DigitalRoute
flow-image

SaaS pricing in uncertain times – 4 things to consider

Published by DigitalRoute

Software as a Service (SaaS) vendors faces challenges when pricing their services, particularly in the face of record inflation and rising labor costs. On the one hand, the SaaS market is showing rapid growth, with estimates of an 11.3% increase in business software spending to $880 billion in 2023. However, IT departments are facing an economic downturn and are looking to make their SaaS expenditure more efficient. SaaS vendors need to consider several factors when evaluating their pricing strategy, such as 

  • Making price increases reasonable and justifiable, 
  • Reconsidering freemium and flat-rate subscription pricing
  • Offering pricing tiers and usage-based pricing
  • Consider the impact of price increases on customer retention. 

SaaS vendors must be transparent with customers and provide clear value for their services. Read more on how to navigate uncertain times successfully. 

Download Now

box-icon-download

Required fields*

Please agree to the conditions

By requesting this resource you agree to our terms of use. All data is protected by our Privacy Notice. If you have any further questions please email dataprotection@headleymedia.com.

Related Categories Budgeting, Business Software, Revenue, Budgeting, Forecasting, ERP, Cloud