Upodi News & Blogs

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.

Dunning Process

The elaborate guide 2020 | Dunning as a process for payment of debt 

Historically, the term dunning had a very different context to which it would be in a SaaS context today.

What Did Dunning Previously Mean?

The historical use of dunning relates most typically to the collection of debts.

SaaS Metrics

SaaS Metrics Guide: What Are the Key Ones?

SaaS businesses that have the most significant long-term success, and always seem to innovate and find ways to keep their customers happy, have one massive thing in common.

They obsess over their metrics and take continual action to improve them.

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?

Dynamic Pricing

How to increase sales with dynamic pricing

Dynamic pricing is a strategy most used in the retail industry. However, it may be a strategy that is worth exploring for your SaaS business. Dynamic pricing can be great from a business perspective.

ACV SaaS

How to Increase ACV as a SaaS Business 

There is so much jargon and so many different acronyms thrown about when it comes to SaaS that it’s easy to confuse yourself and your customers, when it comes to talking about various matters. In addition to causing confusion... 

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.

Tiered Pricing

Calculate the Optimum Tiered Pricing Strategy

Deciding on a pricing strategy for your SaaS platform can be tricky. It’s easy to look at other SaaS providers in your niche and simply undercut their pricing or offer a similar model. What works for one SaaS provider in terms of pricing won’t necessarily work for you.

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.

Subscription Business Model

Subscription Business Model: How to Use it [2020]

Using a subscription model is a fantastic way to help you compound the value of your customer relationships. Rather than working hard to get customers multiple times if you want them to make repeat purchases, a subscription model allows you to acquire the customer once. 

Customer Acquisition Cost

Guide | The what, how and why of customer acquisition cost 

Thanks to continuing improvements in customer behaviour tracking, it has never been easier for businesses to measure their customer acquisition cost (CAC).

The ability to measure CAC has had a substantial influence on businesses, especially in the SaaS space. 

Competitive Pricing

Succeed with Competitive Pricing Strategies [Guide]

Pricing your products and services is something you must get right.

Doing so isn’t always easy, particularly in the SaaS space where you need customers to become long-term subscribers or buy a license for use to succeed.

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.

Customer Lifetime Value

Customer Lifetime Value (CLTV) Guide + Formula

Customer lifetime Value, or CLTV, can be used either for real time analysis or as a prediction model for your business.By using CLTV, you can calculate what customers are worth to your business, both individually and collectively.