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How to Choose the Best Billing Software for Your Business

Subscription Flow

Use the following criteria as a checklist, and match your business’s requirements with it to find the fittest billing solution for you. Does the billing software align with your business model? These can be the customer churn rate, retention rate and LTV (customer lifetime value), to name a few.

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Customer Churn 101: How to Identify and Address It

User Pilot

Many product teams focus on new customer acquisition but ignore the cost of losing customers they’ve already paid to acquire. With customer acquisition costs rising and retention driving most of your customer lifetime value, ignoring churn is a fast track to stalled growth.

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What is a Payment Processing System and How Does It Work?

Stax

The ideal pricing structure for your business depends on various factors, such as your business model, your customers preferred payment methods, and monthly/annual transaction volumes. It helps your customers make payments anytime, anywhere, from any device, and via their most preferred payment method.

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Product Stickiness: How to Measure and Interpret It

User Pilot

While its a key metric for some businesses, for others, it might not be relevant at all. However, if your product depends on repeat engagement to drive customer lifetime value and loyalty , measuring user stickiness is important. Freemium models rely on sticky behavior for free-to-paid conversions.

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14 Important Mobile App Metrics to Track (+ Benchmarks)

User Pilot

Why it matters: A sustainable business model requires a CAC that’s lower than the customer lifetime value. You’ll need to pair these with mobile app metrics like ARPU, conversion rates , and customer lifetime value to understand how profitable you are.

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Are You Tracking the Right Mobile App Performance Metrics to Decode User Behavior?

User Pilot

Instead, choose actionable metrics that reflect your apps unique value, user behaviours , and business model. It could be very basic at first if a customer has never used a mobile growth platform before, maybe you want to validate your hypothesis on what your most popular feature is. Customer acquisition cost formula.

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Mobile App Analytics Best Practices: What Top Apps Are Doing Differently

User Pilot

For example, a customer acquisition cost (CAC) of $12 per install may seem impressive at a glance. Put user acquisition costs together with customer lifetime value ($8) and 30-day retention (22%), and itd suddenly be clear that youre bleeding money on users who vanish before covering acquisition costs.