Intuit Has Been Raising the Price of Quickbooks Every Year

by | Dec 20, 2022

I got my annual “Your price for Quickbooks increased because we can” email from Intuit. They want me to pay almost 40% more than I paid two years ago.

Intuit is a master of nickel and diming and raising prices. Because they can. Apparently.

They know their customers don’t want to leave and rewire their accounting systems. All accounting software companies play this game.

My accounting needs are pretty simple. I don’t need an accountant or bookkeeper or payroll or any the stuff they constantly upsell.

Where is the viable competitor for Quickbooks that plays a more honest game?

Software pricing doesn’t reflect labor or supply chain costs like an automobile or a hamburger. Prices are only a function of what people will pay relative to the alternative.

Intuit’s annual price increases mean they are really not serving micro businesses that don’t want to pay $1000+ for software and fees. There’s a growing opportunity there. Who’s taking that?

Now that Mailchimp is part of Intuit, you know where this is going. Already got the 10% price increase because we can.

Greg Head posted this on LinkedIn on December 20, 2022.

Check out the comments and join the discussion on LinkedIn.

Related Posts

Non-technical Founders Are Building Prototypes and Apps Now

It used to be that technical founders could learn to be great at business, but business founders never learned to be great technical coders. Now that is changing fast with AI vibe coding tools. Savvy non-technical founders are creating ...

You Really Have Multiple Businesses Inside Your Business

Most software founders think they’re building one startup. But in reality, they’re running multiple businesses inside the same company — and don’t realize it. Simple averages, blended financials, and one-size-fits-all strategies hide what’s ...

AI is Slaying an Old B2B SaaS Dragon: Customer Onboarding

Nobody's talking about one of the areas where B2B SaaS companies are making huge progress with AI tech: Customer Onboarding. Yes, AI is helping software companies of all sizes ship better software faster, enable AI features in their apps, ...
No results found.
Practical Founders eBook

FREE 60-PAGE EBOOK

Win the Startup Game Without VC Funding

Learn how all 75 founders on the Practical Founders Podcast created an average founder equity value of $50 million.