What is the primary advantage of adopting a subscription model in SaaS businesses? 🔊
The primary advantage of adopting a subscription model in SaaS (Software as a Service) businesses is the provision of predictable and recurring revenue. This model allows companies to maintain a stable cash flow while offering customers continuous access to their services. Additionally, subscription-based pricing often lowers the initial cost for users, encourages long-term customer engagement, and facilitates consistent updates and support, enhancing overall customer satisfaction.
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