A subscription is an important conversion from leads into loyal, recurring customers. For many, subscriptions are an investment in the value of the software. Paying for a subscription level, even a small personal subscription, is a decision point that requires motivation, push, and a smooth transition for leads who become…
Subscription levels provide a scaling option for both clients and businesses when it comes to providing ongoing services. On the low-end, subscriptions keep basic services and tools available for solo professionals and startup businesses. On the upper-end, large subscriptions make it possible for teams with hundreds to thousands of employees…
When is the right time to offer a free trial? Many software services today offer access to their tools and support through subscription accounts. Clients pay for the time they need the tools and support, often with stacking discounts for larger teams and more complete services. However, that first conversion…
Wherever the subscription-based pricing model takes hold, industry-wide change follows closely behind. The advent of brands like Netflix and Hulu irrevocably changed TV. Hellofresh introduced people worldwide to healthy, home-delivered artisanal meals, and in the process, it changed our shared perception of the grocery store. The subscription-based pricing model brings disruption…
What is the simplest way to measure your subscription model's growth and overall trajectory? By comparing the number of newly added accounts to the amount of customer churn you experience. And while 2020, a year fraught with strange and extenuating circumstances, brought a pronounced revenue spike to companies offering subscription-based…
Advocates for the multi-state legalization of cannabis view the budding trend as the dawn of a new Age of Enlightenment. Changing public attitudes to legally available marijuana has ushered in an era of tolerance for those who choose to imbibe in the herb without fear of government repercussions. That's why…
While many people think of the cannabis industry as a new and emerging industry, its rapid growth is pushing the industry towards maturation. As new competitors emerge, cannabis executives face a tremendous amount of pressure to find ways to innovate and compete. Strict government regulations pose additional challenges as executives try to…
Subscription services are one of the most powerful tools for generating sales, and not just because they're trendy. Monthly payments typically allow customers to enter your sales funnel at a smaller price point without devaluing your current line of products and services. Even if you don't think your current business…
While the cannabis and marijuana marketplaces are continuing to explode exponentially, some investors and business partners are overlooking the tremendous growth and opportunities found in the hemp industry. According to experts, while cannabis itself, marijuana, and hemp plants all belong to the same species, they're different when it comes to…
The modern-day cannabis industry is marked by a progressive mindset. From the progressive politics that have made legalization a reality across many states, to the intrepid financial institutions that invested in the market well ahead of the curve, the cannabis industry thrives on progress. Now, forward-thinking outfits can add AI, machine…
100 Reserve Road
Suite CC250
Danbury, CT 06810
Phone: 203-748-0481
Fax: 203-748-0508
sales@maxqtech.com
© Copyright 2022 MaxQ Technologies – All rights reserved
