Subscription marketing refocuses the consumer’s mind from solving their problems to having them taken care of forever. Learn how to promote your subscription product.
The subscription market is reaching saturation point in the West. Meanwhile, it's in its infancy in Kenya and the rest of the developing world.
While this …
Cash flow is the movement of money in and out of a business. It measures …
A complex, inefficient billing process will sink your business no matter how good your product is. Learn the 9 essential elements of a good billing system, and why it’s crucial to your business’s success.
Even though it’s the part where you get paid, you didn’t start your business excited at …
Something we don’t sign up for when we start a business but is a reality of running a business is that some customers will not pay …
The struggles of many small to mid-sized businesses are directly tied to the billing process. In short, they cannot get their customers to …
The number 1 reason small businesses fail is cash flow problems. Cash flow is measured in the ability to pay your bills. But before you pay …
As many business owners will testify, doing the work - providing the service or supplying the ordered goods - is the easy part. Getting paid? Not …
Every business experiences periods of market turbulence where sales may slow down. Recurring payments can cure this by their ability to generate predictable revenue.
You can say …
Billing is an essential task that every business must tackle accurately to ensure profitability and long-term success. But as critical as it is to revenue collection, it …
Adding subscription options to your Shopify store helps to shore up flatlining sales, build a loyal customer base, and establish a predictable …
This is well and truly the age of subscriptions. Every other business and industry is shifting away from one-time purchases, drawn by the many compelling benefits of …
The subscription business model has become a popular way to quickly deliver products and services your …
The subscription business model has proven to be effective at driving revenue. It enables automatic billing, ensures a steady stream of predictable revenue, and offers …
There used to be only one way of selling software. That is through a perpetual licence where customers make a large …
The subscription e-commerce market is expected to grow to $196.35 billion in 2023. This boom is attracting entrants from all manner of industries.
Following the subscription business model, whether it …
There’s growing appeal for starting a subscription business or offering subscription options in your business. Among these are automated billing and recurring revenue, which improves business efficiency …
Part of the allure of the subscription business model is how it can automate billing, which reduces labour costs, improves billing accuracy, enhances payment security, improves sales …
The subscription business model, or subscription billing in short, is no longer the domain of SaaS companies. Companies in other industries are realising the profound benefits of automating billing and collecting …
There is a subscription box for nearly everything these days. You can find subscription boxes for:
According to a Havard Business School article, there are well over 2,000 subscription businesses in the …
Research has shown that you can convert every third customer of your e-commerce business into a subscriber. Or you can set up as a subscription business from the get-go.
With a subscription business model, your customers sign up to receive a supply of a service or products at a set …
Kenya has become a global hub for Fintech innovation. The fintech market in the country is worth an estimated $4.9 billion, but …
Businesses sell their products and services in one of two ways. Those that trade the old-school, linear way have sales reps …
Mobile wallets are a safe, secure, and convenient way to send money and pay for goods and …
Debit card fraud is when someone uses your debit card without your permission to make purchases or withdraw money from your account.
A fraudster …
A payment gateway is your online business’s virtual Point Of Sale terminal, whose efficiency, cost, and security are crucial for your business’s success.
A good …
Smartphones, increased internet connectivity, and the emergence of digital payment technologies have made online payments safer, faster, and more convenient than in-person …
In today's interconnected world, the ability to receive money from abroad has become essential for many Kenyans, especially those with family or friends living in the USA.
Imagine the relief of knowing that your loved ones can send you funds quickly and securely, no matter the distance. M-Pesa, Kenya's leading …
Cash may still be the most dominant payment method in most of the world, but things are changing fast. Other forms of payment have emerged, mainly out …
Every other day a budding entrepreneur somewhere in Kenya considers starting an online business. A big part of their homework is figuring out how they …
Jimmy Donaldson, known as MrBeast to his YouTube fans, earned $54 million from the video-sharing platform in 2021, which made him its highest-paid creator.
In 2022, it …
In the digital age, where mobile money has become a cornerstone of financial transactions, ensuring the security of these platforms is paramount. With over 60 million Kenyans …
Struggling to pay your Dstv or Netflix subscriptions or to shop international merchant sites because you don’t have an accepted payment …
Did you know GDPR has an extraterritorial effect? The European data protection law requires that every e-commerce merchant selling its products in …
When you decide to start an online business, it’s worth taking a moment to consider how you will accept …
The total transaction value of the digital payments market will reach US$9.46 trillion by the end of 2023. This growth would …
Not long ago, it was unimaginable that there would be any other wallet than the leather variety with a slot for bank notes …
Every online merchant knows their choice of payment gateway can make or break their business. Keen to give their businesses the best chance for success, …
Do you worry about your Visa card falling into the wrong hands? For example, a thief or someone in your household can …
At least half of the people using the M-Pesa mobile money service in Kenya have lost money to fraudsters. That translates to …
According to the CBK, the value of mobile money transactions in Kenya has surpassed 56 percent …
In e-commerce, we like to ask customers on our checkout pages, 'How would you like to pay?' That's …
Have you ever wondered how easy it is to access a world of entertainment, education, and lifestyle options with just a few clicks? In today’s digital age, subscription-based services have become a staple for many, providing instant access to everything from streaming platforms to online courses and digital publications. …
The kids in my household stage a mini riot when the Dstv subscription is not renewed on …
According to Statistica, total e-commerce revenue in Kenya will cross US$3,238.00m in 2023, an increase of 8.4%. Growing internet connectivity and …
There is some confusion about what sets WordPress and Shopify apart. While both are content management systems for …
Aspiring entrepreneurs looking to establish a business in Kenya, one of the fastest-growing economies in East Africa, face a daunting challenge: navigating the complex process of registering a business. This process can be intimidating, even for seasoned business owners, as it involves various legal, financial, and administrative tasks that must …
In today's ever-evolving digital landscape, Kenyan online business owners and entrepreneurs face a crucial decision: selecting the best online payment service that not only meets customer needs but drives success for their ventures. This comprehensive guide is specifically tailored for you, savvy Kenyan entrepreneurs, as we dive into the world …
If you’re in the online business industry, you should know by now that user experience and customer satisfaction are a big part of any business; after all, they’re the ones you’re offering your products and services. At the core of every successful business is a happy and satisfied customer. Improving …
In the era of digital commerce, payment security has become more critical than ever before. As more consumers flock to online stores, businesses need to ensure their payment systems are secure to protect sensitive information from theft and fraud.
Cyber threats can take many forms, from phishing scams to data …