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Annual vs Monthly Subscription for SaaS Businesses: Weighing the Pros and Cons

Incredo

History of the subscription pricing model: From newspapers to the rise of SaaS subscription. What is the subscription pricing model? The subscription pricing model is a business model in which a customer pays a recurring fee on a regular basis (weekly, monthly, quarterly or annually) to use a service or product.

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What is the SaaS Magic Number and How Do You Calculate It?

Stax

And because of the digital nature of SaaS businesses and their subscription-based business models, the ability to collect data on how the company is performing is easier and faster than ever. It helps businesses understand the effectiveness of their customer acquisition and retention strategies.

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13 SaaS Renewals Best Practices For Driving Business Growth

User Pilot

TL;DR The SaaS renewal process involves a series of actions on/before the renewal date that lead to a customer’s renewal. A good SaaS renewal strategy helps drive customer retention , increases the customer lifetime value , and improves your monthly recurring revenue. Increase the customer lifetime value.

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Cash Flow Statements: Examples and Solutions for Your SaaS Business

Baremetrics

Calculating cash flow with the direct method 2. Calculating cash flow with the indirect method 3. Benefits of cash flow planning for SaaS businesses SaaS-specific cash flow problems 1. Balancing immediate expenses with payment delays 2. Multiple debtors and late payments 3. Customer churn 4.

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Key Definitions in Subscription Billing: Demystifying the Jargon

Blulogix

Understanding these terms is crucial, as they form the building blocks of any subscription-based business model. Let’s explore the key definitions that every business owner, finance professional, and product manager should know. It’s a dynamic field that encompasses a wide range of terms and concepts.

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Customer Support for SaaS: How To Do It Right

Baremetrics

A common problem customers face when dealing with a SaaS business is credit cards failing during recurring payments. If the support team fails to deal with this issue effectively, the business might end up losing the customer and revenue. The process of recovering failed customer payments is called dunning.

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8 Ways to Attract More Loyal Customers

FastSpring

By giving your customers a subscription option, they can purchase your product over and over without having to think about it. And you won’t have to think about it either; you can increase your customer lifetime value in your sleep by simply offering a subscription option. Personalize Follow-ups. Make It Simple.