Implement Hybrid Billing Model With SubscriptionFlow
SubscriptionFlow is a platform that enables you to opt for a mix of billing models to fulfil your business needs because we understand that one-size-fits-all does not work for subscription businesses
Bill Your Customers with the Right Billing Model
Hybrid billing is to combine flat-fee with usage-based pricing or other billing models. With the SubscriptionFlow hybrid billing model, offer your customers multiple pricing options. Other than that, it will also strengthen your relationship with your customers. Â
If you are wondering how to experiment with different pricing models to come up with the best one for your subscription business, then here we are to help you out.
- Combine recurrent charges with one-time charges or flat fee
- Combine recurring charges with the charges for additional use of the product (usage-based billing)
- Combine subscription charges with the charges for the overuse
- Combine subscription charges with the charges for the package of other services
- Combine a one-time fee with the charges for trying some new services
Is Hybrid Billing Model for Your SaaS Business
When subscription businesses opt for SubscriptionFlow hybrid billing, they can offer multiple pricing options to the customers. As a result, customers are more satisfied with this billing model. So, it is the best billing model for businesses that need maximum customer satisfaction. SubscriptionFlow is the subscription management software that can help retailers implement a combination of different billing models to uncomplicate billing management.
Customer Satisfaction
Customer satisfaction guarantees the success of the subscription business, and a hybrid model ensures that you satisfy customers to the maximum because you charge, bill, and get payments as per the customer’s choice.
Launch of New Products
When the hybrid billing model is implemented, you do not need to wait to launch the advanced versions of your SaaS product, add-ons, new features etc. It makes it easy for you to price new products and launch them.
Price Improvisation
In the SaaS business market, you need to change pricing depending on the competition, product maturity, and product value for the customer. With a hybrid billing model, you have the liberty to improvise pricing with time.
Control over the Customer Experience
With a hybrid billing model, you have better control over the customer experience. Billing and payments are also points of customer experience with you, and when hybrid billing is implemented, you are in the position to maximize the customer experience.
Hybrid Billing—to Maximize Your Revenue at SubscriptionFlow
The major reason to opt for hybrid billing rather than any other billing model is to maximize customers so that more revenue can be earned.
Satisfied Customer Segments
Customers are segmented to offer better services. And a hybrid billing model is the one that will equally satisfy new customers, existing customers, service-sensitive, and product-sensitive customers.
Upsell & Cross-Sell Better
The hybrid billing model gives you a better chance of upselling and cross-selling. You can launch and monitor the sales of the newly designed and developed SaaS products while having hybrid billing through SubscriptionFlow.
Maximum Revenue
Hybrid billing is the model that can help you maximize revenue. With this billing model, you can cater to new customers, old ones, and even those who want to make a one-time purchase.
Billing Model Flexibility
Hybrid billing is one of the most flexible billing models. If you want to test and try any changes in the billing model, then you can do it now and right now rather than waiting for anything.
So, come to SubscriptionFlow which offers you the platform to effectively use this billing model and earn profits.
Scale and Grow with SubscriptionFlow
Reimagine the innovative & all-in-one subscription management system to achieve recurring revenue goals.
SubscriptionFlow has saved us time and money. SubscriptionFlow has solved all of our billing and invoicing woes. With its extensive CRM tools and centralized system for unifying customer information, it…
Jim M
Great solution for managing our Business, I took advantage of the Free Trial to really test whether this solution would help our somewhat complex business model, and the flexibility and…
Kenzie M
SubscriptionFlow is a huge improvement over our previous program. Prior to using SubscriptionFlow, our accounting processes lacked efficiency and we struggled to keep up with our customers’ invoice and somehow…
Sheila M
Amazing service!!! Above and beyond service! Best Provider ever!!!! SubscriptionFlow has combined automation and flexibility in one place for us. We were able to test with different pricing plans, and…
Verified Reviewer
Great Product! The team has given us the demo and show us all the important features that you might require for managing subscriptions. I really like the automated billing workflow…
Eileen S
Overall, I would strongly recommend ANY subscription based business to try it out. We started off with a one user and then gradually added more users and it was a…
Katie K
Great solution for managing our Business,I took advantage of the Free Trial to really test whether this solution would help our somewhat complex business model, and the flexibility and ease…