Revenue
Per-Feature Pricing
Definition of
Per-feature pricing is a pricing model used in software and technology industries, where customers are charged based on the specific features they use or need. This pricing model is often preferred by companies that offer a wide range of features or modules, allowing customers to choose only the features they require, rather than paying for an entire package. For instance, a software company offering a project management tool may charge customers based on the features they need, such as task management, time tracking, and reporting, instead of charging a flat fee for the entire package. This approach can be beneficial for both the customer and the software company, as it provides more flexibility and customization, and also ensures that the customer pays only for the features they use.
