A subscription model helps companies build a resilient business with higher customer retention, predictable revenue, and improved profitability. Because of added predictability and consistency, companies can even estimate the customer's lifelong value.
Riding this wave of popularity could be one of the best decisions you make for your bottom line. Not only do subscriptions boost your monthly recurring revenue, but they also foster stronger ongoing relationships with your customers and clients, increasing their loyalty to your brand over time.
Many customers discover too late that the system they chose fails to provide features and functions that are critical to their businesses. Even in subscription management systems that are rated highly by analysts, you will find case after case of customers describing weak and missing features in their reviews of the systems.