Pricing is not just about generating revenue, but also about positioning your product in the market and attracting the right customer segments. A well-defined SaaS pricing strategy can drive growth, increase retention, and maximize profit margins. The right pricing model depends on various factors such as industry trends, customer needs, and business goals. To choose the right pricing strategy, it's essential to understand your market, know your customer base, and test and iterate based on feedback and metrics. Some popular pricing models include freemium, usage-based, tiered, value-based, and flat-rate pricing. Each model has its advantages and challenges, and it's crucial to select the one that aligns with your business model and target market. Advanced SaaS pricing strategies can be complex, but tools like Togai provide support for over 107+ pricing models, real-time metering and tracking, flexible subscription management, reduced churn, and seamless integrations. By choosing the right pricing strategy, you can drive growth, increase retention, and maximize profit margins for your SaaS product.