Viewing a response to: @leothreads/leothread-2024-09-24-21-54
🧵 1. The financial landscape is evolving with 'pay for what you use' models. Companies like Lemonade and Spotify are adopting fair, flexible payment structures. #tech
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🧵 4. A blend of subscription and 'pay for what you use' models could offer both consistency and flexibility in the future of payments.
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🧵 Read more at: https://www.forbes.com/sites/sushmadaggubati/2024/09/19/the-rise-of-pay-for-what-you-use-models/
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| created | 2024-09-24 22:34:00 | ||||||
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🧵 2. Unlike flat subscription fees, these models adjust pricing based on actual usage. By using data analytics, companies provide personalized payment solutions.
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| created | 2024-09-24 22:33:39 | ||||||
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🧵 5. Companies that embrace this change must invest in tracking technology to ensure transparent, fair pricing and offer improved value to customers by redefining payment methods.
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| created | 2024-09-24 22:33:57 | ||||||
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🧵 3. Customers are drawn to transparent billing based on usage, rather than lump sum payments for unused services.
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| created | 2024-09-24 22:33:45 | ||||||
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