Menu
Sign In Search Podcasts Charts People & Topics Add Podcast API Pricing

Parker Olson

đŸ‘€ Speaker
278 total appearances

Appearances Over Time

Podcast Appearances

Founder's Story
He Built a Startup That Books 5% of All Podcast Interviews—With No Code. | Ep. 275 with Parker Olson Co-Founder of Podpitch

You could think about value creation based pricing.

Founder's Story
He Built a Startup That Books 5% of All Podcast Interviews—With No Code. | Ep. 275 with Parker Olson Co-Founder of Podpitch

There's pros and cons to all of them.

Founder's Story
He Built a Startup That Books 5% of All Podcast Interviews—With No Code. | Ep. 275 with Parker Olson Co-Founder of Podpitch

Like we've sort of gone down a bit of like a value-based pricing ethos.

Founder's Story
He Built a Startup That Books 5% of All Podcast Interviews—With No Code. | Ep. 275 with Parker Olson Co-Founder of Podpitch

And the reality is, is like, you kind of just have to try things.

Founder's Story
He Built a Startup That Books 5% of All Podcast Interviews—With No Code. | Ep. 275 with Parker Olson Co-Founder of Podpitch

It's going to be super messy early, but like the important thing is getting money in the door.

Founder's Story
He Built a Startup That Books 5% of All Podcast Interviews—With No Code. | Ep. 275 with Parker Olson Co-Founder of Podpitch

And so what we used to do is like,

Founder's Story
He Built a Startup That Books 5% of All Podcast Interviews—With No Code. | Ep. 275 with Parker Olson Co-Founder of Podpitch

We'd be like, okay, cool.

Founder's Story
He Built a Startup That Books 5% of All Podcast Interviews—With No Code. | Ep. 275 with Parker Olson Co-Founder of Podpitch

Like we're gonna sell it.

Founder's Story
He Built a Startup That Books 5% of All Podcast Interviews—With No Code. | Ep. 275 with Parker Olson Co-Founder of Podpitch

Well, initially off the bat, we knew that, okay, we wanna build a business model that is reoccurring.

Founder's Story
He Built a Startup That Books 5% of All Podcast Interviews—With No Code. | Ep. 275 with Parker Olson Co-Founder of Podpitch

By design, reoccurring business models are more valuable than transactional business models.

Founder's Story
He Built a Startup That Books 5% of All Podcast Interviews—With No Code. | Ep. 275 with Parker Olson Co-Founder of Podpitch

And so that was like a non-negotiable.

Founder's Story
He Built a Startup That Books 5% of All Podcast Interviews—With No Code. | Ep. 275 with Parker Olson Co-Founder of Podpitch

The other non-negotiable is like, we wanted it to be a really fast sales cycle.

Founder's Story
He Built a Startup That Books 5% of All Podcast Interviews—With No Code. | Ep. 275 with Parker Olson Co-Founder of Podpitch

Because again, it's like, look, if this is a 10 week sales cycle, we're not getting feedback until 10 weeks from now.

Founder's Story
He Built a Startup That Books 5% of All Podcast Interviews—With No Code. | Ep. 275 with Parker Olson Co-Founder of Podpitch

And so how do we sell something where somebody could make a decision really quickly?

Founder's Story
He Built a Startup That Books 5% of All Podcast Interviews—With No Code. | Ep. 275 with Parker Olson Co-Founder of Podpitch

again part of it was like we needed to eat and like live uh but the other part of it is like you get a lot of feedback data really fast so we are like okay we need to craft an offer that is reoccurring and so you know we we did subscription based pricing and we we started with like okay we'll do uh like maybe an intro price um and then we tested different price points and on calls we would literally like

Founder's Story
He Built a Startup That Books 5% of All Podcast Interviews—With No Code. | Ep. 275 with Parker Olson Co-Founder of Podpitch

somebody to be sold they'd be like cool like how much is this right and that's after you've sold it like like you kind of know this this type of person's willing to buy this is a real problem they have and it's just like cool it's 2.99 a month it's 3.99 a month it's 5.99 a month it's 6.99 a month right and you start to get a sense of like where you start to get a gauge right of sort of like where most people are landing and and that i think is a really good initial step

Founder's Story
He Built a Startup That Books 5% of All Podcast Interviews—With No Code. | Ep. 275 with Parker Olson Co-Founder of Podpitch

I think the step two of that, which, like, I don't think we've done an excellent job at, and it's something we're working on right now, is thinking about tiered pricing for, like, the different type of customer.

Founder's Story
He Built a Startup That Books 5% of All Podcast Interviews—With No Code. | Ep. 275 with Parker Olson Co-Founder of Podpitch

You know, our kind of pricing sort of ops out certain smaller types of customers because it's too expensive for them.

Founder's Story
He Built a Startup That Books 5% of All Podcast Interviews—With No Code. | Ep. 275 with Parker Olson Co-Founder of Podpitch

And then really big customers, like, they're like, oh, this is nothing, right?

Founder's Story
He Built a Startup That Books 5% of All Podcast Interviews—With No Code. | Ep. 275 with Parker Olson Co-Founder of Podpitch

And so, like, in reality, like...