Review your pricing on a regular schedule

Run a pricing review every quarter or year that looks at what your customers pay, what competitors charge, and how buyers react to your price, and end each one with a recorded decision, even when the decision is to leave prices alone.

Key Takeaways

  1. Most companies set a price at launch and never look at it again, because nobody owns the question. A pricing review on a fixed schedule gives the question an owner and a date.
  2. A useful review asks the same questions every time: what customers actually pay and choose, what competitors charge now, how buyers react to your price, and what has changed in your product since the last review.
  3. Every review should end in a written decision. "Keep prices where they are" is a real decision, and recording it with the evidence behind it is what makes the next review faster and better.
  4. Kite runs the review on the schedule you agree on. It reads your plans, subscriptions, and cancellations in Stripe, checks competitors' current pricing pages, reads what customers say about your price, and brings you a recommendation.
  5. Kite records each decision in your team's knowledge base, along with the evidence and what would change the call, so the next review starts where the last one ended.
On this page

Why pricing reviews get skipped

Pricing is one of the biggest levers a business has, and it's usually the one that moves least. A company picks a price at launch, often by looking at a few competitors and choosing something that feels safe. Then the product improves, costs rise, competitors change their plans, and the price stays exactly where it was.

That rarely happens because someone decided the price was right. It happens because nobody owns the question. Founders are busy with the product, marketing is busy with campaigns, and sales is busy closing deals at whatever the price happens to be. Changing a price feels risky, so the easiest choice is to never bring it up.

A regular pricing review fixes that. You pick a schedule, usually once a quarter or once a year, and you ask the same set of questions each time. You look at your own revenue data, the market, and what buyers say, and you finish with a decision that someone writes down. Sometimes the decision is to raise prices. Often it's to hold them. Either way, you've made a choice on purpose instead of by default.

The work itself is a good fit for an AI agent. It means gathering numbers from your billing system, reading a dozen competitors' pricing pages, sorting through customer reviews, and comparing all of it with the last review. None of that is hard, but it takes hours, and it has to happen on time every quarter. Kite is an AI marketer. It researches your business, builds a growth strategy, and ships the work that brings you new customers. Here's how it runs your pricing review.

How Kite reviews your pricing on a regular schedule

Kite starts with what it already knows. Its research on your business covers your products, your current plans and prices, your customers, and your competitors, so it doesn't need a briefing before the first review.

Before the first review, you and Kite agree on the schedule and the questions. Kite then gathers the evidence each time the review comes due. It reads your plans, subscriptions, upgrades, and cancellations in Stripe. It checks what your competitors charge today and what they've changed since the last review. It reads what customers and reviewers say about your price, and it looks at whether your pricing page makes the right plan easy to find.

Kite then brings you a short recommendation: hold your prices, raise them, change how they're packaged, or test a change first. You make the call. Kite writes the decision down with the reasons behind it and sets the date for the next review. When that date comes, it opens the last record first and checks whether anything has changed.

  1. What should a quarterly pricing review cover?
  2. Read what your customers actually pay
  3. Check what competitors charge now
  4. Look at how buyers react to your price
  5. How do you know when it's time to raise prices?
  6. How do you keep a record of pricing decisions?
  7. Put the decision into action

What should a quarterly pricing review cover?

A quarterly pricing review should cover four things: what your customers pay and choose, what your competitors charge, how buyers react to your price, and what has changed in your product or costs since the last review. Asking the same questions every quarter matters more than asking clever ones, because it lets you compare this review with the last one.

Kite builds the agenda with you before the first review. A typical version for a software company looks like this:

  • What customers choose. Which plans new customers pick, how many trials turn into paid subscriptions, and how many customers upgrade or downgrade.
  • Who leaves and why. How many customers cancelled or asked for a refund, and whether price comes up when they do.
  • How much discounting is going on. How many customers joined through a promotion code or coupon, and whether those customers stay.
  • What competitors charge. Each main competitor's current plans and prices, and what changed since the last review.
  • What buyers say about your price. The price complaints and praise in public reviews, and the price objections your sales team hears.
  • What you've added. New features, integrations, or services that make the product worth more than it was at the last price change.

You can add questions of your own, such as a cost that has gone up or a market you're entering. Once you agree on the agenda, Kite keeps it and uses it every time, so each review answers the same questions in the same order.

Read what your customers actually pay

Your billing data is the most honest record of how your pricing is working. Kite reads it first, because it shows what buyers actually do when they see your price.

With Stripe connected, Kite reads your products, prices, and billing periods, and each customer's subscriptions. It counts how many customers are on each plan, how many trials became paid subscriptions, and how many customers cancelled during the period. It also reads your coupons and promotion codes and how often each one has been used, along with refunds and failed payments.

