Login to Customer Portal
Contact
SearchThe Future of Manufacturing Subscription Models
According to Gartner, more than 70% of organizations are considering selling service subscriptions. Subscriptions promise higher profit margins than product sales and offer a predictable, recurring revenue stream. Organizations offering subscriptions are less impacted by economic downturns and more likely to recover quickly after taking a hit.
Subscriptions are all around us in our daily lives, and they also caused a shift in manufacturers’ business models. With core technologies such as IoT and big data analytics available and mature, manufacturers can offer tailor-made subscription-based products and services that generate new revenue and build lasting customer relationships.
The shift to subscription business models is a journey. Whether you are selling products with matching services or considering equipment-as-a-service subscriptions, the road ahead is challenging. Learn more about potential roadblocks, opportunities, and examples from leading manufacturers in our eBook, the Future of Manufacturing Subscription Models.
Related content
Top Factors for Sales Transformation: Packaging and Processing Equipment
We asked our team what the challenges and opportunities packaging and processing manufacturers are facing as they attempt to transform their operations and how Configure, Price, Quote (CPQ) can address these challenges.
Business Case Template for CPQ: Make the Case for CPQ with Confidence
To get leadership buy-in for CPQ, you need more than a list of features. You need a strategic, data-backed business case that speaks to company goals, quantifies ROI, and shows how CPQ drives real impact. This CPQ business case template helps you build alignment between the project and business strategy, whether you’re preparing for budget […]
Customer Value Assessment: A results based approach to digital sales transformation
In our latest eBook, “Customer Value Assessment: A results based approach to digital sales transformation”, we discuss discrete examples of potential value that manufacturers can realize with Tacton CPQ!