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Tempted to bring in a subscription model to your business but a little hesitant about challenges it might bring in? Here are some of the concerns we’ve heard from decision-makers. Do they sound familiar to you? 📝 Data Management: Handling recurring billing, tracking subscription status, and managing customer data can be complex. 📝 Price Setting: It can be hard to strike the balance between the right price and attracting and retaining customers. 📝 Transitioning Existing Customers: Existing customers used to a one-time purchase model might resist an ongoing relationship. 📝 Increased Customer Service: Subscriptions can require more ongoing customer support. 📝 Revenue Recognition: Complex subscription revenue might require changes to financial processes. We get it – these are real concerns...when you don’t have the right tools. The thing is, when you do have the right tools, a subscription model can be a real game-changer. It’s a strong source of steady, predictable income. That gives you a clear idea of your revenue, making your company’s planning and budgeting a whole lot easier. It also helps you boost your Customer Lifetime Value by building strong relationships with your customers. Because they’ve signed up for an ongoing relationship with you, you get plenty of opportunities to deliver the value they need in your product offering. A subscription model could be a great way to boost your bottom line. Why not check out our guide to subscription management? It’s a 10-minute read that will introduce you to a world that can bring your business a lot of good. ➡️ https://lnkd.in/dUWUq9wf How about you – does the subscription model make businesses hesitant? Is the potential for growth enough to make the change? #bluefort #recurringrevenue #recurringrevenuemanagement #subscriptioneconomy #subscriptions #subscriptionmanagement #growth #SaaS

Most of us can’t resist add-ons and upgrades. Whether we’re in the movie theatre, on an airplane, or looking at our online SaaS subscriptions, things get tempting… …if they’re good value and framed in the right way. So imagine how it would feel to have a system that spotted those add-ons and upselling opportunities for you. We’re talking all these things customized: ☑️ The best add-ons for the customer’s current needs and usage (and future ones!) ☑️ The best pricing ☑️ The best time to offer them ☑️ The best salesperson to make the approach It’s a whole upselling and add-on machine, all automated. It also saves a lot of time and money for your sales team. Imagine them gaining all their time back because they no longer have to chase leads? Curious to see how it works? Check out this 5-minute read, which also provides actionable tips to get you excited about this more reliable revenue stream ➡️ https://lnkd.in/dXqVYqjH What do you think about add-ons and upgrades? Have you heard about sales struggling when they have to do things manually? #bluefort #SubscriptionManagement #RecurringRevenue #RecurringRevenueManagement #SubscriptionEconomy #RecurringServices #SaaS #SaaSgrowth #B2Bgrowth

🚀 Ready to transform your SaaS business? Attention CEOs and CFOs! Unlock the strategies that will elevate your recurring revenue management to new heights. Our comprehensive guide reveals the secrets to optimizing pricing models, reducing churn, and achieving consistent growth. 📈 🔍 Interested in the major challenges of recurring revenue management? Curious about the advantages of an efficient system and eager to learn best practices from industry leaders? Check out our latest article for an in-depth look at SaaS subscription success. 💡 Don't let subscription management be a hassle – let us help you tackle those challenges! Click below to read the full guide and set your business on the path to sustained success. 👉 https://lnkd.in/dUWUq9wf

Are your customer acquisition costs in line with industry standards? Regardless of your specific subscription-based sector or niche, there's one universal truth we can all acknowledge: acquiring new customers is often a challenging and costly endeavor. It can drain resources and sometimes feels like an uphill battle. This is precisely why focusing on your existing customer base is a crucial strategy for sustainable, long-term growth. The best part? You already possess the tools needed to make this investment. Curious about how to leverage your biggest untapped resource? We've compiled a list of 5 innovative ways to enhance your investment in your current customers. Discover how to nurture and grow your existing relationships for improved retention and increased revenue. Ready to unlock the potential of your customer base? Click through to learn more! ➡️ https://lnkd.in/g6Kb_-4T #bluefort #saas #customeracquisition #customerretention #subscriptions #subscriptioneconomy

🔍 Are you a CRO in the IT services industry grappling with the challenges of complex multi-element upfront and arrears billing scenarios? If so, we have just the article for you. It will talk you through the causes, the impacts, and what steps you can take to get rid of this problem forever. 🚀 If you want to plug up your revenue leaks, make your teams happier, and have numbers you can rely on, why not have a read? It's 5 minutes well worth your time. 👉 Read the full article here: https://lnkd.in/dyryzMbE #Bluefort #CRO #ITServices #RevenueRecognition #Automation #GrowthStrategy #SubscriptionManagement

If you’ve got a subscription business in the UK, don’t make yourself vulnerable by not knowing the rules! We love this post by Elle Todd and Ala Lysik on some of the UK regulations that likely impact you. What will always make things even easier is the right software that will keep track of regulations no matter where you do business. Then nothing falls through the cracks. You won’t get nasty surprises, fines, and a damaged reputation.

There is nothing worse than being slammed with work and mundane, repetitive tasks, day-in and day-out. Welcome to the paradox of old-school processes! 🥴 It’s fun, right? (no) We talk to a lot of finance and sales folks. And they juggle everything like pros. But there’s only so much they can do for so long. And when they’re juggling the unnecessary stuff, they don’t have the time to do any of the high-value activities that drive them and the company forward. If your daily routine involves more copy-pasting than actual strategy, it's time for a change. Imagine if you could reclaim your time, letting automation do the work for you? #bluefort #Finance #Sales #Automation #RecurringRevenueManagement #SubscriptionManagement #FinancialManagement

We couldn’t agree more with Gartner for Finance Fear of change is a massive barrier to success of any kind for a business. We speak with a lot of people who are frustrated with stakeholders and decision-makers who are so worried about change and disruption that they allow their brand to fall behind their competitors. They allow their brand to become vulnerable to revenue leakage, non-compliance, and massive churn. Change is never comfortable. But it’s always necessary. Especially for those ready to stay competitive and innovate.

Sales team turnover is one of the most expensive problems that companies can face. Especially in SaaS.     In fact, the average salesperson takes up to 21 months to bring in a profit. (https://lnkd.in/dyEvUEhJ) and according to DePaul University, will cost you around $115k to replace.     No one needs that kind of cost. That’s why sales reps need to feel supported so that they don’t leave.     But there’s one big issue that impacts subscription sales reps, and drives them out.     Can you guess what it is? And how to change it?     ➡️ Why not check out our article here and find out? It’s only a 5-7 minute read.  https://lnkd.in/esAGzwE8    #bluefort #SalesTurnover #SaaSSales #SubscriptionSales #SubscriptionManagement #RecurringRevenue

🚀 Heads of Growth and Chief Revenue Officers! 🚀 Are you frustrated with not being equipped to bring out the potential of your subscription-based business? 📈 You need support! That’s why our latest article (a 5-7 minute read) gives strategies and actionable insights designed to help with this problem, for good. It includes: ✔️ Customer acquisition strategies ✔️ How do use data analytics to make your life a lot easier ✔️ Boosting the onboarding process ✔️ Choosing pricing models and scoring upgrades and add-ons Give yourself a chance to beat the competition and get the growth results you know you can achieve. Read the article here ➡️ https://lnkd.in/d7BSkZMg #bluefort #GrowthHacking #RevenueGrowth #DataAnalytics #CustomerRetention #ChiefRevenueOfficer #HeadOfGrowth