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Got Mislead by Hyped Lifetime deals?
What are lifetime software agreements and how do you get the most value from them?
It requires a multitude of applications to make an ecommerce business successful. You can’t manage an online company without access to third-party apps and tools. There are many tools to help businesses to run more successful businesses such as the helpdesk app or social media scheduling tool or stock photo tools. In this post we’ll talk about ways to gain access to the tools you need to manage your online business more cost-effectively, including lifetime deals.
What is a Lifetime Deal and How Does it work?
Lifetime discounts are discounts available to users of apps tools, resources, or other tools. Customers pay a one-time fee for access to these resources.
They’re an excellent source for novices who are unable to afford expensive deals that are payable every month to utilize their technical segment.
Lifetime deals are beneficial in numerous ways. They offer access to various tools that can be helpful for your company and take away the stress of making regular payments.
The seller will reduce the cost of the product. The majority of the time, it is SaaS built. When the time limit is up, the price will go back to the normal price, or higher. Limited time may result in certain items being marked up in price. There’s a time limit so make the most of it and purchase what you need.
Why do we need Lifetime Deals?
Unique and pocket-friendly
Eliminate the stress of making monthly payments
Specials for early birdies
Bookkeeping can be simplified.
This will alleviate the anxiety of losing access to your tool
Excellent investment opportunities in an instrument that is sure to generate pretty interesting ROI
Long Term Asset for Business
For the Life of You A Reasonable Cost
Assists in the direction of your Creative Department.
SaaS Lifetime Software Deals
Lifetime deals offer customers the obvious benefit of saving money and receiving the tools they need to run their businesses. For instance that we would be paying each month for every tool on our technology stack, we would pay about 5000 dollars per month. But, because we’ve taken advantage of so many lifetime deals throughout the years, we only pay 10 percent.
All of it boils down to the following that lifetime agreements make your life easier. You can save money, you will be able to get rid of repetitive bookkeeping tasks and have quicker access to the tools that are required to run your business.
To encourage people to utilize their software, numerous lifetime deals are offered by smaller multi-micro or solo SaaS companies. Although there are many disadvantages of this strategy however, it can be an ideal fit for entrepreneurs who are bootstrapped and are looking for long-term deals.
Lifetime deals are an affordable source for entrepreneurs who usually can’t afford to spend thousands of dollars each month to manage their technology stack. If that sounds like you, then lifetime deals are definitely something you should be looking into!
Keeping that in mind, this implies that lifetime deals might not be the best option for every entrepreneurs. Most companies that are offering lifetime deals are only starting out, so their tools may be limited in features or bugs. The tools may not be available for long or they may become obsolete. This is a good thing, as it will help you expand your business. It is possible to upgrade to the Pro Plan or switch to another application but you’ll need to pay for an annual subscription. At least you have established that the tool is useful for your business and that it’s a viable option for you. This will help you feel more confident in investing in a paid plan.
Why lifetime deals are important for your business
A lifetime deal is one of the most profitable investments you make. They will save you a significant amount of costs and give you all the capabilities and assets that you require to increase the size of your company. If your company is on a budget, lifetime deals are an essential service to incorporate into your tech stack.
Let’s take a look at the benefits of lifetime contracts in greater details.
The advantages of lifetime deals
Lifetime deals ensure that you will not be slapped with monthly bills that are recurring. The tool is yours for the life, you pay only one time. Additionally, you will have lower accounting entries to manage, which is a huge advantage if you’re a solo entrepreneur who manages the books on your own.
The great thing about lifetime contracts is that you don’t have to pay for tools that are only used occasionally, but aren’t essential to your workflow. There are tools that we all use. You’ve signed up to them, and you’re aware that they’re useful. But, you don’t wish for the tool to disappear because you don’t want to lose your work. However, you don’t use enough to justify paying the monthly cost.
Lifetime deals eliminate those “should-I-keep-it-or-shouldn’t-I” feelings because you aren’t paying monthly for the tools! If you do end up not using the lifetime plan the cost will be 40 dollars per month instead of the $20 or something similar.
Lifetime deals can also enable the purchase of tools that can yield a substantial return on investment (ROI) for your company. If you have a plan to see your business growing in the future it is possible to get life-long deals which will be beneficial when you get to that moment. We’ve used this method throughout the years and has greatly benefited us.
We had a clear idea of where we would like to expand our business in the near future. If a lifetime deal was made available that matched our future vision we took the opportunity. They may have been inaccessible at the time or they might even be in storage for years. However, eventually, they became a tool needed to operate a brand new segment of our business.
The final benefit of lifetime contracts is that they permit you to invest in the most recent tools as well as be part of the process of developing your product. It was mentioned earlier that lifetime deals are offered by SaaS firms to entrepreneurs who are just starting out. SaaS companies want their users to utilize their tools and entrepreneurs need tools that help them run their businesses. The drawback to the best software prices is that many entrepreneurs utilize the service even though bugs are being worked out and new features are continually being added.
