Dear SaaStr: How Do I Convince My Customers with Monthly plans to Upgrade to Annual Plans?
SaaStr
MAY 27, 2021
Large customers only pay via invoices, especially for any deal of any material size (>$10k a year). Invoices have their own annoying set of characteristics (they can be Net 60+, you have to deal with procurement, etc.). The last thing a VP in a Fortune 5000 company wants to deal with is credit card payments or monthly invoicing.
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