Togai by Zuora

🚨 Product Update: Config Visualizer

💡 Consumption Models Are Becoming More Valuable With Generative AI In Zuora's report with Boston Consulting Group (BCG) we can see how generative AI is amplifying the adoption of consumption-based pricing models. Here’s why: Scalable Costs: Digital offerings powered by generative AI, like ChatGPT, have marginal costs that scale significantly with usage, unlike traditional software and data. Automation Impact: GenAI reduces the need for human interaction, making user-based subscription models less suitable for capturing the value of these tools. Market Preference: Recent surveys show that customers prefer usage-based pricing for generative AI solutions. #GenAI #PricingStrategy

🚨 Product Update: Configurable Event IDs

💡 To Outperform, Have A Mix Of Consumption Models Zuora's report with Boston Consulting Group (BCG) shows that companies using hybrid consumption models see insane growth benefits. Things to keep in mind: ➡️ Higher Growth Rates: Companies with ARR < $100M using hybrid models grew 8% faster. For those with ARR > $100M, the growth was 13% faster. ➡️ Retention and Expansion: Smaller companies benefited from retaining and expanding existing customers, while larger companies saw growth from new customer acquisition and expansion. ➡️ Predictable Revenue: Hybrid models, like committed usage or prepaid consumption, offer predictable revenue streams while still being flexible. ➡️ Customer-Centric: These models align well with customers' needs, providing better visibility into value and loyalty.

Built for the next generation of internet companies. ❤️

Acquisitions, The Beach Boys & Pixalate. Can Sajed Ahmed set up Pixalate's pricing + billing in time on this week's episode of The Billing Setup? Watch previous episodes here: https://lnkd.in/gVN9-N5u

➡️ Consumption Revenue is On The Rise Zuora's report with Boston Consulting Group (BCG) reveals that 46% of companies have adopted consumption-based pricing between 2020 and 2022. ➡️ Hybrid Models on the Rise The adoption of hybrid models increased from 9% to 26% between 2020 and 2022. ➡️ Some Key Findings: Boosted Growth: Companies using hybrid models saw 8-13% higher YoY ARR growth. Customer Focus: 84% of ARR growth in large accounts comes from existing customers. Fit for Complexity: Ideal for complex products like generative AI. Meeting Expectations: IT buyers prefer flexible, usage-based pricing. #PricingStrategy #BusinessGrowth #BCG #Zuora #Togai

We've recently built quite a few features on Togai! Here's Pricing Rules.

What's brewing with our product? 🍺 Check out the latest product updates at Togai!

Super excited to be joining the team at Zuora! 🔥 #Zuora #Togai #Acquisition