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CASE STUDY - 6 MIN READ

6 Pricing Frameworks You Can Base Your Pricing On

If you follow a solid pricing framework, you can create optimal prices for all your products. This pricing framework tells you what factors to prioritise and consider so you set the right prices. It includes the specific areas which most business owners skip and end up either pricing less or more- so they either lose profits or sales. Here is a pricing framework that you can follow to stay ahead.

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6 Pricing Frameworks You Can Base Your Pricing On

If you follow a solid pricing framework, you can create optimal prices for all your products. This pricing framework tells you what factors to prioritise and consider so you set the right prices. It includes the specific areas which most business owners skip and end up either pricing less or more- so they either lose profits or sales. Here is a pricing framework that you can follow to stay ahead.

Pricing isn’t just about numbers. It’s about strategy, psychology, market fit, and growth.

If you’re still using static price lists or applying blanket discounts, you're leaving money on the table. Having the right pricing structure is one of the most powerful levers to grow your business, improve retention, and increase profit margins — yet it’s often the most overlooked.

In this blog, we’ll break down six powerful pricing frameworks you can apply today. Each pricing strategy framework is designed to give structure to your decision-making and flexibility to your execution.

Let’s dive into each price framework with clear use cases and practical takeaways.

1. The GROW Framework

This pricing framework is the best for caling revenue while staying retention-focused. It is built for companies that are looking to expand without sacrificing customer loyalty or profitability. It balances short-term wins with long-term growth.

What it stands for:

  • G = Gauge market and customer needs
    Understand who your customers are, what they value, and how they perceive your pricing. Use surveys, interviews, and data to assess willingness to pay.
  • R = Research pricing models
    Look into what models are being used in your industry: cost-plus, value-based pricing, dynamic pricing, etc. Don’t reinvent the wheel if a model already works.
  • O = Optimise for growth and retention
    Your pricing must not only attract new customers but also encourage loyalty. Think about freemium tiers, loyalty programs, and annual plans with benefits.
  • W = Win more revenue and scale profitably
    Combine your insights to create scalable pricing strategies. Keep testing and fine-tuning to grow both your top and bottom line.

Why it works:
This pricing framework is ideal for growing SaaS businesses, marketplaces, and B2B firms where churn can kill growth. It aligns price structuring with customer lifecycle management.

2. The SMART Framework

The SMART framework is for businesses focused on long-term strategy and revenue stability. The SMART pricing framework provides a structured way to align your pricing with both short-term market dynamics and long-term company vision.

What it stands for:

  • S = Strategy aligned with business goals
    Price isn’t just about market rates — it’s about aligning with your revenue targets, brand positioning, and business model.
  • M = Monetisation mode selection
    Choose how to capture value: subscriptions, licenses, pay-as-you-go, or hybrid models.
  • A = Adjustments based on market feedback
    It’s crucial for pricing to stay agile, especially at a time when markets fluctuate. Collect user feedback, monitor competition, and adjust pricing quarterly or semi-annually. This is why companies now look towards algorithm-based pricing solutions to do the complex math and set optimal prices continuously as times change.
  • R = Retention-focused upselling
    Upsell and cross-sell strategies should be baked into your pricing. Don’t just acquire users — expand them.
  • T = Tracking key pricing metrics
    Measure ARPU, CAC recovery time, churn rate, and expansion revenue. These metrics guide your pricing decisions.

Here's why it works:
The SMART price framework brings structure to a messy process. It’s especially effective for companies entering new markets or launching new product lines.

3. The PRO Framework

Best for: Companies looking to balance profitability with customer-centricity. The PRO framework is grounded in sustainability and value delivery. It’s not about aggressive growth. It’s about the right pricing for the long haul.

What it stands for:

  • P = Pricing based on usage and needs
    This approach segments customers based on value consumed. Ideal for usage-based businesses or those with clear product tiers.
  • R = Retention over acquisition focus
    Acquiring customers is expensive. Pricing should reduce churn and incentivise renewals.
  • O = Optimise profitability and growth
    Balance revenue growth with cost-to-serve. Not all growth is good growth — your margins must scale with it.

Here's why it works:
This pricing strategy framework helps protect your margins while keeping your most valuable customers engaged. It’s especially helpful for scaleups and enterprise sales models.

