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
The Ultimate Guide to Visual Configuration
Find out how creating a unique eCommerce journey starts with appealing product visualizations in our latest eBook!
The State of Digital Manufacturing 2023 Survey
Download the full eBook to better understand the current trends across the manufacturing industry.
Go Beyond Guided Selling with Needs-Based Configuration
Needs-based configuration allows your customers to get the best possible solution to their requirements – not just the best of what you hoped they needed. Find out more how Tacton CPQ software for manufacturers can help you sell your product with speed and accuracy.