How I Closed 10 Customers and Netted Over $70,000 ARR in a Quarter by Adding Just One Paywall in Our SaaS 🤑
The Power of Strategic Pricing
Are you wondering how to create effective pricing and packaging with paywalls for your SaaS? Let me share my experience on how I achieved significant results by implementing a simple yet powerful strategy.
How do I create pricing and packaging with paywalls for my SaaS?
Step 1: Creating Value-Based Pricing
When designing your pricing structure, think in terms of customer value (X). Here's the key:
Freemium plan: Include essential features that solve the baseline customer problem ("Baseline X features")
Premium plan: Offer more value with "Add X" and "Customize X" features
Let's look at how popular SaaS companies implement this:
At TrustCloud
Freemium has essential policies and controls
Premium has ability to add & customize policies and controls
Company | Free Plan | Paid Plan |
|---|---|---|
Figma | 3 design files | Unlimited design files |
Miro | 3 Boards + basic access controls | Unlimited Boards + "Customize" access control |
Notion | Basic web publishing | "Customize" web publishing |
Grammarly | See your writing tone | "Customize" writing tones |
The secret is to take the value you provide to your customers, create a "basic" version for the freemium tier, and offer the "full" version on the premium tier. 👈
How do I gather feedback from your customers about my SaaS paywalls?
Step 2: Gathering Customer Feedback
If you're just starting out, here's a counterintuitive tip: sell individual features 💸💸💸. Yes, you read that right! Make a pitch to sell individual features 👈👈👈
Why? It helps you:
Understand what features customers truly value
Simplify parameters in your growth experiments 👩🏽🔬
Identify the key lever within your package 👀
Afterwards, you find have the information to help you layer on top of this key lever feature and wrap it in a package.
Our Success Story at TrustCloud
At TrustCloud, we applied this strategy:
We received overwhelming feedback on Customizing Controls and Policies
We started selling this feature at $X
We then wrapped this premium feature with other features 🎁
We experimented with different packages, always including our proven Customizing Controls and Policies feature 💰
The result? We closed 10 customers and netted over $70,000 ARR in just one quarter by adding this single paywall.
Conclusion
Creating effective paywalls is a fun problem to solve 🙂 Remember, it's all about understanding and delivering customer value. Experiment, gather feedback, and don't be afraid to sell individual features to find your key lever.
Read the comments here: https://www.linkedin.com/posts/garyyauchan_plg-buildinpublic-paywalls-activity-7244856028628938752-aDVB?utm_source=share&utm_medium=member_desktop
Post-Sales and Product Led Growth
Retention and Product Led Growth
Roadmaps and Product-led Growth
Or you can follow me on Youtube
https://www.youtube.com/@GaryYauChan/videos

I write daily*** about my learning on launching and leading PLG. Feel free to subscribe.

I am Gary Yau Chan. 3x Head of Growth. Product Growth specialist. 26x hackathon winner. I write about #PLG and #BuildInPublic. Please follow me on LinkedIn, or read about what you can hire me for on my Notion page.










![PLG vs SLG: How to Choose? [Framework]](https://media.beehiiv.com/cdn-cgi/image/format=auto,fit=scale-down,onerror=redirect/uploads/asset/file/add0e243-a663-4f5b-81a5-0554cd609c17/image.png)
![LTV CAC Ratio Payback Formula [Free Download Template]](https://media.beehiiv.com/cdn-cgi/image/format=auto,fit=scale-down,onerror=redirect/uploads/asset/file/44a1862d-a0e4-478c-b87f-038cdd79daef/Screenshot_2024-09-18_at_3.44.16_PM.png)