4. The EDGE Framework

Best for: Highly competitive and fast-evolving industries. If you’re in tech, e-commerce, or consumer electronics, staying ahead of pricing trends is essential. The EDGE framework helps you adapt before your competitors do.

Also Read: How Dynamic Pricing works for E-Commerce Businesses

What it stands for:

  • E = Evaluate market trends and competitors
    Continuously track changes in your market. Use competitive pricing tools and stay close to industry shifts.
  • D = Design pricing around customer needs
    Use segmentation to match different customer personas with tailored pricing offers.
  • G = Grow revenue with optimised plans
    Offer flexible plans, seasonal pricing, and limited-time offers to stimulate demand.
  • E = Evolve pricing over time
    Pricing should be dynamic, not static. Quarterly reviews, A/B tests, and regional pricing can help you stay agile.

Why it works:
This framework of pricing helps companies react quickly and seize opportunities without being locked into outdated models.

5. The FIT Framework

Best for: Companies offering multiple features or product bundles. The FIT pricing framework helps you align price with perceived value. Especially when your product has complex tiers or feature sets.

What it stands for:

  • F = Features that drive value
    Identify which features customers are willing to pay for. Bundle them smartly. Don’t overload basic plans.
  • I = Impact of pricing on conversion
    Understand the psychology of pricing. Round numbers, charm pricing, and anchoring techniques affect buying decisions.
  • T = Tiered plans for scalability
    Offer clear entry, mid, and premium tiers. This is where the power of 3 in pricing shines.

Why it works:
Customers choose the option that best fits their needs and budget — and your pricing reflects the value they get. It improves conversion, average order value, and satisfaction.

6. The TEST Framework

Best for: Companies ready to experiment and optimise with data. If you're not experimenting with pricing, you’re operating in the dark. TEST brings a scientific approach to pricing optimisation.

What it stands for:

  • T = Trial pricing experiments
    Start small. Change one element at a time. Monitor how discounts, freemium models, or bundling affect uptake.
  • E = Experiment with different models
    Try cost-plus, value-based, usage-based, or hybrid models.
  • S = Scale pricing once validated
    Once you find a model that works, roll it out across markets or customer segments.
  • T = Track churn and expansion revenue
    Use churn data to identify price sensitivity. Expansion revenue shows how scalable your pricing is.

Here's why it works:
This price structuring framework ensures you're learning from real behaviour, not just assumptions.

How to Choose the Right Pricing Framework for your Business?

Each pricing framework serves a different goal — and many companies use a combination of them. There are a set of questions you must ask yourself before choosing any of the frameworks. Your pricing strategy should align with what you want and your current business concerns.

Ask yourself 3 questions:

  • Are you optimising for retention or fast growth?
  • Are you dealing with a complex product or a simple one?
  • Do you want to test pricing or establish a long-term structure?

There’s no one-size-fits-all pricing strategy framework. The key is to pick one that aligns with your stage of growth, market dynamics, and customer base.

How SYMSON Has You Covered

Knowing the right pricing framework is only half the battle. The real challenge is turning strategy into execution — fast, accurately, and at scale.

That’s where SYMSON comes in.

Our platform is built to help you bridge the gap between theory and practice. Whether you're fine-tuning your price structuring, launching new tiers, reacting to competitive pressure, or testing pricing experiments, SYMSON provides the technology and insights to guide every step of your journey.

Whether you want to:

  • Apply the GROW framework to drive scalable revenue
  • Use EDGE to stay competitive in fast-moving markets
  • Run pricing experiments with TEST to optimise performance
  • Or combine them for a hybrid, dynamic pricing strategy framework

SYMSON gives you the tools to make smarter, data-driven pricing decisions — without the guesswork.

Our platform supports:

  • Dynamic pricing powered by AI – automate and adapt prices in real time.
  • Automated competitive price monitoring – keep an eye on market shifts.
  • Smart segmentation for the right pricing per customer type – tailor pricing to match value perception.
  • Real-time insights on profitability, retention, and conversion – track what matters and adapt instantly.

So whichever framework of pricing fits your strategy — from FIT to SMART — SYMSON helps you execute with confidence, speed, and impact.

Do you want a free demo to try how SYMSON can help your business with margin improvement or pricing management? Do you want to learn more? Schedule a call with a consultant and book a 20 minute brainstorm session!

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