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In manufacturing, a substantial portion of revenue and profit comes from one-time transactions of highly customizable products. This means companies are often missing add-ons, replacement parts, and repairs, opening them up to lose re-orders.
With a subscription model, manufacturers can secure predictable revenue, increase opportunities to upsell and cross sell, and develop long-standing relationships that lead to better feedback. Meanwhile, customers gain flexibility and avoid unexpected expenses.
- Vendor:
- Tacton
- Posted:
- Apr 29, 2022
- Published:
- Apr 29, 2022
- Format:
- HTML
- Type:
- White Paper