blog.profitwell.com – Are you offering annual billing on your pricing page?
If not, you’re with the majority of SaaS companies missing out on substantial revenue . 4 out of 5 SaaS businesses don’t boost their monthly subscriptions plans with an annual subscription option.
You’re also leaving a huge opportunity on the table. Billing annually is one of the easiest things you can do today to grow your SaaS business.
Add a yearly option alongside your monthly plan. Even if only 10-20% of customers take the option, it will improve your cash flow immediately and boost your customer retention in the long-term.
Read more at blog.profitwell.com