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Home Technology AI

Canva’s new AI features come at a hefty price tag

Olanrewaju Adeniyi by Olanrewaju Adeniyi
September 4, 2024
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Canva's new AI features come at a hefty price tag

Canva's new AI features come at a hefty price tag

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Canva, the popular graphic design platform, has recently announced a price increase for its Teams product. This change affects businesses and organisations that rely on Canva for collaborative design work.

The price adjustment reflects Canva’s ongoing efforts to enhance its product offerings and provide better value to its users.

Read also: Google Gemini AI reintroduces AI-generated images of people after backlash

Details of the Price Increase

This applies only to Teams, the version of Canva designed for use by several individuals working on a project simultaneously.

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The change in the subscription fee will enable the creation of newer tools and the enhancement of current tools in the platform. While the numbers may differ, users will observe a change in their subscription cost, especially if they are part of a larger team.  

For this reason, Canva has provided several reasons for raising the prices: The system has been investing a great deal in increasing functionality—a complex graphic editor, additional artificial intelligence solutions, and better application compatibility.

To achieve this, the Canva team has included new features to help make Canva more feature-rich and business-oriented.  

For many businesses, it will mean reconsidering and raising the price of their subscription. SMEs, in particular, may need to decide if the additional cost suits the company’s budget and design.

However, the value added by Canvas’s new features could justify the increased expense, particularly for teams relying heavily on the platform for branding and marketing efforts.

Read also: Nigeria’s National AI Strategy: Driving economic growth, ethical standards, and innovation

Canva alternatives and considerations

While Canva remains a leading choice for collaborative design, the price increase might lead some users to explore alternatives.

Competitors like Adobe Spark, Crello, and Figma offer similar features, and businesses might weigh these options based on pricing, user interface, and specific design needs. It’s also worth considering whether a switch would impact workflow efficiency or the quality of design output.

Canva’s decision to increase prices for its Teams product reflects its commitment to enhancing its platform with advanced features and tools.

While the price change may pose challenges for some users, the potential benefits of improved functionality could make it a worthwhile investment for businesses focused on maintaining a strong visual presence.

Tags: AICanva
Olanrewaju Adeniyi

Olanrewaju Adeniyi

Olanrewaju is a creative media professional focused on tech storytelling and digital content creation. He produces engaging content on tech, AI, software, and innovation. He also trains staff on using AI tools for research, video editing, and productivity.

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