Subscription Management
Subscription Management refers to the processes involved in handling customer subscriptions, including sign-ups, renewals, upgrades, downgrades, and cancellations. Effective subscription management is crucial for maintaining accurate billing, enhancing customer experience, and ensuring compliance with contractual terms.
Automated systems are often used to streamline these processes, providing customers with self-service options and real-time updates. This reduces administrative burdens and minimizes errors associated with manual handling.
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Churn Rate
Annual Recurring Revenue (ARR)
Lifetime Value (LTV)
Customer Retention Rate
Freemium Model