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The 10 Best Performing SaaS Solution Providers 2018

Insights Success has selected some of the most prominent organizations around the globe in the issue of “The 10 Best Performing SaaS Solution Providers 2018”. These organizations are transforming the SaaS industry with their revolutionary innovations and foremost initiatives that mainly focus on product acceleration and customer satisfaction.

Insights Success has selected some of the most prominent organizations around the globe in the issue of “The 10 Best Performing SaaS Solution Providers 2018”. These organizations are transforming the SaaS industry with their revolutionary innovations and foremost initiatives that mainly focus on product acceleration and customer satisfaction.

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SAAS<br />

Can<br />

Create<br />

Business Developments<br />

with Different<br />

Revenue Streams<br />

Revenue Tips<br />

<strong>SaaS</strong> or ‘Software as a Service’ is being used rigorously in current business ventures as it provides<br />

more accuracy and vision to any business project. Interestingly, with this solution, the importance<br />

of installing the hardware devices to run the data and different applications has lost its<br />

importance. It is a very selective section of cloud computing, through which the future business data<br />

collection process can be simpler than ever. <strong>SaaS</strong> is a very profitable genre in the field of futuristic<br />

business ventures, and thus a question may arise about the <strong>SaaS</strong> business, and that is what could be the<br />

revenue stream for such business enterprise, or in general words, the earning process for the <strong>SaaS</strong><br />

business!<br />

Unfortunately some people believe that there are no such good ways of earning revenue for Saas<br />

business and if there are some sources, those are very minor in their conducts. Interestingly, the reality<br />

and the current situation are otherwise, and there are a number of ways in which the <strong>SaaS</strong> business can<br />

earn its revenue. ‘Payment’ to get the software is not the only mode of earning, and the enterpriser of<br />

this business can earn great revenue with multiple options, without stressing out on particular section of<br />

the business venture. Here are some of the solutions:<br />

Set-up Cost and Upsell<br />

A Set-up cost is one of the common ways to earn the revenue and it gives clarity to the providers about<br />

the authenticity of the users and determines the commitment too, thus it is a great way to explore the<br />

minds of the customers and the possible future relationship with the users. On the other hand the set up<br />

earning can actually lead to the upsell market for the <strong>SaaS</strong> providers. It is one of the easiest ways to<br />

enhance the revenue through the existing customers, and it is a great business opportunity, as this way<br />

of earning lessens the dependency of the brand on the pressure of adding up new customers. To<br />

maintain the continuity with the existing customers certain facilities like offering additional storage,<br />

speed, data, bandwidth or the frequency are enlisted as 'services'. Though, this process of earning is<br />

largely dependent on the benefit of the product or the service, along with the need or requirement of the<br />

client.<br />

Affiliate Marketing<br />

It is another great way to boost the earning for the <strong>SaaS</strong> business as, through this process, it becomes a<br />

two-way system to get business, where the users advertise or sell the product. As the process is<br />

26<br />

|December <strong>2018</strong>

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