Budget-wise, Mailchimp is clearly more affordable at roughly a 7.7x price difference.
For experimentation and testing, Mailchimp wins with its free tier option — something Customer.io doesn't offer.
If budget is your primary constraint, Mailchimp is the clear winner with its more wallet-friendly pricing structure.
If budget is your primary constraint, Mailchimp is the clear winner with its more wallet-friendly pricing structure.