Up and Running

DECEMBER 24, 2020

Gartner predicted that “By 2020, all new entrants and 80% of historical vendors will offer subscription-based business models.” For the information and technology industry, subscription models are now a core business model. Why implement a subscription service? Conduct market research.

Business Model 93

Business Model Churn Rate eCommerce Software 93

Up and Running

JUNE 19, 2014

It’s no wonder that customers are flocking to subscription services to replace things that they once bought and owned outright. And, it’s no wonder that businesses are trying to come up with new and innovative subscription business models that they can offer to their customers.

Forecast 92

Forecast Sales Churn Rate Revenue 92

Up and Running

MAY 1, 2014

Your business plan isn’t complete without a financial forecast. Every business is solving a problem for its customers and filling a need in the market. Who is your ideal customer? If your business model (i.e., “how Start this chapter by describing the problem that you are solving for your customers.

Business Plan 163

Business Plan Forecast Balance Sheet Distribution 163

Up and Running

NOVEMBER 12, 2018

But with so many people trying to get their share of the growth, many subscription box businesses fold within a year or two. Lots of new box companies have trouble ironing out the kinks in their process: their customer can’t easily unsubscribe, their boxes just aren’t exciting or well-curated, and more. Your problem and solution.

Business Plan 63

Business Plan Curation Balance Sheet Intellectual Property 63

Up and Running

FEBRUARY 12, 2019

Tell a real customer story. When possible, open your pitch by telling a real customer story that addresses the problem your product or service solves in the marketplace. Instead, use real names and real customer challenges. Outline your business model. Customers pay by the hour or by the day. Serves U.S.,

Sweat Equity 122

Sweat Equity Churn Rate Elevator Pitch Forecast 122

Up and Running

JANUARY 24, 2014

Tell a real customer story. When possible, open your pitch by telling a real customer story that addresses the problem your product or service solves in the marketplace. Instead, use real names and real customer challenges. Outline your business model. Customers pay by the hour or by the day.

Sweat Equity 138

Sweat Equity Churn Rate Forecast Business Model 138

ConversionXL

OCTOBER 30, 2019

Exhibit B: This is the best-selling course in the “Conversion Rate Optimization” category on Udemy. Now, the exact terms are a little different at every company, but the SaaS customer lifecycle generally looks something like this: Awareness. The Pareto Principle states that you get 80% of your revenue from 20% of your customers.

Retention 101

Retention Metrics Churn Rate Acquisition 101