In his @IndieHackers podcast episode, @theSamParr talks about having annual billing only. He's in the content business, and it seems to work very well.
What kinds of SaaS would that work for? Enterprise B2B? Is it even feasible for SMB-sized SaaS customers?
Any thoughts?
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Annual billing often works for Enterprise products as the churn is low in that space because of the switching cost. User looks for a longer term solution. In the case of SMBs, it won't work for new founders with new product having less popularity.
"it won't work for new founders with new product having less popularity." Obviously, that statement isn't true. If you don't do it correctly, it might not. But it certainly can work.
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Agree to your point. It definitely works when the product is promising with a delightful user experience and having a great first impression from website to the app.
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