Squarespace recently increased its prices, but why?
On February 27th, Squarespace announced that it was increasing its prices for the first time in four years. The new pricing will go into effect on April 1st for new customers, and May 1st for existing customers.
The price increase is significant, with the Personal plan going from $8 to $12 per month, and the Business plan increasing from $18 to $26 per month. The two highest-priced plans, eCommerce and VIP, will see more modest increases of $2 and $4 respectively.
Squarespace has been one of the most popular website builders in recent years, thanks to its simple drag-and-drop interface and beautiful templates. The company has also been aggressive in its marketing, with ads appearing on billboards, buses, and television.
The price increase is likely to be a response to the company’s growing costs. Squarespace has been investing heavily in new features and expanding its team. In January, the company announced that it had hired its first CFO, Thomas Kupper.
The price increase is also a reflection of the increased competition in the website builder market. In the past few years, we’ve seen a number of new entrants such as Wix, Weebly, and Jimdo. Squarespace will need to continue to invest in its product to stay ahead of the pack.
Did Squarespace Increase Price?
Yes, Squarespace did increase its prices on February 27th for new customers by $4/month for personal use and $8/month for business plans. The price change goes into effect on April 1st.
This is the first time in four years that Squarespace has increased prices.
Why Did Squarespace Increase Price?
Squarespace likely increased prices due to growing costs associated with new features and expanding its team. Additionally, with more competition in the website builder market from companies like Wix and Weebly, Squarespace needs to continue to invest in its product.
What Does This Mean for Customers?
This price increase could mean thatSquarespace is feeling confident about its position in the market and is looking to grow even more. For customers, this could mean continued improvements to the product.
