Recurring Revenue from Ecommerce for Subscription of Software Purchases
Abstract: The advent of eCommerce has revolutionized the way businesses operate, particularly in the software industry. This paper explores the recurring revenue model facilitated through eCommerce platforms for subscription-based software purchases. It delves into the core concepts of recurring revenue, Enterprise Resource Planning (ERP), and eCommerce, and high- lights the key objectives and benefits of integrating these systems. Additionally, the paper discusses best practices, implementation strategies, and key performance indicators (KPIs) for measuring success. A case study of a leading security company utilizing recurring revenue as a channel is also presented to provide practical insights.
Keywords: Recurring Revenue, eCommerce, ERP, Sub- scription Model, Software Purchases, Integration, Payment Gate- way, Stripe, Boomi, EDI System, Oracle
How to Cite?: Saurav Bansal, Preeti Tupsakhare, "Recurring Revenue from Ecommerce for Subscription of Software Purchases", Volume 10 Issue 12, December 2021, International Journal of Science and Research (IJSR), Pages: 1551-1553, https://www.ijsr.net/getabstract.php?paperid=SR24914155746, DOI: https://dx.doi.org/10.21275/SR24914155746