How Do I Win Customers When a Competitor Raises Prices?
A GTM play for Revnu. When a competitor announces a price increase, find the companies using that product who should switch, work out what switching takes, and reach them by email and LinkedIn with a low-barrier offer. Test the offers and scale what gets replies.
A competitor's price increase is a gift. Thousands of their customers just got a reason to look around. Revnu finds the companies running that product, works out what it takes them to switch, and reaches them by email and LinkedIn before they renew.
Why it works
Nobody switches tools on a quiet Tuesday. A price increase forces a budget conversation, and your message lands right in it. The companies are easy to find, because the tools a company runs show up on its website, in its job posts and in what its people write.
What stops people switching is the work of switching. So the message isn't "we're cheaper". It's "here's exactly what moving takes, and we'll do it for you".
How to run it
Spot the increase. Tell Revnu about the announcement, or have it check the competitor's pricing page, blog and the news every week.
Find their customers. Revnu finds companies whose websites show the product, whose job posts mention it, and whose people post or review it, then checks each company fits your buyer.
Work out the switch. Revnu reads what the competitor does and what you do, and writes down what moving takes: data to export, setup time, what changes for the team.
Write two channels. An email and a LinkedIn message about that switch, not your feature list.
Make yes easy. A free trial, a free onboarding call or migration help, in every message.
Test and scale. Revnu runs more than one version of the sequence, tracks which offers and messages get replies, and moves new prospects to the winner while it keeps testing.
The prompt
[Competitor] just announced a price increase. Find 40 companies that use [competitor] and fit our buyer. For each one, work out what switching to us would take. Write an email and a LinkedIn message about that switch, not about our features, with a low-barrier offer: [a free trial / a free onboarding call / we migrate your data for you]. Test two versions of the offer and tell me which gets more replies.
LinkedIn steps send from your own account once you connect LinkedIn. Your first sequence waits for your yes in Review. After that, Revnu can test new versions on its own inside your Experiment Budget in Settings > Agent. See tests Revnu runs on its own.
Run it every week
Set it up as a workflow so the next price change never slips past you:
Every Monday, check [competitor]'s pricing page, blog and the news for a price change. If they raised prices, find 30 companies using them and start the switching campaign. Either way, add 15 new companies using [competitor] to the Switchers campaign.
See recurring work with workflows and the workflows API.
Related
Frequently Asked Questions
From public evidence: the technology detected on the company's website, job posts that name the tool, and what the company's people post and review. Each lead shows its evidence on the Signals tab, so you can check it before anything sends.