in the fandom raymond mcraster cannot be killed
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Well how was i meant to know i dont give a single fuck about chicken gun.
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its the hypersphere fandom
Grey Crewmate:mute kinda
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Close enough as its a fandom NO ONE BUT YOU cares or as even heard about.
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Grey Crewmate:with the wall uniform
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what he looks like
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Im losing faith just by Bullshit33, dash, red, and Silence bruh
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I found the pros and cons of annual discounts model.
https://www.levenue.com/blog/the-negative-effect-of-discounts
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COOL
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Although a popular sales tactic, using discounts will generally have a negative effect on your XaaS company. Here are a few ways how:
Lower brand value
One of the main negatives of offering discounts is that it decreases the value of the brand and product or service overall. Not only does your customer view your product as lower quality, but it also trains them to only buy when there is a discount. This can quickly lead to a downward spiral where discounts lead to more discounts, further decreasing the brand value.
A lower brand value attracts price-sensitive buyers. These types of buyers are harder to upsell to, and also won’t be so happy when a discount is removed and they are forced to pay full price. Price-sensitive buyers are also less likely to become long-term customers.
Lower quality customers
As a XaaS company, you want to be focusing on retention rather than acquisition — that’s how you recoup your costs and make a profit.
But price-sensitive buyers coming through discounts are low-quality customers, and these are particularly bad for XaaS companies. Why? Because it increases churn. High churn rates mean you actually end up losing money on each customer.
Discounts usually bring in customers that stay on for a short period of time — as a XaaS company, not only do not recover your cost per acquisition costs, but the average lifetime value of a customer drastically decreases.
In fact, according to data, XaaS discounting lowers LTV by a staggering 30%.
Unpredictable growth
One of the main advantages of the XaaS business model is that growth is predictable every month. But with too many discounts, this ceases to be the case. Customer loyalty isn’t consistent so churn increases and your monthly revenue varies widely from month to month.
This can mess up a XaaS company’s growth strategy since it’s hard to predict churn rate when it fluctuates so much.
A high churn rate also means it’s a lot harder to get a good picture of who your persona is since they don’t stay on for long enough. Not understanding your target market and not building a loyal customer base can quickly tank a company.
Revenue loss
One of the most obvious downsides is that too many discounts can seriously affect revenue. Most annual discounts are 20% to 30%, which essentially devalues the product by the same percentage.
As a XaaS company, you likely get valued on your revenue. By issuing too many discounts that decrease revenue, you risk getting a lower valuation and therefore make it a lot harder to raise money in the future.
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And since modd.io is a XaaS company, they should remove the annual discounts, even if they don’t have that much purchasers.
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whats XaaS
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XaaS, which stands for “Anything as a Service”, is a broad term describing the delivery of various IT-related products, tools, and technologies over the internet, typically through a cloud computing model. It encompasses a wide range of services, including Software as a Service (SaaS), Platform as a Service (PaaS), and Infrastructure as a Service (IaaS), and many others. Essentially, instead of purchasing and maintaining physical hardware or software, businesses can access these resources on demand through a subscription or pay-as-you-go basis.
Here’s a more detailed explanation:
- Cloud Computing Foundation:
XaaS relies heavily on the concept of cloud computing, where resources are hosted remotely and accessed over a network.
- Subscription or Pay-as-you-go:
Instead of upfront investments in software or hardware, XaaS services are typically offered on a subscription basis or through a pay-as-you-go model.
- Flexibility and Scalability:
XaaS provides businesses with the flexibility to scale their resources up or down as needed, avoiding the costs and complexities of managing their own infrastructure.
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Examples of XaaS:
- SaaS (Software as a Service): Accessing software applications over the internet, like email or customer relationship management (CRM) tools.
- PaaS (Platform as a Service): Providing a platform for developing, running, and managing applications without the need to manage the underlying infrastructure.
- IaaS (Infrastructure as a Service): Offering virtualized computing resources like servers, storage, and networks.
- Other examples: Desktop as a Service (DaaS), Storage as a Service (STaaS), and many more.
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Benefits of XaaS:
- Reduced Costs: Lower upfront investments and operational expenses compared to traditional IT setups.
- Increased Flexibility and Scalability: Easily adjust resources to meet changing business needs.
- Simplified Management: Offloading the burden of managing infrastructure and software to the service provider.
- Faster Time to Market: Quickly access and deploy new technologies and solutions.
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(eh i aint reading all that)
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I concur with pavlova and his woah thats intresting but i sure dont care
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TL;DR;
XaaS is a broad term that describes the delivery of IT-related technologies. They mostly have subscription or pay-as-you-go models. They usually have annual discounts, usually around 20% to 30%.
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oh ok
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I could say the same exact thing to you.
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