What are the SaaS Revenue Model Phases? [Video]

If you are building a SaaS business, then you need an excellent understanding of the SaaS revenue model phases. We at DevTeam.Space can guide you, thanks to our software development experience.

After setting the context, we talk about the SaaS revenue model phases. We discuss how SaaS businesses can manage these phases. Finally, we talk about aspects like business models, pricing models, pricing strategies, and product management KPIs.

Setting the context: SaaS business models, pricing models, and pricing strategies differ from traditional licensed software

The SaaS delivery model attained significant popularity due to the value it offers to customers. The global SaaS market is witnessing significant growth.

A Cision PR Newswire report projects this market to grow from $158.2 billion in 2020 to $307.3 billion by 2026. The report estimates a CAGR of 11.7% during the 2020-2026 period.

SaaS businesses differ noticeably from traditional license-based software, e.g.:

• The revenue model phases are different.
• SaaS products reduce upfront investments for customers.   
• SaaS businesses offer various …