Unlock $2 Billion+ in Additional Revenue with Priority Support
Learn how to unlock $2 billion+ in additional revenue with priority support, an add-on high-growth companies sell that you don't. Implement it in 48 hours without any code.
Patrick Campbell
Bootstrapped and sold @profitwell for over $200M to @paddlehq. Deep expertise in pricing, retention, and high output management. How can I help?
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I built the pricing for 400+ companies, unlocking $2 billion+ in additional revenue.
— Patrick Campbell (@Patticus) June 22, 2023
There's one add-on high-growth companies sell that you don't.
You can implement it in 48 hours without any code: -
Add-ons are a piece of your product you charge separately for.
— Patrick Campbell (@Patticus) June 22, 2023
Why do that?
Parts of products only appeal to certain customers. If given to everyone:
- You don't get paid for it
- Most customers don't appreciate it
So why include it?
Here's the add-on everyone can use 👇 -
Everyone should charge for priority support.
— Patrick Campbell (@Patticus) June 22, 2023
Someone wants calls or emails answered first - charge them.
"But all support should be great"
"No one will buy it!"
"This will add cost"
"We're a consumer product"
Shhh.
Pricing Zaddy's got you.
Here's all the proof this works 👇 -
Priority support always computes as an add-on in pricing analysis.
— Patrick Campbell (@Patticus) June 22, 2023
Millions of data points.
All product types.
No change over ten years.
There are at least 20% of your customers that don't like to wait AND are willing to pay not to wait.
Take their money.
Here's how much 👇 pic.twitter.com/jwUCHLbgn8 -
Historically you can charge ~10% of your core product price for priority support.
— Patrick Campbell (@Patticus) June 22, 2023
Doesn't matter if you're:
- Sub e-commerce
- $10 consumer app
- B2B software
The 10% rule's consistent.
The real beauty: it's pure profit.
"Wait - how? We're adding cost?"
No, we're not 👇 -
With priority support you don't change anything about your support.
— Patrick Campbell (@Patticus) June 22, 2023
Keep it great.
Keep it mediocre.
Whatever.
You're just routing those who pay to the front of the line.
If you're advanced, you'll give an SLA, maybe sprinkle in some things, etc.
But you can keep it simple. -
Ok, back to the pricing cave.
— Patrick Campbell (@Patticus) June 22, 2023
Reply with any questions.
I'll be around to answer.
And if you found this helpful, you should retweet the thread - I put the first tweet below so it's easy for you to click. :)https://t.co/yRrxjn9kAu