How do people make money from SaaS?

The SaaS (Software as a Service) business model is the strategy behind how a SaaS company plans to run, make money, and survive. It involves customers paying a subscription fee to use the program after it has been placed in the cloud. Advantages include faster innovation, product-market fit, a unique selling proposition, reduced launch time, accelerated market penetration, and stable revenue. Negatives include increased conversion time, easily replicable business model, fierce rivalry, security risks, and the need for substantial resources to sustain and develop a firm.