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Unlock the potential of every successful subscription payment
Subscription business models are reshaping industries, propelled by shifting consumer preferences and innovative service delivery. Yet, the relentless pursuit of growth is often hindered by overlooked details that could make or break a subscriber's loyalty.
A commissioned study conducted by Forrester Consulting on behalf of Recurly reveals a hard truth: flawed payments are derailing subscription businesses.
100% of surveyed businesses felt the sting of failed payments.
65% find it challenging to swiftly adjust to what subscribers want.
59% lack the tools needed to tackle involuntary churn effectively.
And a concerning 55% have seen subscriber relations and brand image tarnished due to payment issues.
The message is loud and clear—optimizing payments is not just a backend operation; it's a strategic imperative for sustainable growth.
When payments fail, trust evaporates. That's why 61% can't amplify their growth, shackled by inadequate tech. This isn't just loss on a spreadsheet—it indicates eroding customer relationships and lifetime value.
Future-proof your operations with a payment experience steeped in direct-to-consumer expertise, equipped to solidify payment success, and designed for swift scalability. It's not about patching up—it's about leveraging technology that evolves as dynamically as your market does.
Redefine your subscriber payment experience approach. Download the study now.
