SaaS Company or “Software as a Service” is a subscription-based business model that helps deliver services over the internet. Compared to the traditional software that often requires users to be physically present in a specific location, you can access SaaS software from anywhere using almost any device. SaaS providers either develop their … Read more
Deferred revenue has many benefits as well as risks that come with it. Understanding deferred revenue, as well as its pros and cons, can help you better apply it in your business. Using that knowledge, you can also be more cautious and safeguard yourself against the liabilities and risks that you might … Read more
Over the next few years, studies have predicted that Saas (software-as-a-service) will grow the number of platforms used by many businesses. To sustain this growth and take advantage of many new SaaS startups and services have been rising. In five recent years – 1,400 SaaS companies and brands have been launched. With … Read more
SaaS or Service as a Software is becoming the fastest growing industry in the world. Many entrepreneurs and businesses want to be a part of this industry by either creating a new SaaS product, investing in the existing SaaS products, or simply acquiring it. But creating a SaaS product is easier said … Read more
You have spent quite a few weeks, months, and even years building your SaaS product. Invested a lot of time and money in the product, and now you’re wondering. How to get traction for your SaaS product? How can you get the 100 first-paying customers? There are many customer acquisition channels that … Read more
Every business plan has the same components, but a SaaS business plan should pay special attention to customer acquisition (i.e. marketing) and the financial strategy. Business plans contain elements specific to the sort of business, thus in the instance of a SaaS company, you’ll want to list all of your requirements and … Read more
Introduction According to Gartner research, the global CPQ market in 2015 was valued at $570 million, a figure that was just a fraction of the CRM market at that time. Things have changed since then with a large number of companies investing in CPQ solutions. Gartner also predicts that the CPQ market … Read more
If you’re trying to raise funds for your business, an impressive pitch deck is an essential part of your fundraising toolkit. A good pitch deck grabs potential investors’ attention and engages them in a conversation about your business, and at last mostly leads to an investment. Remember that an investor’s first impression … Read more
This year, the software as a service (SaaS) market would surpass $15 billion. Many businesses have benefited from SaaS because it helps them to offload some of their IT portfolios to third parties with specialized knowledge. SaaS is obviously proving to be beneficial to businesses, and they are welcoming it. However, this … Read more
For SaaS companies, an important process is to ensure that all consumers benefit from the product. So your goal is to enable consumers to achieve their promised value as they move along the consumer journey. To increase the activation rate, you need to show user value as soon as possible. Growth hacking … Read more
Software as a Service (SaaS) is a software distribution model in which applications are maintained by third-party vendors and provided to customers over the Internet. SaaS customers are mostly companies and sometimes end-users of applications. Therein lies the difference between B2B and B2C SaaS companies. A common example of a B2C SaaS … Read more