How To Get More Out Of Your Subscription Billing Software: An SME Perspective
Subscription billing software can offer value based solutions to the SME sector. Subscription billing, when executed with efficiency can be a source of competitive advantage. Small businesses find it particularly difficult to handle receivables management. Sustaining in cut throat competition requires a business model that shall generate recurring revenue. Moreover, there is also a constant threat of revenue churn. Revenue churn may occur due to many reasons. Customer loyalty, customer interface and complexity in billing are some of the foremost reasons behind revenue churn. Recurring revenue in the hindsight means recurring billing. The objective then is to have a solution for subscription plan management. Effective subscription plan management kills many birds with one stone
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Build traffic with trial pricing and coupons
As new kids on the block, the first hurdle that small businesses have to cross is traffic building. Beyond doubt, a competitive price […]