Resource Build better business websites, faster. Without coding. 

 125 days ago
 Source: startuptalky.com

Software as a Service (SaaS) Revenue Model

Quick Summary

But the most significant change that the SaaS model brought — the one at the root of all the other changes — was the SaaS revenue model. The software as a service (SaaS) revenue model is associated with regular, ongoing payments over a defined time period, in exchange for the use of a software application or other tool. The Three Phases of the SaaS Revenue ModelBefore SaaS, the software revenue model was transactional and all that mattered was the initial sale of the software product. SaaS Revenue Model Phase 3: Expansion RevenueOften overlooked, always important — this is where the true secret to SaaS growth lies. Operational implications of the SaaS/subscription revenue model: Companies employing the SaaS/subscription revenue model should focus primarily on delivering cost-effective customer value.

Disclaimer: This story is auto-aggregated & summarized by a computer program and has not been created by StartupAround.

Read Original Article
Get the best stories from Startup Around on Telegram