|
Netflix recently announced price increases across all subscription tiers, pushing their premium offering to $24.99 monthly. But even more compelling, according to Chief Marketer columnist Guy Marion, CMO at Chargebee, was the company's gain of 19 million new subscribers in Q4 2024—their largest quarterly growth ever.
“This seemingly contradictory dynamic of rising prices and accelerating growth offers valuable insights for subscription businesses navigating their own pricing strategies,” Marion writes. He offers three critical strategies for subscription businesses to employ.
Last year saw a 45.5% leap in the number of global CMO appointments among companies with at least 200 employees, according to the 2024 CMO Moves Report from executive recruitment firm Taligence. We spoke with the firm’s partner about the somewhat unexpected uptick, the prevalence of MBAs held by CMOs surveyed, and other surprises within the data.
|