You don’t lose deals because your pricing is confusing. You loose them because buyers are confused by your pricing.
There’s a difference. The second recognizes that you, the product marketer, can bridge the gap by helping buyers grasp your pricing more easily.
Pricing calculators are one way to do that.
Here’s a great example from HubSpot, who created a Total Cost of Ownership (TCO) Calculator.
For a large platform like HubSpot, with numerous products and optional add-ons, calculators like this are a critical tool for helping buyers make sense of their pricing.
Here's what I love about it:
- It has a currency converter, letting buyers look at pricing in their own currency
- It has a comparison column, making it easy to compare investments across vendors
- It has a number of helpful tooltips, many noting that a high % of customers pay $0 for many of their features