Upodi News & Blogs

How Fender added subscription on top of their transactional business

“I want my ….. “🎸

“I want my MTV….”

One-night stands or relationships?

📣 📣 📣

Hey Jakob?

❓ Why should you consider a subscription business instead of a traditional transaction business ❓

[WEBINAR] Build a subscription business in less than an hour!

WEBINAR 12/5 with Tobias Binau and Jakob Soderberg

Customer case: Keatech

Do as Keatech and add a big spoonful of Upodi to your subscription business.

Imagine that you where dealing with this dilemma:

How to avoid the curse of the “Zombie Shopping Cart”

YOU ARE SLOWLY COMING to your senses: “What’s going on?”  

Your head is buzzing… and you struggle to see things clearly.   

Gradually your surroundings emerge before you: 

Do you have your introductory offers under control?

A story from real life – that ended in revenue loss…

Once there were (and still is) a Danish company – more specifically a chain of gyms. Our chain of gyms, let’s call them Fitness X. They were successful.

Get going with our brilliant idea

❓ Do you know this?

💡 You have a brilliant idea. [your brilliant idea] on subscription!

You just need a website, a payment solution and a subscription engine, and you're ready to:

Avoid abandoned cart on new markets

There was once an entrepreneur who was successful in his home market. Each month, a box of inspirational products was sent out to his subscribers and they got value, inspiration and motivation to try new things.

What is the difference between Upodi and a PSP?

[PSP = Payment service Provider red.]

A question I often receive is if Upodi is a PSP (Payment Service Provider).

The short answer is: no it is not.

Coding your own subscription engine? Wait!

At first glance, the subscription business seems simple. Customer chooses a plan, gives you their payment details and you charge them once a month. But how would this work under the hood?

Taxation

A story from real life.

We have success – we internationalize!

But can we do that?

Manual invoicing based on number of users and clicks

… That sounds boring.  

Nevertheless, this is the reality in many companies - it takes an incredibly long time, it is manual (read: high risk of error) AND lack of proration means that you potentially lose revenue (read more about proration here).

Technical Churn Prevention

Wouldn’t it be nice if you could have a glimpse into the future?

For example, wouldn’t it be nice if you could foresee missing payments before they were missing?

Are you in control of your company or are your company in control?

When we talk subscribers, many people think of mobile and the internet - and maybe Netflix, Spotify and fitness?

Classic subscription schemes where we pay and fast bend once a month, and then a form for goods or services is delivered.

Proration

Proration, is the term that covers: When someone signs up for your service, up-/downgrades on a “crooked” day of the cycle.

Imagine the following:

You have a good subscription business. Everyone is happy.

Recurring Revenue Models

5 Types of Recurring Revenue Models.

Adopting a recurring revenue model for any business is a great way to grow revenue. For a business offering a SaaS solution, adopting a recurring revenue, or subscription based, model, can have many benefits both for themselves as well as for them customers. 

Subscription Platform

6 Tips for Choosing a Subscription Billing Platform

Is your business considering signing up to a subscription billing platform for the first time, or considering changing how you manage your subscriptions? 

Can your customers press hold on their subscriptions?

How easy is it for your customers to press hold on their subscription?

Recently, Tien Tzou whi is CEO and founder of American/Chinese Zuora has an exciting update.

Dunning

One of the key elements of a healthy subscription business is (not surprisingly) paying customers.

No matter how good a service you provide - whether it is SaaS, physical goods, access to a membership club or something fourth – it happens that payments fail. What do you do?

SaaS Accounting

SaaS Accounting & Revenue Recognition [Guide]. 

While SaaS plays as increasingly prominent role in the lives of many, it is still a relatively new means of providing or using a service as a standalone niche.