Breaking the financial barriers with Storyblok
We already know that a headless content management system (CMS) offers businesses more flexibility, scalability, and customization options than a traditional monolithic CMS. But did you also know that there are many financial benefits that come with the switch? Below, we'll delve into the financial advantages of moving from a monolithic CMS to a headless CMS with a particular focus on Storyblok, discussing how it can reduce costs, increase ROI, and drive business growth.
When considering whether it is worthwhile for a financial platform to implement Storyblok, it’s necessary to have a profound knowledge of its finance-related factors, especially when a company decides to transition from a traditional monolithic CMS. One could, of course, speculate on what is generally more cost-effective - a headless or monolithic approach. However, before deciding to start a project with Storyblok, the following factors should be taken into consideration:
Project type and its scalability potential
Project team size
Specific technology requirements
Implementation, migration, and maintenance costs
General pricing transparency
Having that said, we invite you to discover how we help you overcome the challenges associated with these terms.
How much cost transparency can I expect from Storyblok?
Quote from Julia Doria, Sales Director in Account Management at Storyblok
When transitioning to a headless solution, a great way to consider the financial aspects is to put together the potential costs associated with time to market, development resources, internal workflows, and the costs needed to manage the content. Such a summary will determine how a headless CMS can contribute to lowering the long-term costs associated with each aspect.
What happens with costs when my project scales?
Pricing barriers also deal with the aspect of scalability, both in the sense of the project's future development and the size of a team. Therefore, the following questions come to the surface: What if, in the future, platform maintenance will require more workforce/ team members than in the beginning? How will it be charged?
With Storyblok, the only situation in which your costs will increase is when you decide so. The service’s access plan can be modified flexibly, which perfectly covers the barrier of financial risk for smaller businesses. Moreover, the usage plan can be modified flexibly when the business scales. We are over the moon to see your projects grow and understand that such a perspective might be hard to be foreseen. But also in this case, our pricing remains predictable and lets you freely concentrate on project scaling, without worrying about its effect on unforeseen costs.
Besides project development, we know that a business team can grow as well. After some time, one might need more team members to be engaged in website maintenance and updates, and Storyblok’s pricing covers this aspect, too.
It’s simple as that
Generally, Storyblok pricing is based on a monthly subscription model, which scales with a company's growth. With our Entry and Teams plan, companies have the possibility to build and develop projects based on the number of users and project requirements:
Entry plan: Starts at 5 user seats and can be extended up to 30 users, with an option to add an additional user seat for $9.00/month
Teams plan: Great choice for team sizes of 10 to 40 users, with an option to add an additional user seat for $9.00/month
Enterprise plan: 30 user seats included, with the unlimited possibility of adding new users
Moreover, we want to support you in your individual projects. For this purpose, we offer a free plan that will let you try out Storyblok’s powerful capabilities. Our community plan for developers, freelancers, small businesses, and basically anyone who wants to give it a try, includes one user seat with the possibility to add up to 10 additional users for the price of $9.00/ month. The plan includes integrated capabilities from other advanced pricing options to introduce you to a world of creating great experiences with us - for websites, apps, or any other smart devices.
What about your technology-related costs?
Staying on the pricing & scalability topic, due to project development, how can you know what costs you can expect with the addition of new technologies after implementing Storyblok?
Building a headless platform from scratch requires implementing more technology solutions than a monolithic architecture does. Multiple integration development might mean investing more resources in their integration and maintenance, which might be the reason for your hesitations to take a step towards Storyblok.
At Storyblok, we constantly strive to build new ways for you to be able to connect to the best technology solutions to create extensive and unique user experiences. Depending on a chosen pricing plan, within our Technology Ecosystem, we provide you with a wide range of amazing integrations and solutions that can leverage the power of your project. It's also worth mentioning that the transition to headless may have larger upfront costs, technology related costs are long term investments that pay dividends over time.
Quote from Sascha Plöbst, VP of Sales at Storyblok
With the adoption of a headless CMS, companies can enjoy greater freedom and flexibility in platform advancement, technology integration, and creating immersive user experiences. This investment in best-of-breed technologies can result in sustained increases in customer engagement and revenue over the long term.
We, at Storyblok, believe in full transparency in terms of pricing. That’s why Storyblok’s cost structure is completely predictable and straight-forward. From the very beginning, we have established the pay-as-you-go pricing model, through which we enable businesses to pay only for functions and features that are going to be used by our partners & clients. This means that paying for unused licensing is excluded and no hidden costs will appear during project development.
What are the migration and maintenance costs?
Opting for a headless CMS with data stored on a cloud, like Storyblok, all the installation processes, maintenance, implementation, and upgrades costs are included in license fees and eliminated when it comes to additional payments. All the actions connected to this aspect are on the vendor's site, which frees companies from worrying about security issues, including data breaches and cyber-attacks. Looking at it from this perspective, in addition to financial savings, it also saves time that can be spent on other activities related to the project.
What are the migration and maintenance costs of implementing Storyblok?
With us, all the installation processes, maintenance, implementation, and upgrades costs are included in license fees and eliminated when it comes to additional payments. All the actions connected to this aspect are on Storyblok’s side, which frees you and your clients from worrying about security issues, including data breaches and cyber-attacks. Looking at it from this perspective, in addition to financial savings, it also saves time that can be spent on other activities related to your project development.
The 582% ROI talks for itself
We could further elaborate on the numerous finance-related benefits when making a move to Storyblok, but we also want to share the real numbers behind this migration. Recently, Forrester Consulting published a report on the economic benefits of moving to Storyblok. Storyblok’s Total Economic Impact™ (TEI) study, based on real use cases, estimated that Storyblok generated a 582% ROI over three years, benefiting with $1.97M, demonstrating the NPV (Net Present Value) of $1.6M, with the payback period of 6 months. Also, the businesses experienced a 3x boost in productivity. We’re over the moon to witness the benefits of the investment including the boost in operational efficiency, faster time to market, and future-proof, interchangeable content management possibilities.
Quote from Julia Doria, Sales Director in Account Management at Storyblok
From a financial perspective, a true understanding of the ROI a headless solution can provide is essential when considering a digital architecture shift. As we recently engaged and showcased with the Forrester TEI Study, leveraging Storyblok’s headless solution results in spectacular ROI improvements, in a relatively short period of time. This not only takes into consideration the headless solution cost but the implementation and training as well.
Not convinced yet? See how else you can save with Storyblok
When breaking the barriers of moving to Storyblok, it's essential to additionally take into consideration the aspect of intangible savings. These are the long-term gains that can be seen as future investments. Due to the fact that all the technical concerns related to a website's software development, upgrades, and security are in our hands and included in plan fees, you can save time and concentrate on other platform development activities. The possibility to delegate these activities to us also means savings in human resources, as it excludes the need to delegate technical issues on your platform to your team members. At Storyblok, we’re more than happy to serve you with a solution that not only provides you with a transparent and predictable financial short-term forecast, but also lets you create flexible, scalable, and future-proof technology architecture that simply pays off due to the long-term benefits you get when creating your own digital stories with us.
Do you have more questions? Feel free to contact our sales team directly or take a look at our predictable pricing plans.