These numbers often answer the question before anything else does. Say 70 percent of new customers pick your middle plan, trials turn into paid subscriptions at the same rate they did a year ago, and almost nobody leaves in the first three months. That's a price customers are comfortable with, and possibly one that's too low. If instead half of your new customers arrived with a discount code and many of them cancelled when it ran out, your real price is lower than your list price, and the review should look at why.

Kite reports these numbers next to the same figures from the last review, so you can see what moved.

Check what competitors charge now

Competitor pricing changes more often than most teams notice. A pricing review should look at what each competitor charges today, not what they charged when you last checked.

Kite reads each main competitor's current pricing page. It records their plans, prices, what each plan includes, what triggers an upgrade, and whether they publish prices at all or send buyers to a sales call. It can also look at archived versions of a competitor's website to see how their pricing has changed over the past two years, which shows whether the whole market is moving up or one competitor is cutting prices to win share.

Between reviews, Kite can keep a watch on competitors' pricing pages and tell you when one changes. Add Kite to Slack, and those alerts arrive in the thread where you asked for the watch. A competitor's price change doesn't always mean you should react, but it's useful evidence for the next review.

Related use cases

  • Compare your pricing with your competitors': Put your plans, prices, and packaging side by side with each competitor's.
  • Track competitors' pricing changes Coming soon Hear when a competitor changes its pricing page, without waiting for the next review.

Look at how buyers react to your price

Your numbers show what buyers do, and their words show why. A good review reads both.

Kite reads public reviews of your company, such as the latest reviews on Trustpilot or software review sites, and sorts out what people say about price. It looks for patterns, such as several reviewers calling the product "worth every penny," or a steady stream of complaints that the entry plan is too limited. It reads your competitors' reviews too, because a competitor's customers complaining about a price increase can be an opening for you.

Kite also reads your own pricing page the way a buyer would. It checks whether a visitor can tell which plan is meant for them, whether the jump from one plan to the next makes sense, and whether the next step after choosing a plan is obvious. A price that buyers find confusing can look like a price that's too high, because people leave either way.

Related use cases

  • Build a clear pricing page: Rewrite a pricing page so each buyer can find their plan and the next step.
  • Research what customers are willing to pay Coming soon Run a survey that tells you which price points buyers will accept.

How do you know when it's time to raise prices?

It's usually time to raise prices when customers buy easily, stay a long time, and rarely mention price, while your product has improved or competitors have moved up. No single signal settles it. The case is strong when several of them point the same way.

Kite weighs the signals it gathered in the review. These are the ones that most often point toward a raise:

  • Buyers rarely push back. Trials convert well, few customers leave in the first months, and price rarely comes up in reviews or cancellations.
  • The product is worth more than it was. You've added features, integrations, or service since the last price change.
  • Competitors have moved up. The plans your buyers compare you with now cost more than yours for similar features.
  • Customers crowd into the top plan or skip the bottom one. That can mean the plans are priced too close together or the entry plan is too cheap to be taken seriously.

Signals point the other way too. Rising cancellations that mention price, heavy reliance on discounts, or a competitor offering the same thing for less are reasons to hold or rethink the packaging instead.

Kite turns this into a recommendation with its reasons. For example: "Raise the Team plan from $49 to $59 a month for new customers. Trials have converted at the same rate for four quarters, two of your three main competitors raised their comparable plans to $59 and $79 this year, and you've shipped the Salesforce integration buyers kept asking for. Keep existing customers at $49 for six months, then move them with 60 days' notice." You can accept it, change it, or decide to hold.

Related use cases

  • Choose a pricing model: Decide whether to charge per seat, per use, or per outcome, and what should trigger an upgrade.

How do you keep a record of pricing decisions?

Keep a short written record for every review: the date, the decision, the evidence behind it, and what would make you revisit it. A pricing decision without a record gets argued again from scratch every time, and nobody remembers why the price is what it is.

Kite writes that record at the end of each review and saves it in your team's knowledge base. Each one includes:

  • The decision. For example, "Hold all prices" or "Raise the Team plan to $59 for new customers on January 1."
  • The evidence. The key numbers from Stripe, the competitor prices, and the buyer feedback that shaped the decision.
  • The reasoning. Why you chose this option over the others Kite recommended or you considered.
  • What would change the call. The specific things that should trigger an earlier review, such as a main competitor cutting its price or first-month cancellations rising.
  • The next review date. When Kite will run the review again.

The record matters most when the decision is to hold. "We looked at this in March, conversion was strong, competitors hadn't moved, and we chose to wait" is far more useful in September than a vague memory that someone once said the price was fine. When the next review starts, Kite opens the last record, checks whether any of the triggers happened, and compares the new numbers with the old ones.

Related use cases

Put the decision into action

A pricing decision only matters once buyers see it. When you decide to change something, Kite does the marketing work that goes with the change.

