Each year, the end of November marks the beginning of a slew of deals as consumers gear up to shop for the holiday season. Cyber Monday is particularly notable and has become the dominant day for eCommerce purchases and activity. According to Adobe, shoppers spent $10.8 billion online on...
Most recurring revenue companies—well, most companies in general—scale their businesses by acquiring new customers directly. After all, selling directly to the businesses and customers that use your products or services seems like a natural and obvious choice. This strategy comes with some major downsides, though: high customer acquisition costs and...
Recurly sees no end in sight for pay-as-you-go subscription models. See our press release below. Recurly to Exceed $10 Billion in Transaction Payment Volume as Pay-As-You-Go Subscription Models Accelerate Consumer and Business Behavioral Shifts Unlock New Revenue Streams for Subscription Companies; Recurly Now Cash-Flow Positive SAN FRANCISCO, Nov. 17, 2021 --
A slew of recent verdicts and agreements in South Korea, the US, and Japan have challenged Apple and Google’s control over their platforms’ app marketplaces. Apple must now allow developers to link out to their own payment pages on iOS, and Google—whose Android operating system is installed on most smartphones...
Sometimes, to improve on a process or make a situation better, you need to look at it from a different lens. Take the recent invention of computational photography as an example. For over a hundred years, the quality of a photograph was primarily determined by faster shutters, more advanced lenses,...
A slew of recent verdicts and agreements in South Korea, the US, and Japan have challenged Apple and Google’s control over their platforms’ app marketplaces. Apple must now allow developers to link out to their own payment pages on iOS, and Google—whose Android operating system is installed on most smartphones...
In 2004, Netflix was sued by its shareholders over its reported churn rates. The shareholders argued that Netflix “[used] an improper calculation of the rate that produced an artificially low churn rate.” A judge threw out the case, ruling that there is no single industry-wide definition of churn rate. Clearly, churn...
This blog post was originally published on the Leapfin blog. We’ve made some slight tweaks to the content. Despite the proliferation of the subscription business model, most ERP and CRM systems aren’t built to handle the unique complexities associated with recurring revenue, from constantly evolving plans, changing billing modes,...
Some things just go perfectly together: peanut butter + jelly, movies + popcorn, and businesses + payment gateways. OK, payment gateways aren’t quite as exciting as great food and entertainment. But if you care about taking payments the right way, implementing the right payment strategy can make a meaningful difference...
It’s no secret that the SaaS recurring revenue model has soared in popularity among tech companies—according to research by Ernst & Young, 90% of technology organizations are planning or are in the process of shifting to a subscription-based model. Unfortunately, only 55% consider themselves ready for this shift. ...
