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Q3 2023 FastSpring Feature Release: Achieving Subscription Growth, Faster

FastSpring

We are excited to share the release of three new groundbreaking features designed to turbocharge your subscription revenue! They also complement several other subscription focused capabilities we have released over 2023. Check out our announcements for the Proration Preview and Subscription Plan Change History APIs. Interested?

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Renewal Rate vs. Retention Rate: What Are the Differences?

User Pilot

In this guide, we’ll show you the difference between renewal rates and retention rates so you know which product analytics to focus on! TL;DR The renewal rate is the percentage of customers who renew their subscriptions. Meanwhile, the retention rate is the percentage of customers who continue to use a product.

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Understanding Subscription Revenue Management with a New Approach

Subscription Flow

Businesses are shifting from rigid, consumption-based business models to flexible ones that let users pay for the goods and services they use only as much as they use them. Therefore, reengineering the value chain and realigning teams to the new business model are necessary for this major shift.

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Assessing the Benefits and Drawbacks of the Subscription-based Healthcare Model

Subscription Flow

Contemporary healthcare subscriptions are a recent development in the sector. Although most people are familiar with the idea of a subscription model, it could be difficult to comprehend how it applies to the medical industry. They can forecast revenue with the recurring pricing model and adjust their budget accordingly.

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15 Customer Retention Metrics for SaaS [With Formulas & Examples]

User Pilot

To do this, tracking customer retention metrics is essential. These 15 metrics will allow you to keep your finger on the pulse of your business and respond or make changes where needed. TL;DR Customer retention is crucial for SaaS businesses. SaaS companies aim for a retention rate of around 85-90% on average.

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Unique Ways to Use the B2B SaaS Business Model to Leverage Your Business’s Revenue Growth

Subscription Flow

A major issue that arises, especially in the B2B SaaS business model, is how to break into the upmarket market as startups develop into scaleups that are primarily focused on increasing their market capitalization. Unique Ways to Use the B2B SaaS Business Model to Leverage Your Business’s Revenue Growth 1.

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Churn Rate vs Retention Rate: Formulas, Benchmarks and Ways to Improve

User Pilot

Wondering how churn rate vs retention rate are different? Both metrics are important to track if you want to implement a successful product retention strategy. Other important metrics related to churn and retention efforts. Ways to analyze churn and improve retention rates based on the data. Want to reduce customer churn?

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