Did raising your prices actually improve the quality of your customers?

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We kept thinking lower pricing would make it easier to get more users but it also seemed to attract people who were much more price-sensitive and quicker to leave. Getting more signups looked good on paper but the customers weren’t always the best fit. Raising the price feels risky because you can lose some conversions at the top of the funnel especially when people are still discovering the product. For those who changed their pricing after launching did a higher price actually bring better customers and retention or did it mostly reduce new signups?

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