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The online entertainment industry has seen tremendous growth in users and recurring revenue over the past few years, particularly in the over-the-top (OTT) video segment. The remarkable success of online video subscription services such as Netflix, Hulu Plus and Amazon Prime have helped push the worldwide entertainment/OTT market to new heights. As a result, businesses are increasingly positioning themselves to capitalize on the growing population of “cord cutters” and “cord nevers” who want their favorite movies, videos and TV shows anywhere, anytime, and on any device.
As the online entertainment and OTT industry continues to evolve and mature, sound subscription monetization strategies are a key factor in determining which companies are successful and which ones fail. To become a successful player, your company will need to monetize your digital assets by implementing flexible billing solutions and best practices that make it easy to:
Vindicia® SaaS-based monetization solutions for OTT and entertainment will improve your customers’ experience while maximizing your recurring revenue streams. Our proven recurring revenue solutions will help you entice customers to join, renew and upgrade their entertainment services. You’ll be able to rapidly test and analyze the effectiveness of various marketing campaigns until you find just the right price points and the right customer mix to maximize margins and profits.
Whether your company needs a complete subscription billing and recurring payment solution or simply want to increase the effectiveness of your existing billing system by improving customer retention and reducing subscriber churn, we’ll make it easy and frictionless for your customers to pay for your subscription services. From initial acquisition to each recurring billing cycle, Vindicia solutions reduce churn by making payment transactions easier and more automatic than ever.