This session will explore how Generative AI is driving new trends in Net Revenue Retention (NRR) performance, highlighting the importance of designing pricing models that facilitate expansion revenue. To capitalize on these trends, companies must implement usage-based pricing models, which allow for flexible and scalable monetization.
Steven Forth will also emphasize the need for advanced billing management systems to effectively manage these models. Finally, he will introduce the concept of "generative pricing", a new process essential for designing innovative and future-proof pricing strategies. Viewers will leave with actionable insights into how to leverage usage-based pricing to improve NRR and stay competitive.
Net Revenue Retention (NRR) can be improved with usage based pricing.