Pricing Strategy

Decoding the Open Source SaaS Pricing Revolution: A Deep Dive with Convoy

As businesses increasingly pivot towards cloud-based solutions, the pricing models employed SaaS providers have become a focal point for scrutiny and innovation. Open source pricing models, in particular, have emerged as a disruptive force in the industry, offering transparency, flexibility, and inclusivity in the way we consume software.

We have recently been engaging deeply with Convoy (YC 2022) as a customer of Maple. Convoy is an open-source webhooks gateway to securely send, receive and manage millions of webhooks reliably. They recently released their new managed service offering for production workloads and their open source pricing model was designed with the intent of providing a platform where customers can simply pay for their consumption.

Understanding Open Source SaaS

Open source software is characterized by the freedom to view, use, modify, and distribute its source code. When applied to SaaS, this philosophy is extended to the service layer, allowing users not only access to the application but also the ability to view and modify the underlying code.

Key Features of Open Source SaaS Pricing Models

  • Transparency: Open source SaaS pricing models provide clear visibility into the cost structure. Users can understand how pricing is determined, fostering trust and eliminating unexpected costs.
  • Flexibility: Users have the freedom to customize the software to meet their unique needs. This flexibility extends to the pricing model, allowing businesses to pay for the features and resources they actually use.
  • Community Collaboration: Open source SaaS often encourages community collaboration. Users contribute to the improvement of the software, creating a shared ecosystem that benefits everyone.
  • Cost-Effective Scaling: As businesses grow, open source SaaS pricing models enable cost-effective scaling. Instead of rigid plans, users can scale resources based on their actual usage, optimizing costs.

Achieve your open source pricing model with Maple

Convoy’s open source pricing model represents a paradigm shift in the software industry. The transparency, flexibility, and community-driven nature of these models align with the evolving expectations of businesses and users alike. The potential for innovation, collaboration, and cost optimization make open source SaaS pricing models a compelling choice for those seeking a more inclusive and adaptive approach to software consumption.

"When we wanted to launch pricing, flexibility was our top priority. We wanted a solution that will enable us easily tweak the pricing to suit our users. Maple was that solution."

— Subomi Oluwalana, Co-founder and CEO of Convoy

Learn how you can also embrace the open source revolution in SaaS pricing and pave the way for a more transparent and collaborative future with Maple.