How to build SaaS Product |

What is SaaS?

Software as a service is pliable and affordable. Instead of paying everything at once, you can easily stretch it out, and pay overtime. It allows access to sophisticated apps. You only pay for what you use. This is one of the key features of SaaS and also the reason why a lot of businesses opt for this. This just makes the process of using it extremely cost efficient. There is no need to purchase and install special software for your users. It’s pretty straightforward actually. Also it is customisable! You can easily align it to reflect your business’ energy.

How to build a Saas product from scratch? – Free eBook

Saas is a cloud based model which provides users access to functionality of software’s without having to install, configure or update while the entrepreneurs benefit by saving cost associated with hardware, maintenance and support challenges.

What are the features adding to the popularity of Software as a service?

Scalability: SaaS model is scalable and flexible which allows one to plan for the future. This also helps beat competition and have a unique pricing model. With flexible prices, it becomes easier for consumers to buy the subscription.

Data security: Most people are concerned about their privacy and information as subscription services hold the most imperative information about the customers, like bank account details, numbers, etc. But, with Software as a service, the information is safe and secure. It is strong enough to defend against the known hacking techniques.

Seamless third-party integrations: Adding new functionalities or modifying the existing ones gets easier as it allows smooth integration with third- party services.

Retention of customers: A business can only be flourishing and growing if it has a strong customer base. And the only way to build that is to focus on reliability. It provides high quality services and user interface with support and updates. This is one of the key features that adds to its popularity as well.