vertical SaaS<\/a> business model involves SaaS products for specific industries like retail, healthcare, education, construction, manufacturing, insurance, or finance. Contrary to horizontal SaaS solutions, they don\u2019t suit every industry or niche market. As for the pricing, they can include any structure their providers prefer.<\/p>\n\n\n\nSome vertical SaaS providers include Riskalyze (finance), Kinnser Software (healthcare), and ServiceTitan (commercial and home service).<\/p>\n\n\n\n
Pay-as-you-go<\/h3>\n\n\n\n Pay-as-you-go (PAYG) or usage-based SaaS products enable customers to only pay for what they use without committing to fixed monthly or annual payments. They can use all the features, but their provider will only charge them according to usage.<\/p>\n\n\n\n
Some SaaS companies using this adaptive pricing model with metered billing include Amazon Web Services (AWS), DigitalOcean, and WordStream. Mailchimp also has a PAYG plan besides its freemium structure.<\/p>\n\n\n\n
Conclusion<\/h2>\n\n\n\n SaaS products are excellent for startups, requiring minimal upfront investments, especially when using a white-label SaaS. They open the door to recurring revenue, high scalability, and soaring customer retention rates.<\/p>","protected":false,"gt_translate_keys":[{"key":"rendered","format":"html"}]},"excerpt":{"rendered":"
According to the latest SaaS industry statistics, about 30,000 SaaS companies operate worldwide, with +8,550 generating over $1 million in revenue. Experts estimate the market will grow dramatically, reaching nearly $1.3 trillion by 2030. Now is the time to start a SaaS company and get your piece of the financial pie. The question is, what […]<\/p>\n","protected":false,"gt_translate_keys":[{"key":"rendered","format":"html"}]},"author":15,"featured_media":17604,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[1],"tags":[],"acf":[],"yoast_head":"\n
SaaS Products: Crucial Elements, Types, and Business Models<\/title>\n \n \n \n \n \n \n \n \n \n \n \n \n \n\t \n\t \n\t \n \n \n \n \n \n\t \n\t \n\t \n