What are the trends and issues that will impact your ability to get paid by your members and subscribers in 2020? This on-demand briefing will help you understand what you need to learn and plan for so you won’t leave money on the table from involuntary churn. Melanie Stout, Partner at PLC, delivers an information-packed session, outlining important trends and actionable insight for all to learn from.
Learn subscription-specific payment trends that will eat into your profitability in 2019. The team at PLC, leading experts in “card-not-present recurring payments”, will outline the key trends your business will need to stay on top of and the strategies you will need to implement in order to minimize their impact. What you will learn: Subscription payment trend data and impact on your profits from 2018. Understand how those trends translate moving forward in 2019. Tactics and best-practices subscription your business should employ to mitigate the negative impact on your profitability from these trends.
How do you minimize the financial impact of subscriber complaints, refund requests, and chargebacks while keeping your subscribers happy? In this briefing, we will answer that question and also explore: What is Friendly Fraud? How Do Chargebacks Impact Your Subscription Business?What Is Best Practice For Managing? What are the New Rules for Managing?With a recurring revenue business (especially with card-not-present transactions for monthly and annual subscriptions) getting complaints, refund requests, and chargeback is part of what you need to manage.
The options available for handling recurring billing (and your subscriber or membership database) are exploding — regardless whether your business is a start-up or large-scale. From all-in-one platforms, WordPress apps, billing engines and platforms to companies that build their own billing and subscriber management platforms, making the right decision for your company is no easy choice.
Since the AMEX-COSTCO “divorce”, many recurring merchants have been proactive reaching out to customers to mitigate its impact since American Express cards operate separately from the Visa/MasterCard Account Updater network.Melanie Stout, of the Paul Larsen Consulting Group, outlines their latest data on declines and on the “divorce’s” ongoing impact to recurring subscription merchants.
Involuntary churn for subscription- and membership-based companies are rising. Its not just due to EMV (chip cards) either. Now that its been a month since the Costco-American Express divorce, we are seeing an 18% increase in decline rates and expect declines to continue to rise in July and August.
Convert. Retain. Grow.
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