Slack Pricing Model



Slack Pricing Model

  1. Slack Pricing Models
  2. Slack Pricing Model
  3. Slack Pricing Model Example
  4. Slack Pricing Model Excel
  5. Slack Pricing Model Definition
  6. Slack Pricing Model
  1. Slack is free for teams of all sizes. Teams can use Slack for an unlimited amount of time without paying a dime. Organizations that need upgraded features, such as searchable archives with unlimited messages and unlimited external integrations, can sign up for a Standard plan at $6.67 per user, per month.
  2. With no apparent plans to run ads in the near future, Slack relies on a simple business model, charging monthly fees of $6.67 per user for the standard subscription and $12.50 per user for the.
  3. The perfect example is Slack’s pricing model. If you were using Slack on a paid account and one of your team members hasn’t logged in within a 10-day active window, Slack refunded the money and credits back to an account. This is unusual for any company to do.

Scores features pricing pricing model integrations What is better Slack or monday.com? A sensible way to choose the right Collaboration Software product for your firm is to match the solutions against each other.

If you’ve ever considered building an online community, you’ve probably heard of Slack and Discord.

These two “team chat” services have soared in popularity over the years, especially for creators looking to connect their community members. That in itself makes sense: Finding powerful and robust ways for your community to interact is an important step in all creator’s journeys.

But when you start comparing the Discord app vs Slack, it can be hard to understand their differences and figure out which one you should go with. Fortunately, we’re here to help you.

Ahead, we’re putting the two community platforms—Slack vs Discord— to the test. But first, let’s explore why it’s important to have a solid community platform for members to interact on in the first place.

Why are online community platforms important?

Online community platforms are important because they give you the tools to connect your members together and provide them with unique experiences and content to interact with.

Let’s break it down some more. At the end of the day, what’s a community? A community is a group of people coming together because of a shared goal or interest. In the past, communities were limited by proximity or how close to each other your members lived.

But online communities allow you to connect with people from around the world. And they are much easier to scale with your community’s growth. Creators who are looking to compare Discord app vs Slack understand the value that comes with building a network for your members to communicate.

Slack Pricing Models

Now that we’ve explored why community platforms are important, let’s dive into what Discord and Slack are all about.

Slack vs Discord: Who are they?

Before we break down the criteria for this throwdown, we thought it would be helpful to explain what Slack and Discord bill themselves as. This is important because there are many different online community platforms and they all emphasize different things.

Slack

Slack bills itself as a faster, easier, and more efficient solution to traditional email communication. Essentially, Slack is primarily a text-based service that allows creators to section topics into “channels,” making it easier to organize the variety of conversations you and your members are having.

For instance, you might have a channel called “General” which is a basic chat room for all members to hangout and talk. Then, if you want to have a place for a specific topic like making announcements, you’d make a separate channel called “Announcements.”

At its heart, Slack is a really organized chat-based community platform for members to interact in.

Discord

Discord is very similar to Slack in that they provide a primarily text-based communication solution for members of a community to interact with one another.

The aesthetics and functionality of Discord are fairly similar to Slack. They allow creators to make separate channels for specific topics. The example we used above to describe Slack applies in Discord as well.

Discord emphasizes that you’re creating a community “hangout” space for your members.

Slack vs. Discord: Judgement criteria

When there are so many online community platforms to choose from, it can be hard to know what software to pick. We’ve come up with some guidelines that will make that decision easier. Our top three criteria are:

  • Customization and features. Your online community succeeds when you have many tools to experiment with. Why? Because it gives your members new ways to interact with one another and your content. We are talking about online course creation, paid memberships, discussion boards, polls, Q&As, member profiles, prerecorded video, video chat, and more.
  • Availability. The best online community platforms will make your content available in as many ways as possible. If your members can access your community or course from a variety of places, they will be more invested. Online community platforms that can be built for and across the web, iOS, and Android is a must.
  • Pricing. How much you’re asked to pay for an online community platform is important. When so many offer similar features, it’s important to make sure you’re getting the most for your money.

There are many ways to evaluate online community platforms, but we believe these three aspects will be the most helpful to unpack.

So let’s dive into the comparison between Slack and Discord!

Slack vs. Discord: Customization and features

When it comes to choosing an online community platform, we believe the best ones give you many tools to encourage interaction between members.

Think about it this way: When you create an online community for your brand, you’re not just connecting people together who like what you do. You’re also creating a network!

Slack pricing model

This means that you want to have the ability to provide experiences for members to interact with one another and build new personal and professional relationships.

