Chargebee for AWS: The Complete RevOps Tool-Kit for Subscription Business.
Chargebee partners with Amazon Web Services to provide an industry-leading SaaS platform for Subscription and Billing Management.
Integrated with multiple AWS region data centers and diverse out-of-the-box recurring billing scenarios readily available, Chargebee on AWS enables businesses of any size to launch and scale-out complex recurring billing and subscription pricing models. At the moment, over 6500 customers use Chargebee to handle transactions in 100+ currencies.
Powered by AWS' virtually limitless compute resources, Chargebee empowers you and your team to introduce new, flexible subscription pricing models to the market while always having the option to scale as fast as you want and in the most secure way.
Compliments your existing tech stack:
Complete suite of integrations with 3rd-party software vendors, which plays a pivotal role across the RevOps cycle.
Choose from 30+ payment gateways right out of the box
Recognize revenue in accordance with global standards like ASC-606 and IFRS-15 and improve revenue predictability and converge on your accurate valuation.
Manage the quote-to-cash cycle from your CRM.
Automagically apply sales tax, GST, EU-VAT to your invoices.
Maximize Revenue Recovery
With Chargebee, you can capitalize on every revenue opportunity and recoup revenue loss
Use as many as 12 automated dunning attempts to recover upto 80% accelerated revenue over investing in a manual process
Minimalise cart abandonment rates by tracking visitors from Chargebee's intelligent cart abandonment reports and then employ a retargeting mechanism to convert them into paying customers.
Use Chargebee's intelligent payment entries to augment recovery success rate with a sequence of perfectly timed payment retries. Avoid gateway penalties with selective retries that minimise failed attempts.
Smarter Subscription Management
With Chargebee, you can experiment with pricing structures, product catalogues, and subscription lifecycles with a business-user-first experience. Chargebee also empowers businesses to reduce billing-related support load with intuitive customer portals and retrench churn through Smart Dunning logic.
Challenges:
High Customer Churn: Superfoods' active subscribers on a recurring monthly subscription plan were churning at an alarmingly high rate.
Manual Payment Reminders: Retention was incessantly hard since Superfood had to send manual payment reminders, resulting in missed payment deadlines.
Larger Goals: Superfood wanted to pivot to a predominantly subscriptions-led business model over one-off purchases. They aimed to increase the LTV of each customer and hike up the average order value ( AOV ) from each customer.
Solution:
Chargebee's flexible product catalogue enabled Superfood to roll out new plans and promotions quickly. They had an option to A/B Test multiple price-point variants to accelerate subscription sales. The Superfoods team utilised Chargebee's add-ons mechanism to combine multiple products creatively. The Superfoods team can now sell bundles rather than standalone products, which resulted in a higher average order value ( AOV )
With Chargebee, the Superfood team monitored all cancellation trends and launched customised discounts and product bundles, basis these trends. The improved price & product fit helped retain customers who were on the verge of cancelling.
Payoff:
After adopting Chargebee, as their billing & subscription management system, Superfoods grew their recurring revenue by 10x within one year. Simultaneously, Superfood, with Chargebee's help, incrementally increased its customer base to over 200,000 subscribers.
