With the flat rate pricing model, you can offer a single feature set for a flat rate. This is probably the easiest way to sell a SaaS application - a product with a defined set of features for the same price.
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Advantages of Flat Pricing
Offering a single product at a single price will allow you to focus on selling a well-defined offer. It's an easy-to-trade pricing model, as the Latest Mailing Database flat price makes it easier for any potential customer to understand.
Disadvantages of Flat Rate Pricing
It is difficult to serve various users. If you are targeting the B2B industry, you cannot deploy a B2C friendly flat price pricing strategy because you will miss out on products that need your product. You only have one chance to convince your prospects – they will either become flat-rate customers or they won't.
It is the most typical pricing model in the SaaS industry. It provides multiple packages. Each package has a different set of options designed to meet the needs of various users.
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Advantages of Tiered Pricing
With this pricing model, you can focus on multiple target personas. A single package can only fit into one target role. With tiered pricing, you can personalize your package for various types of customers.
You can maximize your earnings by selling premium packages.
Disadvantages of Tiered Pricing
It's tempting to offer different packages to meet different needs, but, for everyone, you can't do it all. People can get overwhelmed if you offer too many choices and options. Asking potential clients to decide between ten different options is an easy way to lose focus.
Pricing per user
This is the preferred SaaS pricing model, and it all boils down to its simplicity. A user pays a monthly fee. For two users, the price will double, and so on.