Improved Spreedly Pricing!
November 12th, 2009
As interest in Spreedly has grown and we’ve talked to an ever increasing number of potential clients, a recurring theme with prospects has been our pricing. While most folks see huge value in the platform, they’re often very concerned about paying us a percentage of their revenue for as long as they’re using Spreedly. Especially after the merchant account takes their cut, 3% per transaction starts to look pretty rich, especially for large-dollar transactions.
We’ve heard that concern, and that’s why today we’re extremely pleased to announce new pricing, not just for new accounts but also applied going forward for everyone who has signed up to date. The $19/month charge stays the same, but we now charge a flat 20¢ per payment transaction instead of a percentage. For those interested in offering very low dollar value plans, we’ll actually charge you the lesser of 20¢ or 2%, so you don’t get penalized by the flat fee.
The Kickstarts (which are over half sold out!) are getting a similar haircut, with no monthly fee and transaction fees locked at the lesser of 10¢ or 1%. If you’re planning on using Spreedly for your business you might want to grab one before they’re all gone!
So what does this new pricing mean in practical terms? Say you’ve got about 50 people using your product, resulting in ~50 payment transactions a month, and your average subscriber is paying $20/month. Under that scenario you’ll be grossing $1000/month and only paying Spreedly $29/month. If your active subscriber base increases to around 500, you’ll be grossing $10,000 a month but your Spreedly bill will only go up to $119/month. So no matter what size your business ends up being, under this new pricing Spreedly will make up only a fraction of your expenses.
Of course our goal isn’t to be the cheapest option: it’s to provide the most value for dollar spent. We believe that even under our old pricing that was the case, but this new plan pumps the ROI up even more. We’re also offering “call us” bulk discounts for sites pushing 5000+ transactions per month, so you can rest assured that we’re going to make sure you stay ecstatic about using Spreedly as your business grows.
As you can probably tell, we’re pretty excited about this new pricing, and we want your help to spread the word. So please tell any and all of your entrepreneurial friends about this new deal and how amazing Spreedly is in general – word of mouth has been the cornerstone of our new business to date. As always, we’re very interested in any feedback you have on this new change or Spreedly in general, so don’t hesitate to hit us up at support@spreedly.com or drop a comment below.
