Are you a SaaS business looking to go global and increase your customer base? If so, adopting the multi-currency approach is a critical step toward scaling your business to new frontiers and geographies. This approach ensures that customer transactions are much easier, transparent and very convenient. For subscription businesses, recurring payments are a major source of revenue. It allows customers to make payment in their local or preferred currency. This can easily increase customer satisfaction, improve loyalty, and reduce churn.
The subscription industry is popular for its jargon-heavy specialized and industry-specific concepts that can overwhelm both new entrants as well as experts in the field. However, understanding the subtilities of these terms can easily help one to navigate into this dynamic industry with confidence.
The Quantity-Based Pricing model is a strategic pricing tool that determines the price according to the quantity of the purchase made.
Data and subscription business are inseparable and deeply intertwined. It is this data that forms the foundation on which these businesses achieve growth and success.
Learn more about proration, why subscription businesses prefer it, and what are the challenges while implementing it.
With Vertical SaaS models gaining popularity among startups and established businesses, here are a few benefits that can help you
If you’re into subscriptions and are planning to scale your business, here are the most important tools and processes you must incorporate.
Monitoring your customer engagement score is important, especially if you’re serious about increasing your MRRs and optimizing your churn.