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- Low Prices Are a Red Flag đ©
Low Prices Are a Red Flag đ©
Want Better Customers? Raise Your Prices. Seriously.

Hey â Itâs Charlie.
Welcome to the latest edition of Great Startups! Hereâs whatâs in store:
Waves, dams, and rivers: How demand works at scale.
Cold Emailing: The art of cold-emailing a billionaire.
Low Prices = Low Confidence: Stop Underselling Your Startup
The $500 Hack: Your Startup Doesnât Need a Fancy NameâJust a Working Credit Card Limit
Targeting Made Simple: A step-by-step guide to finding your perfect customer.
Hidden Startup Debt: The silent killer thatâs slowing growth.
Get ready to dive into these power-packed insights for founders and growth enthusiasts!
Resources
ICYMI
YouTube plans crackdown on repetitive, AI-generated videos. (LINK)
Netflix is getting into short videos with a new vertical feed for mobile. (LINK)
Cloudflare launches a marketplace that lets websites charge AI bots for scraping. (LINK)
The WordPress vs. WP Engine drama, explained. (LINK)
1X will test humanoid robots in âa few hundredâ homes in 2025. (LINK)
Quick Links
Ray Dalio built a $14B empire by following core success principles that took him from humble beginnings to founding the worldâs largest hedge fund.
Iman Gadzhi and Pierre de Preux launched a SaaS and hit 7-figure ARR in 9 months by moving fast, using Imanâs audience, and solving a real problem.
Lenny Rachitsky and Jen Abel on how to approach founder-led sales.
Carta shares 50 slides packed with insights for founders from 45,000 startups.
How One AI App Founder Makes $20K+ Monthlyâand How You Can Too!
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Pricing isnât just mathâitâs a vibe. When Apple slapped $666.66 on their first computer, it wasnât randomâit was confidence. Too many founders play it safe with low prices, thinking itâll attract more users. But cheap prices scream, âI donât believe in this,â and that energy? It shows. Instead, start with covering your costs (Cost-Plus), aim for pricing that reflects the actual value you deliver (Value-Based), and check what competitors are doingâbut donât get stuck playing the discount game. Remember: low prices attract the wrong customers and make rejection even more likely.
Psych tricks can make your pricing page a conversion machine. Add a âdecoyâ tier that no one really buys just to make your main plan look better. Offer a free version to reel people in (hello, Dropbox) or even experiment with âPay What You Wantâ to find out what users think youâre really worth. And when the time comes to raise prices? Do it with confidence. Show the value, give notice, and treat loyal users well. Pricing isnât a set-and-forget thingâitâs a reflection of how much you believe in what youâre building. (LINK)
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