Author: Paul BurnsAccess: User Access
Access: Free download for all website users!
Introduction: The primary objective for any business organization is to deliver value to its customers at a profit. Yet even when a company has real value to offer, there are a number of hurdles to clear in order to achieve profitability. For example, companies must not only compete to win customers, but do so while containing costs. Unfortunately costs seem to come in a never ending variety. Common categories for spending include rent, equipment, supplies, sales, marketing and many others.
There are also a number of costs that do not show up in company financial statements. Consider time to market, for one. Some companies simply take too long from business formation to first revenue. This typically means more spending and greater risk of running out of funds before reaching profitability. Other companies take too long when introducing new offerings. This leaves a greater window of opportunity for competitors to release similar or alternative offerings. Regardless of how a delay in time to market materializes, there is a high probability of reduced market share, lost revenue, higher costs and less profit.
To achieve profitability, businesses need to both capture revenue and contain costs. This Neovise Vendor Perspective Report discusses how one company, Zuora®, addresses each of these challenges for businesses that have subscription based revenue models.
Free Report: Zuora – Build Your Business, Not Your Billing System.
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