Slack Pricing Model

Slack

On Slack, you create “workspaces” for different groups of people to interact in. This speaks largely to the audiences they target: professionals, businesses, and corporations. Essentially your “workspace” will be the hub through which all your community interactions take place.

Within a workspace, you can create the “channels” for discussion topics we talked about earlier. Outside of these customization options, a lot of the rest are fairly superficial (like allowing you to change the color of the sidebar).

Within a “channel” conversation, members can reply to individual messages and create a thread. This is helpful for organizing conversations.

In terms of features, however, Slack does allow for over 1,000 integrations. This means you could integrate things like Google Drive, Giphy (who doesn’t love a good gif?), and Zapier. Outside of integrations, Slack offers video and voice calling if you’d like to have some kind of video hangouts.

Discord

When you choose Discord, you’re largely getting the same experiences with customization and features.

A few major differences are that Discord has “servers” (their equivalent to Slack’s “workspaces”) but they are all accessible through one account. A downside of Slack is that your members will need to have multiple logins if they are part of multiple workspaces. This will make it much easier for members to switch between different groups that they are in and access their direct message wherever they are.

Discord has a heavy emphasis on targeting gamers. Because of that, the platform has robust features for voice chatting in more informal ways.

On Slack, when you want to voice chat it’s basically like a Skype call. But on Discord, you can click a button and voice chat without opening any additional windows. You can even provide your members with exclusively voice chat channels.

When you compare Slack vs. Discord’s communication features, Discord, in general, is much more informal.

Slack vs. Discord: Availability

Right now, people are increasingly interacting with content and communities through their mobile devices. We believe that the best online community platforms allow you to build a space that is accessible wherever your members are, at any time.

Slack

In terms of availability, Slack offers a great mobile app experience that is nearly identical to what you have on your computer. This will allow your members to interact wherever they are across any of their devices.

Discord

Discord has very similar availability options to Slack. When you use Discord for your online community, your members will be able to access the Discord mobile app and interact with the community no matter where they are.

Slack vs. Discord: Pricing

When it comes to pricing, it’s important to choose a platform that provides a great experience for your members and you. What we mean by this is that the online community platform you choose should offer great features and accessibility all at a great price.

Slack

One of Slack’s major weaknesses is its pricing. While Slack does have a free plan, you’ll be restricted to one-on-one video calls, search features will be limited, you won’t be able to share your screen or connect with outside organizations, and you’ll only be able to integrate with up to 10 third-party tools. If you’re trying to grow your online community, then you’ll likely end up opting for a paid plan on Slack.

Their pricing model charges you $6.67/person per month at the standard level and goes up from there. This means that as your online community grows, you’ll have to continue to pay more.

Here of the features that come with the standard plan:

  • Unlimited message archive.
  • Unlimited apps.
  • Group video calls with screen sharing.
  • Work securely with other organizations using Slack Connect.

Discord

Discord on the other hand has a much more accessible pricing model for what most online communities will want.

The primary experience of Discord is offered completely free of charge.

Some of the features you get with Discord are:

  • Unlimited message archive.
  • 9 integrations (game, social media, and some other services), API integrations.
  • Group video calls with screen sharing.
  • The default online concurrent user limit is 5,000 but it can be raised.

When you look at the options offered from Slack vs. Discord, it becomes clear the Discord is a much easier place to start building an online community.

Slack vs. Discord: Who is the winner?

So, if you couldn’t tell from our Slack vs. Discord head to head, the two platforms are very similar.

When you’re choosing between Discord app vs Slack we think it will largely come down to how big your online community is, and what your target demographic is.

Discord is a very informal platform that is largely used for a community hangout space. Slack is used more in businesses as a way for coworkers to connect and interact. This doesn’t mean that they can’t be used for other purposes, but they won’t be ideal.

In fact, the two platforms give you a clear idea of who they are aiming for in their slogans:

  • Discord: Your place to talk.
  • Slack: Where work happens.

We believe that online communities are built around providing members a unique experience that connects them with like-minded people. Slack and Discord are great supplements for online communities, but not the best for building one straight out.

Hold up. Why settle for less?

We spent a lot of time above talking about the ins and outs of Slack and Discord, but they really aren’t your best online community platform option.

We think what we’ve built at Mighty Networks provides a much better experience than what you’ll get at Discord or Slack. At the end of the day, Discord and Slack are both just communication platforms. When you choose to build a community on these platforms you’re barring yourself from so many features. Here are just a few of the many features you get with Mighty Networks:

  • Offer paid memberships.
  • Have your own branded app that is accessible in the App Store and Google Play store.
  • Discussion boards, create polls, and surveys.
  • You can post recorded videos (Update: native live video for online courses is available now!), images, and audio clips.
  • You can have free small groups or charge for access.
  • Build online courses.

