Demystifying SaaS Metering: 7 Best Practices for Driving Revenue and Customer Success
The shift from traditional flat rate billing to usage-based or metered consumption billing is becoming increasingly popular in the SaaS industry, benefiting both customers and businesses. To remain competitive, it's crucial for companies to understand best practices in SaaS billing. These include clearly defining usage tiers, setting transparent pricing, incorporating volume discounts and usage alerts, integrating products with billing systems, maintaining customer engagement through user-friendly portals, preventing revenue leakage by utilizing customer data, localizing billing systems for global expansion, and automating billing processes. By following these best practices, businesses can focus on growth while providing customers with a flexible and value-driven billing experience.
Company
Togai
Date published
July 5, 2023
Author(s)
Kavyapriya Sethu
Word count
1019
Hacker News points
None found.
Language
English