A lower annual Pro plan price

This month we revisited our pricing model and realized how much money we lose to processing fees each month on our $4 Pro plan. We found that 10.5% goes to our payment processor, Stripe, as opposed to only 3.5% when customers pay annually — a big difference in our revenue.

When we originally launched our annual Pro plan we wanted to keep the pricing straightforward, so we just multiplied the monthly price by 12 and called it a day. People didn't seem to mind, but still our monthly plan remains the most popular.

So beginning on Monday, March 5, we'll start passing on the savings we get when you subscribe to an annual Pro plan by permanently dropping the price to $40 per year. We hope it'll encourage more people to go yearly, helping us all save a bit of money.

For anyone currently on the $48 / year plan, you'll be able to switch to the $40 / year pricing when you want (we'll show a reminder in the app), and you'll see the savings the next time your subscription renews.

As always, let us know what you think of the new pricing!

#pricing #pro #changes