Software is used in almost every organization to improve a company’s production and make operations quicker and hence, Software as a Service (SaaS) has become a big part of the computer industry. There are many companies that decide the pricing of these services based on their approaches.
There are several approaches by SaaS companies and they price their services according to them. This approaches-based pricing includes value-based pricing, usage-based pricing, and user-based pricing. These companies usually have an annual pricing plan whereas a few have their prices available to the public.
Statistically speaking, 98% of SaaS businesses receive positive feedback from making core changes to their pricing policy. An appropriate pricing strategy and coming up with a pricing policy goes a long way for a SaaS business. Below is an infographic which shows the latest SaaS pricing trends based on statistics.
Infographic by: invespcro.com