Refresh of commercial model to generate +$1.5m of annual revenue through reduced churn and increased revenue per a client
Challenge:
Service usage was not aligned with client value resulting in money left on the table
The client was utilising a simplistic pricing model which failed to fully capture the willingness to pay of users
Homogeneous service offering used across market niches failing to capitalise and realise on their value proposition
Outcomes:
New model aimed to deliver additional $1.5m annual revenue
More compelling value proposition by tailoring to each market segment
Increased revenue from unbundling high value add-ons
Protect revenues by moving away from a user-based charging model
+$
1.5 m
annual revenue generated by new model
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