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How to set plan prices

Tips on the best plan pricing to attract and retain members

How to set plan prices

When setting your plan prices, it's completely up to you. There is a minimum, but you’re free to decide how you would like to arrange your prices.

If you’re looking for some guidance, we’ve put together some recommendations and hints that have worked well for Steady publishers so far.

Setting plan prices - three useful tips

1. Offer between 1 and 3 plans

1 plan: Keeps things simple. This ensures the quickest possible setup.

3 plans: This way your potential members have a choice and can decide on the price they are able to pay.

We recommend keeping your benefit offerings as simple as possible. This ensures that you do not create any unnecessary work for yourself.

In our experience, you do not need to offer any additional benefits to attract paying members.

2. Think about your publication and your community

The prices ultimately depend on your publication and your audience.

Ask yourself:

  • What does your target group look like?

  • How much are the people from your community willing to give?

  • How many competitors do you have?

If you’re not sure of the answers, poll your community on Instagram or in your newsletter.

3. Don't set the prices too low

The price you charge for your plans is the gross price, which means that VAT, transaction fees and Steady’s 10% commission will be deducted, and you will receive the rest. That’s why you don’t want to set the price too low.

Remember: You can easily add plans with lower prices later if you have the impression that your prices are too high.

We also recommend raising the price of your plans every two years. In our experience, members will be willing to continue supporting you at a higher rate after you have established trust that you deliver your membership promises. This will also help account for inflation.

The minimum for the plan price depends on the currency

Depending on which currency you have set for your project, different minimum prices apply:

EUR

3 €

USD

$3

SEK

31 Skr

GBP

£3

CHF

Fr. 3

DKK

kr. 22,00

NOK

30.00 kr

PLN

14,00 zł

HUF

1160 Ft

CZK

74,00 Kč

ZAR

R 50

NZD

NZ$ 5

Recommended prices for 3 plans

Of course, the prices you set will depend on your individual publication. However, if you need guidance, the following table will help you. In our experience, these 3 prices (monthly) work successfully as plan options.

EUR

€4.50

€6

€12

USD

$4.50

$6

$12

SEK

Skr 45

Skr 60

Skr 120

GBP

£4.50

£6

£12

CHF

Fr. 5

Fr. 6

Fr. 10

DKK

kr. 45

kr. 60

kr. 120

NOK

45 kr

60 kr

120 kr

PLN

20 zł

25 zł

50 zł

HUF

2000 Ft

3000 Ft

6000 Ft

CZK

100 Kč

150 Kč

250 Kč

ZAR

R 60

R 100

R 190

Recommended price for a single plan

When you are only offering one plan, it's best to choose a price somewhere in the middle. Then you should use the middle column of the table above as a guide.

Annual plans

In addition to monthly plans, you can also offer your members annual plans. Annual plans can include a discount compared to the price of twelve monthly plans – but they don’t have to. When you set up an annual plan, you will also be asked to enter a monthly price. This lets potential members see what they save by choosing the annual plan over a monthly one – which can motivate them to support you even more long-term! You can read more about the benefits of annual memberships in the article “Make the most of annual memberships”.

Setting Monthly Subscription Prices Above €50

Steady allows media makers to set subscription packages priced above €50, providing flexibility for premium memberships. If you wish to create such a package (e.g., €65/month), contact Steady support to request activation. Once enabled, configure the desired price in your subscription settings to offer tailored premium content for your audience.

In addition to monthly plans, you may also choose to offer your members annual plans. Annual plans can include a discount over the price of 12 monthly payments, but this is not obligatory.

Calculating Annual Membership Prices

You can calculate annual membership prices by multiplying the monthly price by 12 and optionally applying discounts for upfront annual payments. For example:

  • Monthly rate: €20

  • Annual price (pre-discount): €20 x 12 = €240

  • Applying a 20% discount: €240 - (€240 x 0.20) = €192

You will be prompted to choose a monthly price for your annual plan. This means that your potential members will be able to see the savings on purchasing an annual plan over a monthly, encouraging them to commit to you longer!

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