The subscription economy is proliferating, and as more businesses move to the Software-as-a-Service (SaaS) model, the need for subscription management and billing software becomes increasingly essential. The global subscription & billing management market is expected to grow from $5.10 billion in 2021 to $5.84 billion in 2022 at a compound annual growth rate (CAGR) of … [Read more...]
During the last decade, the reliance on subscription businesses has increased. From groceries, meals, supplements, and cosmetics to audiobooks and other software products and services – everything is just a click away. The growing demand for subscription services is also attracting new entrants. Check out the below stats: By 2022, 53% of all software revenue will be … [Read more...]
DTC (direct-to-consumer) companies are constantly looking for ways to keep their customers engaged. Many companies are now using a DTC framework – where no third-party retailers or wholesalers are involved, to offer their products and services. This allows customers to have a better experience and gives the merchant more control. This framework that involves subscription of … [Read more...]
Technological innovations have always been welcomed with a sort of friction – think about 3D printing, drones, driverless cars, cab services, travel websites, and automation. These innovations are disruptive and are believed to replace jobs requiring human intervention and sometimes even industries. For example, travel websites like Expedia and Travelocity can replace the need … [Read more...]
Subscription businesses are becoming more and more popular these days. Why? There are a few reasons for this. First, subscription businesses are very convenient for customers. They can subscribe to your service and then forget about it – they will always have access to the product or service that they need. Second, subscription businesses are very profitable for … [Read more...]
