Reducing churn is a key priority, and this goal might actually relate closely to customer acquisition.
IoT companies need to adapt their business models to suit the devices and their customers.
To succeed on a SaaS business model, companies have to put their customers first.
Businesses using subscription billing should focus on minimising involuntary churn to preserve profits and a seamless customer experience.
Numerous businesses saw declining revenues and new subscribers last year. To combat this trend, companies should re-evaluate their acquisition strategies.
With subscription billing increasingly vital, following best practices is essential. Here’s what subscription-based businesses should address.
Refusing to accept multiple payments inconveniences customers and causes a business to lose out on new subscribers.