Did you know that a pricing table can skyrocket your online sales? Pricing Table is a crucial element of an e-commerce website because It allows your potential customers to easily view and compare products and pricing options. Well-designed pricing tables can boost your conversions and sales.
This comprehensive guide unveils secrets no one is ready to tell you about the pricing table. This guide covers tips on how to create effective pricing tables for your online store.
What is a Pricing Table?
A pricing table displays the prices, features, and options for products and services on your website. It enables customers to understand what they are getting at different price points or service tiers.
On an e-commerce site, pricing tables typically showcase product variations with different feature sets, allowing shoppers to select the product configuration that best suits their needs and budget.
Benefits of Using Pricing Tables
Here are some key benefits well-designed pricing tables provide:
Increase transparency about pricing and options
Allow for easy comparisons between tiers
Boost conversion rates and sales
Enhance customer experience and satisfaction
Communicate the value proposition of higher tiers
Examples of Effective E-commerce Pricing Tables
Before diving into creating your pricing tables, let's look at some excellent examples from real e-commerce sites:
Example 1:
Freshly uses a simple, clean layout that allows visitors to easily compare the pricing and features of each meal plan option, with key features displayed in separate columns.
Example 2:
Treehouse effectively communicates the value proposition of higher tiers through the use of icons to denote features, details on storage space, and practice labs.
Example 3:
Netflix uses multiple pricing tables on their site to communicate pricing and plan options for basic, standard, and premium subscriptions, with additional details on simultaneous viewing and device limits reinforcing differences.
Here is our professional tips for designing effective pricing tables for your e-commerce websites:
Use a simple, clean layout with sufficient white space for readability
Organize into columns and rows to allow for easy comparison between tiers
Highlight key variables like price, discounts, and features in separate columns
Use background colors, borders, or icons to differentiate tiers
Order plans from basic to premium (left to right), keeping the highest tier on the right to anchor customers to the most expensive option
Communicate key differences, limits, or capabilities between tiers
Reinforce the value proposition in higher tiers with messaging
Use icons to denote features rather than a long feature list
Allow visitors to clearly see what they gain with higher tiers
How to Create Great Pricing Tables
Best practices to follow when designing pricing tables for your online store:
Choose the Right Structure: Determine the right structure for your pricing table, such as linear pricing, tiered pricing, or column pricing, aligned with your product mix and pricing strategy. Include 3-5 pricing tiers for maximum impact.
Highlight Key Differences Between Tiers: Clearly showcase what customers are getting at each tier or plan level, including price, discounts, key features and capabilities, and any limits or restrictions.
Focus on Communicating Value: Customers should clearly see the added value with higher-tier options. Reinforce value propositions with messaging like more storage, additional users, and enhanced analytics.
Order Plans Thoughtfully: Design pricing tables with plans priced low to high, left to right, placing the premium tier on the right to anchor customers to this plan.
Use Visual Cues and Icons: Leverage colors, borders, and icons to differentiate plans rather than relying on dense text and long feature lists.
Keep It Simple: Avoid overcomplicating the design. Use clean designs, sufficient white space, and clear delineation between tiers.
Test and Refine: Use A/B testing to optimize pricing tables over time, experimenting with different layouts, tier structures, plan naming, and more.
Formatting Tips for Pricing Tables
To ensure your pricing tables are easy to read and responsive the following needs to be considered:
Use relative width percentages versus rigid pixels
Stack columns vertically on mobile devices
Maintain font size scale for smaller screens
Hide less critical columns if needed
Use accordion collapse to conserve space
With responsive tables, key information remains visible regardless of the device.
Common Practices to Avoid
Steer clear of these poor practices when designing your pricing tables:
Complicated tables with too many columns
Misaligned or messy layouts
Failing to clearly differentiate tiers
Putting the lowest tier on the right
Not communicating the added value of higher tiers
Overwhelming customers with text and features
Forgetting mobile optimization
Using Pricing Tables for SaaS & Subscriptions
The concepts in this guide also apply to SaaS and subscription sites, with key differences like emphasizing billing cycles, showing any setup fees, noting contract lengths or commitments, and including additional metrics like the number of allowed users.
Tools for Creating Pricing Tables
You don't need advanced design skills to make great pricing tables. Many tools help streamline the process, including table generator plugins for WordPress and Shopify, online table makers, HTML table templates, and design software like Illustrator, InDesign, and Canva.
Key Takeaways
To recap, effective pricing tables:
Increase transparency on pricing options
Enable easier comparison between tiers
Boost conversion rates and sales
Enhance customer experience
Clearly communicate the value proposition
With the best practices in this guide, you have everything you need to create high-converting pricing tables that drive online sales!