The recent continued changes is the consumer buying and spending habits have forced businesses to change their revenue models to accommodate the new trends in the market. The customers are demanding for simple, hassle-free and manageable shopping experiences. Companies are turning into the subscription and the pay as you go revenue models to cater for this need.
The Subscription Revenue Model VS Pay As You Go
In the subscription revenue model, a customer pays a subscription fee mainly on monthly basis, to have continued access to a product or service. On the other hand, the pay as you go revenue model involves metered use of a product where the customer is charged for what he/she uses on a transaction basis or when he/she uses the service. Examples include “Pay-per-view TV,” custom research firms, online journal publications among others.
The subscription revenue model
The subscription model owes its immense success to the value it provides to both the customer and the business owner. The most value for the customer comes from convenience; first, with the simplicity of that comes with use of subscriptions. The customer no longer needs to worry about the purchase process, or have to remember to make an order each month, because subscriptions gives them the assurance that they will have what they need beforehand.
Moreover, the customer no longer needs to go through the hassle of making a trip to the website or store to place an order. Secondly, subscriptions help customers to stay within their budget by offering a flat rate with minimal price fluctuations. There is also added value to the customer due to huge discounts, or economies of scale by getting it all for the price of one through bundling.
The major benefit of the subscription model to the businesses is the ability to make accurate revenue projections through the expected recurrent sales. Subscriptions encourage recurrent payments, which imply that businesses using this model have more guaranteed revenue thus giving them up to …
Solar power is generated when energy from the sunlight is converted into electricity. It can be used to heat air, water or other fluids. Solar energy technologies are mainly two: The solar photovoltaic (PV) which converts sunlight into electricity using photovoltaic cells. The other type is the solar thermal which is the conversion of solar radiation into heat energy. Photovoltaic and solar thermal technology can also be put together into a single system that generates both electricity and heat.
Australia has the best solar energy resources in the world. This is because it is the continent with the largest solar radiation per square meter of any continent. Notably, the desert regions at the center and in the northwest have the highest solar radiation in Australia. However, Australia’s use of solar energy account for about 0.1 per cent of Australia’s total primary consumption. Solar photovoltaic systems play a crucial role in off-grid electricity generation in remote areas.
Incentives to use solar energy
The Australian government as played a crucial role in the provision of solar energy. Feed-in tariffs were introduced by several states to increase the amount of solar PV power generated.
According to Solar Panels Melbourne, there are still generous incentives in place and still ways to maximise your savings and even make a profit from Solar. They say it’s all about modifying your usage patterns and also choosing the right power supplier who can give you the best rates when your solar power is not running.
The Mandatory Renewable Energy Target (MRET) by the government is another key tool that has driven the use of solar energy to higher levels. The MRET requires wholesale purchasers of electricity to purchase Renewable Energy Certificates created through generation of electricity from renewable sources key among them the solar thermal and the solar PV. This has stimulated growth in use of solar energy and also the additional revenue from this technology.
Availability of subsidy fund has been also notable incentive towards use …
What is a financial planner and what do they do?
This is a common question that is asked by many people, especially those who do not have much idea about finances, money and banking. Though money is not everything in life it could be considered as one of the most important aspects of our life. Hence, we should give the right kind of importance to money and should try and make attempts to grow money to the extent possible. This is not an easy job and unless we have a good experience and expertise in the field of finance, we will not be able succeed in our effort. It is a job that is best left to the people who have experience in this field and a good and competent planner in finance has the right kind of expertise in this.
Professional Financial Planners
A financial planner is person who gives the right kind of advice to us as far as managing our finances are concerned. Usually these professionals are available in banks, insurance companies or other such reputed financial institutions. There are also quite a few such professionals who have their own business and they give advice to people in their individual capacity. They are very helpful when you have a big chunk of money and are looking at ways and means to invest it. They are very capable of advising you about the various possible avenues of return. There are some options where the risk is low but the returns are also low. On the other side of the spectrum, there are some investments where the returns are high but the risk factor is also pretty high. Hence the financial planner is the right person to give you the right kind of idea to manage your funds properly giving you a good mix of returns without compromising too much on your funds.When selecting an efficient financial planners it good to check on the following: (taken from www.findfinancialplanners.com.au)…