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Subscription Model, or One-Time Payment? Which One is Cheaper?
Everyone is eager to save their hard-earned money, and this observation is even more relevant when committing to a specific service package. Common examples include Software as a Service (Saas), e-commerce platforms, renewable online memberships, and website maintenance. There are nonetheless instances when we may be faced with a slight conundrum.
Is it better to pay a one-time fee, or to opt for a subscription-based plan? Although there is no single answer to this question, some useful observations can help to shed additional light on the matter. We will begin with an example...