SaaS delivers return before investment
blogs.zdnet.com
blogs.zdnet.com
But if your selling something like a simple SaaS application then it doesn't require the long process, and a 30-day trial is probably better suited. Or possibly just offer trials for each vertical industry, so its pretailored to the customer.
Only trouble was, they did not charge for this, and often times failed to close the deal, and the entire operation just became a drag on profitability.
Were I the CEO of this company, I'd fire whoever came up with this scheme. If the company were based in, say, some heathen place in sub-Saharan Africa, I'd hire a tribe of native barbarians to stone his children for good measure.
(Yeah, I feel strongly about this one!)