We’ve all heard about Digital Transformation, but how are companies actually monetizing it in their industries? Subscription businesses are nothing new in the consumer industries, however these days are back . Discover how this can successfully enhance your business model transformation while at the same time expanding your online business into new geographies, and learn how to:
· Increase your customer retention and lifetime value through subscriptions and usage-based models
· Find new revenue streams by monetizing collected data from connected products
· Increase customer satisfaction while introducing partner value-add services to tailor the offer
· Being able to cope with the massive volume of transactions, which require better automation of revenue collection processes while continuously enhancing customer experience, supporting flexible credit terms, local payment preferences and taxes, and follow regulations.