On a website Kite hosts, Kite updates the pricing page, the plan descriptions, and any other page that mentions a price, then publishes once you approve. If your site runs on a supported content system such as Webflow, it makes the same updates there. Kite also writes the email that tells existing customers about a change, including the date it takes effect and what they keep, and sends it once you approve. The billing change itself happens in Stripe, where your team can update the price or have Kite create the new price and move subscriptions onto it.

When you're not sure a change will work, Kite can propose testing it first. On a Kite-hosted site, it can run an experiment that shows two versions of your pricing page to different visitors and measures which one turns more of them into customers.

After the change ships, Kite reads Stripe again at the next review to see how new customers responded and whether existing customers stayed.

Related use cases

What you get

A pricing review agenda

The questions your review answers every time, agreed with you once and reused at each review so results are comparable.

A review on schedule

Kite runs the review every quarter or year, on the date you set, without anyone having to remember it.

Your revenue numbers, compared with last time

Plan mix, trials that became paid subscriptions, cancellations, refunds, and discount use from Stripe, next to the same figures from the last review.

A current view of competitor pricing

Each competitor's plans and prices today, and what changed since the last review.

A summary of what buyers say about your price

The praise and complaints in public reviews, and how clearly your pricing page guides buyers to a plan.

A recommendation

Hold, raise, repackage, or test, with the reasons and, for a change, the specific new price and timing.

A decision record

The decision, evidence, reasoning, triggers for an earlier review, and the next review date, saved in your knowledge base.

How to get started

Tell Kite what you want. You might say, "We haven't touched our pricing since launch. Set up a pricing review every quarter," or "Review our pricing once a year and tell us whether we should raise it." You can work with Kite in the Kite web app or in Slack.

Kite proposes the agenda, the competitors it plans to check, and the schedule. You can change any of them before the first review runs. Once you agree, Kite puts the review on a schedule. Each time it runs, the results arrive in a new conversation in the Kite web app, in the Slack channel you choose, or in your inbox if your team doesn't use Slack.

Connect Stripe so Kite can read your plans, subscriptions, and cancellations. Kite sends a connection link the first time it needs it. Without Stripe, Kite can still review competitor pricing, buyer feedback, and your pricing page, and you can share your own revenue figures in the conversation.

Kite asks before it publishes a pricing page change or emails your customers. As you come to trust its judgment, you can give it more room to act on its own.

Integrations used for a regular pricing review

Your billing system tells Kite what customers actually pay, choose, and cancel. That's the evidence a pricing review can't do without. Kite gathers competitor pricing and public reviews with its own built-in research, so those parts don't need a separate account.

Common questions

How often should I review my pricing?

Most businesses should review pricing at least once a year, and once a quarter is better for a young company or a fast-moving market. A quarterly review is usually light: check the numbers, check competitors, and confirm nothing has changed. A yearly review is the time for bigger questions, such as changing your plans or your pricing model. You should also review early when something big happens, such as a main competitor changing its prices, a major product launch, or a jump in your own costs. Kite runs the review on the schedule you choose and flags those triggers when it sees them.

What if the review says we shouldn't change anything?

Then you record that decision and move on. Holding prices is a valid outcome, and it's the most common one. What makes it useful is the record: the date, the numbers that supported holding, and what would make you look again. Kite saves that record, so the next review can check those triggers first instead of starting over.

Should I raise prices for existing customers too?

That depends on how much you value keeping them and how far the new price is from the old one. Many companies keep existing customers on their old price for a set period, such as six or twelve months, then move them with plenty of notice. Others keep the old price for good as a reward for early customers. Kite can count how many of your Stripe customers are on each older price, estimate what moving them would add in revenue, and write the notice email for whichever approach you choose.

Can Kite change my prices in Stripe?

Yes. With Stripe connected, Kite can create a new price and move existing subscriptions onto it. In this review, Kite mainly uses Stripe to read what customers pay and choose, and your team can just as easily make the billing change itself. Kite handles the rest of the change: it updates your pricing page and plan descriptions, writes the announcement to existing customers, and checks at the next review how buyers responded.

Do I need Stripe for Kite to review my pricing?

No, but the review is stronger with it. Without a billing connection, Kite can still check competitor pricing, read what buyers say about your price, and audit your pricing page. It just can't see which plans your customers choose or how many leave. You can fill that gap by sharing those numbers in the conversation, and Kite uses them the same way.

Questions this page answers

  • How do I review my pricing on a regular schedule with AI?
  • Can an AI marketing agent review my pricing on a regular schedule?
  • How often should I review my pricing?
  • What should a quarterly pricing review cover?
  • How do I know when it's time to raise prices?
  • How do I keep a record of pricing decisions?

Related integrations

About the author

Devon Wells leads product marketing at Kite, the AI marketer. He spent a decade marketing industrial AI, from self-driving trucks to computer vision, but now Kite handles most of the work itself.

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