Category: Subscription Management

What Types of Business Models Are Suited for Subscription Billing?

Posted on: August 17th, 2020 by bpadmin No Comments
subscription billing Subscription billing is a better fit for some business models and industries than others. The decision to implement a subscription-based strategy should depend on the product or service being sold, as well as how customers expect to pay. In general, business models built around repeat utilization or that provide regular access to a service work

5 Key Considerations Around Subscription Billing Solutions

Posted on: August 11th, 2020 by bpadmin No Comments
subscription billing solutions Subscription billing solutions come with both advantages and disadvantages. When designed well, subscription models offer convenience for both businesses and their customers. Customers get what they want on a regular basis for a set price and businesses have a predictable revenue stream. On the other hand, subscription pricing may be leaving money on the table

What is Subscription Billing?

Posted on: August 7th, 2020 by bpadmin No Comments
It may not exactly be a new term, but we still get asked, “What is subscription billing,” fairly often. Subscription billing is a charging method that enables merchants to bill customers automatically on a fixed schedule for a specific product or service. Although the subscription billing model has its roots in earlier times, the ability

The Power of Platform Extensibility: Accelerating Ideas into Revenue

Posted on: July 24th, 2020 by Brad Sawaya No Comments
platform extensibility Buyer behaviors are changing at historically high rates while markets and economies are more unpredictable than anyone can remember. As a result, most companies are scrambling for innovative ways to offer products and services to meet the new standards of buyer needs. Sales teams are solving these challenges with a wide array of creative pricing,

Online Subscription Management Helping Industrial Segment

Posted on: June 28th, 2019 by Dennis Wall
With modern technology and sophisticated billing solutions, industrial manufacturers can now participate in the global subscription economy and deploy disruptive business models with ease. It’s an exciting time to be in the space, technological advancements have transformed subscription revenue models. But these changes go beyond pure subscriptions-industrial businesses are embracing multiple recurring revenue models (subscription,

Freemium Business Models Can Help You Succceed

Posted on: February 20th, 2019 by Dennis Wall
The “freemium” (“free” + “premium”) business model has grown more and more prevalent over the last decade. Initially popularized by software companies (particularly SaaS), the model creates value for both organizations and consumers within a low-risk relationship. For those interested in deploying freemium business models, there are 4 key elements any company should consider to

Removing Boundaries with Formula Based Rating

Posted on: May 13th, 2016 by Leonid Solomonik
formula based rating Traditional Rating Traditionally, rating is defined as a rate applied to a quantity or interval. A product can be rated as a metered quantity or a subscription fee applied to a period of time and several basic models such as pricing tiers and thresholds augment these basic components. But what if your product doesn’t fit