Monday, October 11, 2010

Subscription Billing System Chargify Missteps As It Switches From Freemium To Premium

It's been a rough day for Chargify, a service that makes it very easy for startups to incorporate support for subscription payments into their products. Chargify launched a year ago, catering to Web 2.0 and SaaS companies with some attractive pricing, including a free package for companies with fewer than 50 subscribers. But that model isn't going to work in the long term, so Chargify is making changes ? today the company announced a new pricing scheme that ditches its freemium model in favor of one that only offers premium plans, and it's also doubling the price of its entry-level product from $49 to $99. Users aren't pleased. Obviously it's never good news when a company has to hike its rates, but Chargify's big stumble lies in the fact that it's not grandfathering-in current users under the old rates.

MOBILE TELESYSTEMS NANYA TECHNOLOGY NII HOLDINGS NIKON NINTENDO

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