July 17, 2012 | Authored by: Vindicia Team Blogs
Capturing the ‘Last Mile’ of Your Revenue Stream
The most efficient digital businesses still lose 5-10% of their online revenue from churn for reasons that are beyond their control. Why?
Every digital business is constantly looking for ways to increase revenue, improve customer retention, and extend customer lifetimes. Even with that focus, the most efficient digital businesses still lose 5-10% of their online revenue from churn for reasons that are beyond their control. Why?
The short answer: payment failures and the inability for digital businesses to capture recurring revenue from customers who want to pay for the given service.
Digital businesses can now capture these previously challenging transactions while still using their current billing system. This new SaaS solution allows digital businesses to retain an existing subscription or recurring billing platform, while taking advantage of Vindicia’s unique acquisition and retention technologies including the patent-pending ART™ technology built into the Vindicia product suite.
Vindicia Select, launched today, enables digital businesses to capture 30-40% of those failed transactions, leading to a 3-5% annual revenue uplift. That is correct, 3-5% annual revenue uplift. Build. online, revenue.
The Vindicia Trial is available to qualified companies. We will process up to three days of recently declined transactions and deposit the rescued revenues into your account automatically. The last time we ran this trial, we recovered $50,000 on behalf of a client in a single day.
We continue to introduce new products and product enhancements to the Vindicia product line around the twin themes of customer acquisition and retention. To learn more please contact us.
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