Objective
- Understand what subscription pricing is and the need for a shift from traditional pricing to subscription pricing
- Set subscription prices based on costs, customer value perception, and competitive analysis
- Transition to a subscription pricing model and communicate these changes to stakeholders
- Understand the need to regularly review and adjust subscription pricing based on business needs and client changes
- Manage customer retention and churn in a subscription pricing model
- Develop skills to analyze the financial impact of subscription pricing on a business’s revenue and profitability
Highlights
- The basics of subscription pricing
- Pricing strategies, with an eye toward a modern model for your business
- How to implement subscription pricing
- The need to look back and assess the financial impact of the implementation
- How to manage customer retention
- The optimum subscription pricing for your business
Designed For
All finance and accounting professionals who want to improve billing practices for their businessPrerequisite
NoneAdvanced Preparation
None