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If you’re in the Subscription Economy, the most dramatic effects of trends like cloud computing and mobile won’t be felt in your company’s product line. The real disruption will be to your revenue model. In the Subscription Economy, customers will not pay to own your products. Instead, they expect to pay for the value they receive by using your products. Revenue management is the common approach to solving that challenge of optimizing the revenue model. Unfortunately, the rules of the Subscription Economy render traditional revenue management ineffective. To manage revenue and profits in the Subscription Economy, companies need a new recurring revenue management process to optimize the revenue model. What is revenue management? Revenue management is common practice in the […]