Best Subscription Management and Billing Software 2023
The eCommerce market is expanding every day. Also, the competition is getting more fierce with time. According to Statista, the revenue growth of the eCommerce market is projected to grow to $ 4.11 trillion in 2023. Also, there will be an annual growth of 11.5% every year, and by 2027,
As an e-commerce business owner, you know the sweat, blood, and tears that go into acquiring new customers to shop at your online store. The importance of growing customer acquisition as an indicator of business growth is undeniable, but we’re here to talk about a much more frequently neglected strategy
In recent years, the use of SaaS has skyrocketed in response to a rapidly transforming work culture. According to Gartner, the worldwide end-user spending on cloud services is expected to reach $600 billion by 2023. With such rapid growth in this thriving market, it’s essential for businesses to nail their
A company craft a robust marketing and sales strategy. The strategy actually works, and customers start coming on board like crazy. The flow of revenue makes this company earn profit. Till this point, the story sounds good. However, in the subscription business market, there comes a twist in this story—Customer
The key to unlocking scalability for any business is to tap into some kind of recurring revenue stream. When it comes to repeat revenue, two associated terms that are often used interchangeably are recurring vs reoccurring revenue. While both terms, undoubtedly stem from the same root, they have different meanings
When you need to opt for a payment gateway, you always compare one with the other. And of course, you must do market research to invest your money in the right payment gateway that will seamlessly integrate with your tech stack. This blog is based on the Mollie Vs Stripe
Accurately forecasting subscription revenue is essential to fuel growth in your subscription business. It enables proactive financial planning, helps your business navigate periods of increased economic uncertainty, and allows you to secure funding through lucrative B2B partnerships. Unfortunately, effectively forecasting subscription revenue can prove to be a challenging task, particularly
In an increasingly saturated market of payment service providers, it can be challenging to find the best solution for your unique business needs. If you’re on the lookout for an efficient payment processing solution and are considering Stripe vs Square, we’re here to help. Stripe and Square are two market
Searching for the right payment gateway to process online payments? You’ve come to the right place. As the market for payment gateways becomes increasingly saturated it’s important to cross-examine your options. This blog compares and contrasts Adyen vs Checkout, to help you assess which one of the two is the
Successful subscription renewal is critical to the survival and growth of your subscription business, as it is the ultimate indicator of how well you’ve managed the customer journey from discovery to usage, and how efficiently your business’s billing and payment systems are functioning. Undoubtedly, the renewal stage is where the
Checkout abandonment is a common problem faced by e-commerce businesses, that needs to be addressed head-on to prevent leaving potential revenue on the table. Without a doubt, after investing time and resources in directing customers into the sales funnel, it is disheartening to see them abandon their purchase during the
As the SaaS market continues to grow more competitive, customer acquisition can prove challenging and expensive. This is why growth-oriented businesses know the importance of paying attention to customer retention. A study by Bain & Company, reports that a 5% increase in customer retention can increase revenue by 75% which
