Figure 3From “Pricing is a positioning decision.”
The reference set
The second column is the one nobody keeps: the options that never became a deal: doing nothing, building it, extending a tool already owned. Those set the band the price has to sit in.
Figure 3The reference set
Source: Author's own worksheet.

From the essay
Pricing & revenue architecture
Pricing is a positioning decision.
Willingness to pay is not decided at the price page. It is built from what the buyer compares you against: so the set, not the number, is the lever.
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