In the shift from “ownership” to “access”, subscriptions are just the beginning of the journey. Customers also want the option to pay for only what they use.
In response to this demand, enterprises across all industries seek to grow revenue and increase customer satisfaction by adding usage & consumption-based business models. This requires a digital transformation of their technology stacks to modernize billing and monetization; from loading, billing, & monitoring, to orchestrating with systems and communicating with customers.
In this webinar, you will learn how to:
- Grow your total addressable market by offering usage-based products
- Offer a variety of models like pay-as-you-go, allowance-plus-overage, tiered, volume discount, high-water-mark, shared pool, and more
- Embrace systems without artificial limits on usage loading and rating
- Leverage non-billable usage data to reduce churn
- Monitor usage data to improve customer care