I'm curious. Do you prefer monthly or annual billing for a SaaS product subscription?
Dan O'Malley
14 replies
You use and pay for this product as an individual for professional growth. Choosing the annual billing option would give you a 20% discount.
Replies
Natalia Toth@natalia_toth
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.
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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.
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.
Choosing the annual billing option with a 20% discount can save you money in the long run.
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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).
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.
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 :)
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.
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.
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