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
CPQ Implementation Readiness
The truth about CPQ projects is they can fail. Implementing a CPQ solution means more than just introducing new software. The decision to select a CPQ solution is part of a comprehensive digitization strategy. That’s why a CPQ project is not a pure IT project, but a strategic one that usually goes hand in hand […]
The Ultimate Guide to CAD Automation
Enable anyone to automatically generate CAD drawings of custom, configured products with CPQ and CAD Automation.
Revitalizing Manufacturing Sales: Strategies for Thriving in an Uncertain Economy
Uncertain economic forecasts are searching for ways to develop recession-proof operations, find out how Tacton is helping manufacturers deal with these challenges.