Are you a subscription-business owner? If so, then you’re likely familiar with one of the major subscription business challenges – the inability to scale. Subscription businesses are here to stay. As per a recent study by Gartner(1), all new software entrants and 80% of historical vendors are offering subscription-based business models. Setting up a subscription business – is … [Read more...]
Recurring billing and subscription management best practices for SaaS: Things you need to know
As the technology industry is moving away from the traditional billing model, businesses are more efficiently optimizing their spending using a consumption-based approach that benefits customers and providers alike. But to create a great user experience, you must ensure that your Software as a Service (SaaS) billing practices are top-notch. In this article, we will look … [Read more...]
New updates in Microsoft CSP and Partner Center in 2022
Industry analysts predict that cloud adoption will show an exponential trend in the next few years. As more people shift to using these services, Microsoft partners can provide customized solutions for their customers with Microsoft cloud services. Microsoft Cloud Solution Providers (CSPs) offer Microsoft online services like Office 365, Microsoft 365, Enterprise Mobility + … [Read more...]
How to select the right pricing strategy to attract and retain your subscription business customers?
You have started a subscription business because you want to meet your ideal customer needs and make money doing it. To be successful, you need to provide two things: high-quality products or services and an affordable price. It will keep them coming back for more. To determine your optimal subscription pricing strategy, you need to assess both the industry and the … [Read more...]
How to grow your subscription business with a tiered pricing model?
Price is always a critical decision for businesses. The wrong pricing decision can lead to disastrous consequences. One of the most challenging aspects of pricing is figuring out how to price your product or service so you can make a profit while still attracting customers. Many businesses use a tiered pricing model to help them with this challenge. In this post, we'll discuss … [Read more...]