Throughout the COVID-19 pandemic, 96 million new subscriptions were created in the US. As people spend more time at home, streaming services and meal kit delivery subscriptions have seen a massive increase.
Learn about scalability, chargebacks and other elements you need to be aware of as your business moves into the subscription space.
Reducing existing subscriber churn is as important as on-boarding new customers. Each new customer comes at a cost, and generally it’s much cheaper to keep existing customers than to onboard new ones.
The Traditional Build vs. Buy Dichotomy Historically, there have been two options for subscription-based businesses when it comes to setting up billing platform – build your own, or procure an off the shelf software solution from a vendor.