We could go on, but there’s no need to rub it in…Mighty Networks is able to do most of what Slack and Discord are doing on top of all of the additional features listed above.

Better yet, all of our features work across the web, iOS, and Android which gives your members flexibility and accessibility to how they interact with each other and your content.

Sounds pretty great, yeah? Check us out!

What kind of online community will you build?

Slack Business Model – Unicorn Economy Analysis

About Slack, Founders, Funders & Facts

Why are you not Slacking?? This is the question which many startup founders are now asking their team mates.

This is the kind of brand that you need to build for a B2B SaaS business.

Slack is a cloud-based team collaboration tool which began as an internal tool used by their company, Tiny Speck, in the development of a product. The name is actually an acronym, which means, “Searchable Log of All Conversation and Knowledge”.

Slack Founders : Co-Founded by Stewart Butterfield (Co-Founded and Sold Flickr to Yahoo!), Eric Costello, Cal Henderson, and Serguei Mourachov.

Slack Funding : They raised about $43 million in April 2014. In October 2014, raised $120 million with a $1.2 billion valuation led by Kleiner Perkins Caufield & Byers and Google Ventures. Earlier investors Andreessen Horowitz, Accel Partners and The Social+Capital Partnership also participated in this round. A funding round that valued the company at $2.76 billion has investments from New investors including Institutional Venture Partners, Horizons Ventures, Index Ventures and DST Global. In April 2016, the company raised another $160 million. Total Valuation today sits north of $3 Billion.

Slack Business Model

Slack Business model is the dream of many venture capitalists seeing their investment burst into funds within weeks of the last round is an investors delight. Slack ultimately gave every one that they needed.

It is funny how slack got investment offers from VCs after they got to know about slack from one of their portfolio firms.

Slack was youngest and the fastest unicorn that silicon valley has seen till date.

Slack Business Model

Slack is a Freemium Business Model and primarily relies on users needing the information that they slacked some time back and if that message is beyond the free thresh hold then Slack would charge money as a subscription to read those messages on a per user basis.

Slack thus is a primarily enterprise level B2B SaaS company but on funnier side of the business i.e. chat whereas Palantir is Enterprise SaaS company for more trickier aspects of the business like research.

Similar to the Slack Business Model is How does Discord Make Money. Have a read.

You may also want to Read :NetFlix Business Model – B2C SaaS

Before we move on to Slack business model, lets see how slack works.

How Slack Works

Simply put, Slack is the market leader for enterprise communication software. Slack wants to integrate everything you need at the office onto one single platform, by becoming a platform for the creation of new software. Slack is investing $80 million in startups that build software and apps for Slack.

Basically Slack integrates with many apps to streamline the entire knowledge sharing and tracking at the workplace. For e.g.

Slack Pricing Model

Slack App Directory of apps that integrate with Slack. Over 160 apps categorize into the design, developer tools, etc., and are quick and easy to install. Slack teams up with other collaboration platforms, such as Trello, an app for product management and Github, a code hosting service. A new relationship with Skype makes it fast and simple for users to integrate Skype via Slack’s platform.

Slack Business Model

Slack is essentially a collaboration and communication tool for the workplace. Communication leads to sharing of notes, messages, links emails etc.

Slack Pricing Model Example

Consider this example: 100 Users in a company, each one exchanging at least 10 messages per day i.e. 1000 messages per day for the company, which means 30,000 messages for the company within 30 days of operation.

Now if anyone wants to access the messages of the first day i.e. beyond the immediate 10,000 messages, then the company will be charged for that user.

Per month pricing plans range from $6.67 to $12 per ACTIVE USER.

Slack Pricing Model Excel

The term Active user is of importance here, since the company gets billed only if the user is active on the platform and not a “per seat” kind of billing like in the majority of enterprise software. For e.g. 100 Users in a company, but only 90 use the software for any given month, then the company pays only for 90 users and not 100 users like it is with large SaaS companies. Facebook for work, Google for work may come up with similar solutions and offer it to their existing customers.

You may also want to Read :How does FaceBook make Money

Slack Revenue Lines

You may also want to Read : Skype Business Model

I feel Slack can make money by becoming someone like AWS Marketplace, Let the platform for communication be used by anyone and let other vendors develop the surrounding software which scales this up.

Slack Pricing Model Definition

Slack has following revenue lines:

  1. Slack for Teams : Single Team with members
  2. Slack for Enterprises : Multiple Teams

Slack Pricing Model

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