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Reference table

Seven ways to test pricing as a startup

Table comparing seven ways a startup can test pricing, from founder conversations to live A/B price tests, by what you learn, time, cost and risk.
Use the cheap routes to narrow the range and the slow ones to confirm it

A comparison of seven ways to test a price: founder conversations, pricing surveys, AI interview price tests, fake doors, commitment tests, live A/B price tests and pricing consultants. For each it shows what you learn, how long an answer takes, the relative cost and the main risk. Founders can use it to pick a route for their stage, starting cheap and confirming with behaviour. Koji runs the interview price test with the reasons behind each answer.

Where this appears

What's in this reference table

RouteWhat you learnTimeRelative costWatch out for
Founder pricing conversationsRough reactions and objectionsDaysLowPoliteness and anchoring on your first number
Survey with Van Westendorp or Gabor-GrangerA price range or a demand curve1 to 2 weeksLow to mediumNo reasons unless you add open questions
AI interview price testA demand curve plus the reason behind each answerDaysLowStill stated intent, so it overstates
Fake door on the pricing pageWho clicks buy at a given price1 to 4 weeksLowNeeds traffic, and annoys people if handled badly
Prepayment, letter of intent or paid pilotWho commits money or a signature2 to 8 weeksMediumSmall numbers, and only from warm leads
Live A/B price testReal conversion and revenue at each priceWeeks to monthsMedium to highNeeds volume, and customers compare notes
Pricing consultant or agencyA full study with large samplesWeeksHighCost, and a report you may not be able to rerun

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Free to use in your docs, decks and posts under CC BY 4.0, as long as you credit Koji with a link to this page. To embed it, paste this into your page:

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<a href="https://www.koji.so/visuals/startup-price-testing-routes-compared"><img src="https://www.koji.so/visuals/startup-price-testing-routes-compared/startup-price-testing-routes-compared.png" alt="Table comparing seven ways a startup can test pricing, from founder conversations to live A/B price tests, by what you learn, time, cost and risk." width="1200" height="1078" /></a>
<p>Source: <a href="https://www.koji.so/visuals/startup-price-testing-routes-compared">Seven ways to test pricing as a startup</a>, Koji</p>