With the onset of the Covid19 crisis, almost all industries have taken a hit directly or indirectly- SaaS is no different. According to a survey by Gainsight, 77.5% believed their anticipated Net Retention Rate (with the benefit of upsell) would decrease by at least 3% and up to 20+%. Of those companies, 40% believed it […]
Shreya Bhardwaj
SaaS pricing strategy is the most critical part of a SaaS business. If the product is underpriced, you are leaving money on the table. For example: If a product is saving millions of dollars for a business, the pricing should be such that the business recovers those millions of dollars over the lifetime of the […]
Shreya Bhardwaj
If an award-winning Software-as-a-Service (SaaS) product falls in the woods but nobody’s around to hear it, did it even make a sound? This is one of the very famous SaaS riddles which implies that even if you have built a great product but no one is engaging with it, it isn’t a successful product. In this […]
Shreya Bhardwaj
The Quick Ratio of a SaaS company is the measurement of its growth efficiency. The SaaS Quick Ratio is calculated by dividing Monthly Recurring Revenue (MRR) added by MRR lost. Early-stage companies with a ratio of 4 or higher are considered healthy.
Chirayu Akotiya
According to a study by McKinsey, if a SaaS company is growing at 20% annually, it has a 92% chance of ceasing to exist within a few years. Many SaaS companies fail to achieve sustained growth even after getting sufficient funding and testing for the product-market fit. What do you think could be the reason? […]
Shreya Bhardwaj
The last decade has seen the evolution of software — from on-premise to cloud, from perpetual licence to SaaS, from expensive software to highly economical SaaS software. Hence, with the constant evolution in the technology world, the way software is sold is also changing. We are currently in an era where customers have “try before [...]
Shreya Bhardwaj
You must be logged in to post a comment.