Subscription Service - Latest updates on Subscription Service
Looking for a Subscription Billing Platform? Here are some “Must-have Features” to Consider! 04 September 2020
Well, if you think accepting credit card payments online is the only thing that a billing platform does, you are missing out on a lot! A subscription billing system amps up your capital, supports your business model, ensures smooth customer service, and drives recurring revenue. Pretty sums up everything, isn’t it? When you are …
Subscription Billing and Recurring Payments: All you need to know! 17 August 2020
Nothing can outweigh guaranteed money when it comes to the success of your business. It happens when you build a sustainable relationship with your customers, and not when you only close a sale. This is where subscription billing and recurring payments help you in having a better customer retention. Whether it is about selling …
How to enhance your Subscription eCommerce Billing? 13 July 2020
100% growth over the last five years? That’s right! We are talking about what precisely the global subscription market has undergone. That’s not all of it. Subscription eCommerce businesses have hit almost $2.6 billion in sales too. Certainly, an incredible news when you have a subscription billing system for your eCommerce business. But how do …
Role of Automated Billing Process in Subscription SaaS Business 16 June 2020
As your subscription-based business grows, the entire cycle of “invoicing-payments-revenue recognition” process turns out to be way more complicated and quite impossible to manually deal with. Not to forget that the manual billing, more at this stage than ever, gets more tedious and time-consuming. And this definitely impacts your revenue and business efficiency. Read …
Creating your Niche: Competing with OTT Biggies 04 November 2019
If you think that competing with OTT giants like Netflix, Amazon or Spotify is impossible, think again. Despite Netflix and Amazon’s dominating presence in the entire streaming scenario, the OTT market still has room for all kinds of niche players that cater to a specific audience. Take the example of CuriosityStream, a niche VoD service …
How to convert your free subscribers to paid streamers? 23 August 2019
If your streaming service offers a freemium subscription to lure new subscribers, you have only one primary goal: convert those free subscribers to paid streamers. Well, getting new subscribers through free-trial is much easier, but retaining & converting them takes a lot of planning and efforts. It’s actually the hardest part. On an average, …
iQIYI hits 100 million paying subscribers 24 June 2019
iQIYI, the Chinese online video platform, reaches a milestone of 100 million paying subscribers, after the streaming company gained enormous popularity in overseas countries like South Korea, North America, Japan, and Singapore. The company mainly produces movies, shows, and original TV programs and distributes its content to overseas audiences through local streaming channels. As the …
OTT Churn Management Strategy: How to maintain a low churn rate like Netflix 18 June 2019
Have you ever wondered why Netflix is still at the top, even after this rigorous competition in the video streaming industry? How does a service like Netflix continues to engage its subscribers, especially when the others are falling apart? Well, every big player in the OTT space is investing in original contents and user-experience, but …
Amazon launches prime video channels for Canadian subscribers 05 June 2019
Amazon announces the launch of prime video channels (a version of online cable package similar to traditional TV bundles) for its Canadian users. The channels will be available via the existing Prime Video app and subscribers can watch them anytime and anywhere on their preferred mobile devices and smart TVs. By paying a monthly subscription …
70% of Hulu users prefer ad-supported subscription plan 31 May 2019
Hulu, the leading American subscription VoD platform, has a majority of subscribers on its $5.99 monthly ad-supported plan. According to survey reports, almost 70% of users prefer watching advertisements on Hulu. Apart from the ad-supported subscription plan, Hulu also offers no-commercial versions at $11.99. Currently, Hulu has some 85,000 TV and movies with bundles of …
