lol pricing for hosted software.
Second, pricing is a signal. By pricing extremely low you’re going to attract people who care about getting the lowest price possible and from personal lived experience these are basically the worst, most demanding customers.
I was thinking that I would start with $5 for a lifetime while I see if anyone would be interested in the idea, then maybe expanding to $5 a month.
But Yeah, I could see that, you would attract customers that would keep demanding more and more unless they will leave. That could have been a bit of a mistake.
So I'll up it to $15 per month, Thank you for your help Pete :)
Second, pricing is a signal. By pricing extremely low you’re going to attract people who care about getting the lowest price possible and from personal lived experience these are basically the worst, most demanding customers.