Creating a consistent MRR (Monthly Recurring Revenue) as an MSP (Managed Service Provider) is not always the easiest task. You need reliable services that guarantee your customers a product that they will not want to let go of.
So, how do you grow revenue as an MSP?
Cost Efficiency
The software and services that cybersecurity companies offer can get quite expensive, but by installing our SIEM (Security Information and Event Management) solution, you will pay less for a product that gives an entire network of devices instead of paying more for other software that covers just one device. We understand that as an MSP, you make money based on the number of devices or users you can provide security for. However, if you can affordably cover an entire network (i.e. servers, firewalls, personal devices, etc.), there is a larger margin between the actual expenses and your potential profits. By being able to offer more coverage for less, you would be able to increase the number of users and/or devices companies would want you to cover, and the cost difference is something you could capitalize on.
Our Services
Everyone in business wants to attract consumers that are loyal to a product, and with the consistency that our team and our solutions give to our partners, we establish that long-term relationship. The users of our services are never in a hurry to find another cybersecurity company. We have been able to instill trust with our partners by providing a reliable service that withstands the ever-developing tactics of online threats and attacks. It’s not just through a product that we have been able to do this, but by creating solid solutions that only a team of cybersecurity experts could.
When you offer a service that is consistently up to the task of stopping any potential problems before there is any need for concern at a good price, you are going to build up a client list that won’t be looking for anything else any time soon.
Once you start selling cybersecurity services and receiving a larger profit from the gap in cost, you will only begin to see your MRR grow. When you start retaining customers, that’s when you will really start feeling the difference. If you want to learn more or jump right in, contact us today.
