Managing customers or subscribers of a subscription-based business is not an easy task. This gets even more complicated when you grow. According to a survey, recurring billing management has been one of the significant challenges among SaaS startups. While the lack of knowledge of recurring billing dynamics has only fueled the challenge, entrepreneurs often …
Price, convenience, and personalization are the three primary reasons; subscription business models have gained popularity in recent years. According to Gartner, all new software entrants and 80% of historical vendors have kept SaaS options in their business model to avoid losing out on the market traction. From airlines to the hospitality industry to car …
The year 2021 is not going to be ordinary. It will carry the baggage of an active pandemic, a permanent change in consumer spending, and a massive boom in subscription-based businesses. While the former two are beyond control, the latter has opened the stage for cut-throat competition in the subscription billing industry. Because it’s …