I work on a team collecting fees at a financial company. It is tedious and boring. There is a lot of complexity. I've often asked the business if they had ever thought about a different fee model that would be less complex. They just want to stick the legacy business model into the new tech...
I'm Anh-Tho, one of a co-founders of Lago, thanks for your comment!
Financial and cloud infrastructure companies are the ones with the most complexity.
I've been on the business side, and sometimes you do want to change the pricing but there's so many implications:
- Maybe existing users will churn and/or revenue will decrease as a result
- If you change the billing system, there's a risk of bugs/errors and complains
- If you spend engineering time on this, then you need to deprioritize other projects
So... business teams often end up giving up, and that's a shame because iterating on pricing is a very powerful lever of revenue growth.