Though most lifetime deal software are in development, you are able to provide suggestions to the creators and help them develop the one you’d like to use. Creators are typically very willing to hear feedback. They are able to alter their plans of development to suit the needs of their customers, which is often small-scale companies. You’ll likely end up with a tool that’s ideal for your company if you endure the development process.
Take a look at the possibility of purchasing a life-time item
Just because you see an offer that lasts for a lifetime, it doesn’t always mean you should snatch it up. Which lifetime deals are worth the time? What are you supposed to be looking out for?
Take note of the following guidelines when looking at the following criteria when purchasing a lifetime deal.
CONTROL YOUR OLD TOOLS
Look over the tools you have in your tech stack. What tools do you have? What’s not working properly? What can be improved? Do you have any holes? What other tools might you require?
A tech stack audit can reveal the things you need to enhance your workflow.
VETTING LIFETIME DEALS
Although it’s not often, businesses that offer lifetime agreements are relatively new so sometimes they’re dissolved in less time than one year. It isn’t something that is often seen however, it can happen. It’s important to be as safe as possible when investing in companies likely to go down in near the future. Make sure you examine the roadmap for products of any company to see their future plans.
AppSumo and other websites which offer lifetime deals could provide valuable feedback. The Lifetime Tech Deal Fans Facebook group is a good place to reference lifetime deal reviews specifically because the group there is pretty knowledgeable and they often grill the founders in Q&A sessions.
As we’ve mentioned previously that roadmaps are an essential indicator of a company’s future growth and progression. They’re also important to consider when considering life-time deals. Not only will they give you an idea of how long-standing the company is and how progressive they are, but they also give you an idea of how the tool is likely to grow with your business.
As the tools are in their initial stage, they will undergo many more changes as they improve and mature. This is why the product roadmap can help you to determine where the growth is occurring to allow you to make an informed decision on which tool is the best for you. In most cases it will expand and improve your company than it was on Day 1 However, you should check the roadmap for the product to make sure that will be the scenario.
For example, here’s a product roadmap from SocialBee–which is a tool that offered a lifetime deal through AppSumo–so their users can see what features are in the development pipeline.
What kind of life-time deals should you consider including in your tech stack?
So now you understand what lifetime deals are and what they can do for your company and where they are available, and what to look for when selecting the best lifetime deal. You want to be aware of which lifetime deals you should add to your tech platform.
Well, it will depend on the needs of your tech-related needs of your business. Each business has its own needs, but the best place to start for every business is to find a lifetime deal for your essential tools.
Utilize specific tools to manage your business. Look into lifetime agreements for tools that offer similar functionality. You won’t need to pay each month or year for the same functionality. This could save you a lot of money in the long-term.
These are the types of tools we suggest to all companies in order to locate lifetime deals.
Helpdesks: Every business needs a way of communicating with clients and customers. The majority of the time, this is via email. Helpdesks will be required throughout the life of your business. If you pay monthly, or yearly, it can be quite expensive. Find a deal that lasts forever for a helpdesk that comes with basic functions. Also, check out their product roadmap to find out what’s coming up.
Marketing Tools What ever kind of marketing you are doing, getting the tools you need with an annual deal is a great way to ensure you run effective campaigns.
Credits for Stock Photo/Video/Audio Services. If you are using stock images or videos for your projects A perpetual subscription to credits from an online stock agency could prove useful. Make sure you have enough (no pun intended) on credits, and they can keep you going for a long time!
Security Tools: Usually you’ll never regret investing in something that can secure your company, and security tools are usually something that you commit to throughout your business’ life, so it’s a bonus to pay for it once and then gain access to it forever. Look for VPNs, firewalls, backup services, etc. Our How to Bulletproof Your Online Store article gives more ideas for security tools you can implement into your business’ tech stack.
Photo/Video editing: Many businesses require editors for photos or videos to produce content for their social media and websites. If this is important to you then you’ll want to look for software for compression of images that can improve the quality of your photos for product or video editing software that creates great content.
Link Shorteners, a software for businesses that will maintain their links in order regardless of their social media profiles or via affiliate links. Because it’s an industry common tool that you’ll utilize every year, it’s logical to sign up for a lifelong agreement to utilize link shortening tools.
We are glad you now have an understanding of the life-time deals. They’re among the things you should be on the lookout for in the course of running your business because you can save money when you discover ones that work for your business.
It is important to evaluate your current technology stack to identify the tools you’re using and which ones you can upgrade. Look for deals that last a lifetime to purchase tools you can use! You’ll require the right tools to run your business and it’s important to find ways to cut costs while still getting the best value.