Smart Pricing Strategy Tips For Your Subscription Business

TechRadar Pro see Netflix and Spotify attempting to become the de facto standards in their paid-for video and music streaming services. For these subscription based businesses a smart pricing strategy is needed. Here's a breakdown of how this can be achieved:

• Offer a range of price points
• Lock customers in with discounts for longer term subscriptions
• Communicate price increases carefully 
• Differentiate price increases if possible 
• Carefully control retention strategy 

Read more at http://www.techradar.com/news/world-of-tech/management/lessons-from-netflix-and-spotify-how-to-perfect-subscription-strategies-1255816