The shift from viewing your offering as a collection of products to a suite is subtle but profound.
Nothing changes at the moment of the switch, but the trajectory from there on out is wildly different.
In computer science this is called a figure-ground inversion.
A great real world example is that before the civil war, "United States" was a plural noun ("The United States are"), emphasizing the states.
After the Civil War, it switched and became a singular noun ("The United States is"), emphasizing the Union.
That was a subtle but profound shift for the nation and charted a wildly different course.
This shift is one that every great company does, and when they do it transforms the business.
The shift will never feel urgent, but it is important.
A portfolio strategy cannot emerge organically out of individual product strategies.
It must be deliberately brought into existence at the level of suite.
From the perspective of each existing product It will feel like going backward, at least for a bit.
This means all of the existing day-to-day incentives and processes will fight it.
If you have a portfolio strategy, then different trade-offs across business decisions resolve significantly more easily.
Before it will be pushing a boulder up a hill.
After that it will be skiing downhill.
A portfolio strategy is not just pricing.
It's Product + Commercialization + Market Reality all supporting and understanding each other.
Every suite has a "keystone" product that holds it all together, the center of gravity.
The keystone must be:
Differentiated / Valuable
Sticky
Adjacent to nearly everything else in the suite
The keystone doesn't need to be a front-door product; it might only make sense in combination with other parts of the suite.
Products in a suite play different roles than just individually "making as money as possible".
When you get direct value out of a thing, you are implicitly trading off indirect value (e.g. stickiness, loyalty, growing the pie).
"Make money off it" is the easy answer, and in a portfolio/suite, often wrong!