Companies that went from subscription-based billing to usage-based and saw success

Subscription and usage-based billing are two strategies used by software-as-a-service (SaaS) providers. Usage-based billing is gaining popularity among SaaS companies, with many shifting from subscription-based to usage-based pricing. This approach aligns the price with the value provided to customers, increasing customer satisfaction and loyalty. It also provides valuable information about consumer behavior and use trends, helping companies optimize their product offers and pricing strategy. Usage-based billing can assist SaaS organizations in identifying and mitigating potential churn issues and better understanding customer needs and preferences. Companies that embrace this strategy are likely to gain a competitive edge in the market as usage-based pricing is projected to continue growing in popularity.