I'm curious. Do you prefer monthly or annual billing for a SaaS product subscription?

Question

You use and pay for this product as an individual for professional growth. Choosing the annual billing option would give you a 20% discount.

Elaine Lu · Accepted Answer

I prefer annual billing for a SaaS product subscription because it often comes with a discount and simplifies my budgeting. However, monthly billing can be more flexible for short-term needs or testing out a service.

Kshitij · Answer

Depends on the product, but for personal tools, unless I'm a power user and I'm sure I'd use it for the year, I wouldn't go for annual pricing.

Sol Yousefi ☀️ · Answer

Choosing the annual billing option with a 20% discount can save you money in the long run.

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Business Marketing with Nika · Answer

It depends :D Because some products you need to have just only for a few uses (in that case – monthly – or when I want to test it). When I know, it is a long-term thing, probably Annual (or would be up for a lifetime plan).

Vertika Nigam · Answer

There could be even more factors to make a decision here.

Is the pricing per user or per "some other number"?

How confident I feel in the product to invest a year worth of budget into it?

How has been my team's experience using the product or even a competitor's product?

Because in my company, we use several technology subscriptions. Some are monthly, some are annual.

Olie Fullin · Answer

I prefer monthly, monthly subscriptions offer more flexibility. If you're unsure about the long-term use of the product or if your needs might change, a monthly subscription allows you to cancel or change plans more easily.

Alexandra Goss · Answer

If it's above ~$20/year, monthly

Unless, I'm 100% sold on the service. In my case, it's educational apps like Duolingo or Brilliant

Paulina Hryniewicz · Answer

Depends if I already know the product. If I don't, I might want to do a few months on monthly and when I'm sure it's going to be useful then I'd go annual :)

Dan O'Malley · Answer

@vertikanigam Great questions! I'll edit the poll to be more clear.

Dan O'Malley · Answer

@alex_skazka Thanks! This is very helpful.

Saša Prodribaba · Answer

Start with monthly, spend few months to see if the product is a good fit, and if so, then move to annually to save money.

Fraser B · Answer

Is there a free trial so i can ensure the project is a good fit? If so, give me those annual savings. Otherwise i tend to go for monthly.

Natalia Toth · Answer

Depends on what I expect to get from the product and within what time frame, but in general, I definitely prefer a monthly subscription, because I tend to lose interest in a product rather soon (or because my priorities change fast) :/
I might consider a quarterly subscription though if the product is going to help me achieve a harder goal (e.g. learn a new language or master a new skill)
The only time I got an annual subscription was for a memory and attention training app, but because the yearly discount was really huge and so was the expected benefit.

Dan O'Malley · Answer

@fraser_b Great question! There is a free account for you to try it!

Elena Tsemirava · Answer

It's hard to give a definitive answer. If I'm not familiar with the product, I start with a monthly payment. Later, I might switch to an annual plan because it's usually cheaper.

I'm curious. Do you prefer monthly or annual billing for a SaaS product subscription?

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