Category: Subscription Management
What Types of Business Models Are Suited for 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 work5 Key Considerations Around 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 tableWhat is Subscription Billing?
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 abilityThe Power of Platform Extensibility: Accelerating Ideas into Revenue
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
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
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 toRemoving Boundaries with 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
