Shay Willard joined SamCart with an awesome mandate:
✅ Launch a brand-new product inside an established business
✅ Define its pricing & packaging from scratch
✅ Drive meaningful ARR and commercial value
Tackling pricing & packaging is usually scary and most product folks are learning how to do it on the fly.
Rather than guessing, Shay went deep into primary research. He conducted dozens of customer interviews, ran price sensitivity tests, and studied competitive benchmarks to land on a schema that worked.
What happened?
- The new product, CreatorU, grew to 80,000+ users in its first year
- It generated more than eight-figures in ARR in year one
- It attracted customers who weren’t even using SamCart creating a new funnel into the core product.
Key Takeaways from This Episode:
🔹 Pricing is a product decision -- Product managers who take ownership of pricing help ensure their products generate real commercial value.
🔹 Willingness to pay research is critical -- Instead of assuming, Shay got on calls, asked direct pricing questions, and shaped pricing around the willingness to pay of real customers & prospects.
🔹 Going multi-product requires clear positioning -- SamCart serves mature merchants. CreatorU serves beginners. Keeping them distinct—while enabling a natural upgrade path—was a critical decision.
𝗧𝗵𝗮𝗻𝗸𝘀 𝘁𝗼 𝗦𝗵𝗮𝘆 𝗳𝗼𝗿 𝘁𝗵𝗶𝘀 𝗰𝗼𝗻𝘃𝗲𝗿𝘀𝗮𝘁𝗶𝗼𝗻! 𝗧𝗵𝗶𝘀 𝗶𝘀 𝗼𝗻𝗲 𝗼𝗳 𝘁𝗵𝗲 𝗺𝗼𝘀𝘁 𝘁𝗮𝗰𝘁𝗶𝗰𝗮𝗹 𝗲𝗽𝗶𝘀𝗼𝗱𝗲𝘀 𝘄𝗲’𝘃𝗲 𝗱𝗼𝗻𝗲 𝗳𝗼𝗿 𝗽𝗿𝗼𝗱𝘂𝗰𝘁 𝗺𝗮𝗻𝗮𝗴𝗲𝗿𝘀.
If you’re thinking about pricing, monetization, or launching a new product, this conversation is worth your time.
Chapters:
00:00 – Intro & Welcome
01:15 – Shay’s career journey: From EdTech to SamCart
04:30 – How an MBA introduced Shay to pricing strategy
06:45 – When pricing & packaging became central to his PM role
08:10 – Joining SamCart to launch a new product
10:00 – Understanding the business opportunity & risks of multi-product expansion12:25 – Why SamCart needed a second product & who it was for
14:50 – Building a product for new creators vs. mature merchants
17:10 – Turning CreatorU into a revenue-generating business
19:05 – Finding product-market fit with a second product
20:45 – Early pricing decisions: When and how to monetize
22:30 – Learning pricing & packaging on the fly
24:00 – The power of primary research in pricing
26:10 – How Shay conducted willingness to pay interviews
28:00 – Pricing for adoption vs. maximizing revenue
30:15 – Pricing & packaging strategy: What worked and what didn’t
32:45 – CreatorU’s impact: 80,000+ users and $9–10M in ARR
35:10 – Why segmentation is crucial in pricing
37:00 – How SamCart positioned CreatorU separately from its core product
39:25 – How pricing decisions were made internally at SamCart
41:00 – The cross-functional approach to pricing & packaging
43:15 – How SamCart manages feature gating & entitlements
45:00 – The technical implementation of pricing (billing, CRM, access control)
47:20 – The importance of pricing & packaging as a PM skill
50:00 – Final takeaways: Why PMs should own pricing conversations
52:00 – Shay’s career-defining moment
54:00 – Where to find Shay & closing thoughts