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AI Affects Prices
Plus: 4 Trending AI Tools
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Welcome AI-Powered Leaders!
Good morning. Today's top story is that “Canva Hikes Prices Due to AI Upgrades“.
In today’s topics:
Canva Hikes Prices Due to AI Upgrades
10 New Quick Hits
4 Trending AI Tools
Leverage User-Generated Content with AI
Read Time: 5 Minutes
LATEST NEWS & QUICK HITS
Canva Hikes Prices Due to AI Upgrades
The Veroneus: According to The Verge, Canva plans to raise subscription fees by than triple the current amount citing the addition of advanced AI capabilities as the reason, for the increase.
The Details:
Subscribers of Canva Teams can expect an increase in their fees, from $120 to $500; however they will enjoy a temporary discount that lowers the price to $300 for the initial year.
In Australia, the cost for a team of five will jump from $480 AUD to $2,430 AUD annually.
In Septembers arrival of the pricing model will coincide with Canvas enhanced range of products, for its current users.
Some users express dissatisfaction with the alterations. Are contemplating a shift, to Adobe offerings.
The Significance: This hike in prices marks a change for Canva as it transitions from being a wallet friendly option to offering a more high end service. A move that might distance its current users and affect its competitiveness, in the graphic design industry.
What do you think about upgrading tools with AI features despite the price hike? Tell us why. |
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TRENDING AI TOOLS
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Together with Lighthouse
PROMPT TUTORIAL
Leverage User-Generated Content with AI
Prompt Template:
Develop a strategy for encouraging user-generated content (UGC) for [business type] in [location],
focusing on how to incentivize customers to share their experiences with [product/service] on social media.Response:
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