It’s common business knowledge that it’s cheaper to retain a current customer than it is to attract a new one. Acquiring new customers costs five to 10 times more than selling to a current customer ...

Recurring revenue models have significantly grown in popularity in recent years. With tech companies like Apple, Adobe and Microsoft adding or switching to subscription-based services, other ...

The subscription business model is a revenue and business model whereby customers pay a recurring price at regular intervals to access a product or service. This model contrasts traditional ...

What Are the Different Types of Business Models? Learn the different frameworks of how companies operate and generate revenue. A business model defines the framework within which a company creates ...

Thomas Ryd is CEO & cofounder of Northern.tech, a device lifecycle management leader with a mission to secure the world's connected devices. The conversation around artificial intelligence (AI) ...

AMITYVILLE, N.Y.—NAPCO Security Technologies Chairman and CEO Richard Soloway highlighted the strength of NAPCO’s recurring revenue model and its resilience amid macroeconomic challenges during its ...

CEO Richard Soloway emphasized "record Q1 revenue" and ongoing momentum, attributing performance to the company's focus on long-term growth and the resiliency of its recurring revenue model. He ...

Service-based businesses often face a common problem of uneven monthly revenue. One month can bring a surge of class and profits, while the next can feel slow and uncertain. This unpredictability ...