Canva Raises Prices for Teams Product
Recent developments at Canva, the popular online design platform, reveal a major shift in its pricing strategy for the Teams product. The company has announced significant price increases, which have triggered considerable discussion and concern among its user base. This article explores the reasons behind the price hike, its impact on users, and the broader implications for Canva and the design software market. Canva’s Pricing Changes: An Overview Canva has implemented a dramatic price increase for its Teams product, affecting both new and existing subscribers. In the United States, the cost of a five-person Teams plan has surged from $119.99 per year to $500 per year. This represents a substantial jump in pricing, although Canva is offering a 40% discount for the first 12 months to ease the transition for current customers. Meanwhile, in Australia, the monthly fee has increased from a flat $39.99 AUD (approximately $26 USD) to $13.50 AUD per user, per month. On an individual basis, the…
