Subscription business model is based on the idea of charging for the product or service in a specific interval against fixed duration. Subscription business strategy involves optimizing the business offering for increased revenue and also making them flexible to retain and gain more customers. Subscription business strategy can have short term goals for steady revenue and long term goals for increasing customer base.
Billing disputes are never pleasant. If one of your customers receives a bill that includes charges they didn't expect, you stand to lose their business and receive negative publicity, to boot. In an age where...
The Financial Accounting Standards Boards (FASB) new revenue recognition standards will go into effect on December 15th of this year. Its important to understand why the changes are being made, what those changes are, and...
Were halfway through 2017 and theres no better time than the present to start preparing for future growth. For many businesses, that future growth goes hand in hand with getting new business subscribers. Developing B2B...
Heres a million-dollar question: Do you know how to correctly price your SaaS product? Some business owners believe that offering the lowest price is the secret to success, when in fact determining the value your product...
If your company offers recurring products and/or services, you probably already know that there are many types of billing options at your disposal. Its important to note, however, that some are better suited for specific...
Many business owners think that lowering prices is the best way to maintain a competitive advantage. Unfortunately, this is an all too common misconception that can hurt a business more than help it. Lowering prices may...
There will come a time when some subscription customers for one reason or another decide that they want to cancel the service a company provides. Thats the point at which some companies run into trouble...
If you're a user of Salesforce Service Cloud then you already know how vital it is to an outstanding customer service experience. You know that its revolutionary in its ability to connect your internal teams to...
With the concept of cloud services and cloud software, the implications of billing for the cloud has never been more acute. We briefly mentioned in our last blog post the importance of considering different approaches...
Determining how to price subscriptions for you product or service can often feel like more of an art than a science. You need to charge enough to cover your overhead and also make profit, but...
