Zuora Advances Media Solution with New AI Paywall
24 Settembre 2024 - 12:00PM
Business Wire
Media and publishing companies can get started
with Zuora’s AI paywall in minutes
Zuora, Inc. (NYSE: ZUO), a leading monetization suite for modern
business, today announced new AI enhancements at Subscribed Live
London that are now available for the world’s leading media
companies. Zuora customers can instantly activate its AI paywall in
minutes for a deeper understanding of subscriber behavior to drive
conversion and revenue growth.
With more pressure than ever in today’s competitive media
environment, success in the Paywall 3.0 era hinges on tailored
offers that resonate with each user, delivered at the most
appropriate time for every individual. Agile systems and
technologies are required to continuously adjust pricing and
packaging strategies at scale, and have become an increasingly
important competitive advantage for media companies. But rolling
out new offers, adjusting pricing, integrating new payment methods
and designing new bundles require quality data, and manual
processes that are often time intensive, which can hinder revenue
growth.
Over 100 of the world’s leading media and publishing brands,
including many of the global top 10 revenue generators, use Zuora
to better understand individual subscriber preferences and create
tailored offers. Now with its AI paywall, Zuora leverages
reinforcement learning to continuously adapt subscriber acquisition
strategies, dynamically adjusting access and offers based on
specific interactions. Customers can easily drag-and-drop to
activate these new AI capabilities, instantly learning from the
numerous data sources already integrated into Zuora. Designed to
fit into an existing tech stack, Zuora’s solution for media
companies can be added without displacing a single system,
connecting with over 30 extensions for the media industry,
including CRM, data and analytics tools.
Customers have seen:
- Up to a 54% increase in conversion
- Up to a 61% increase in revenue
“Media companies need to be able to move rapidly to keep
subscribers engaged as new competitive options launch every day,”
said Chris Scott, Chief Design Officer at Zuora. “Outdated methods
like propensity scoring can’t learn fast enough to respond in an
ever changing market, and can hold companies back by modeling based
on historical data. Zuora leverages AI that can give each customer
a deeply personalized experience with the right offer at the right
time, while eliminating time and investment spent on manual
testing.”
To learn more about creating, testing and iterating paywall
strategies with AI-powered decision making on Zuora, visit
here.
About Zuora, Inc.
Zuora provides a leading monetization suite to build, run and
grow a modern business through a dynamic mix of usage-based models,
subscription bundles and everything in between. From pricing and
packaging, to billing, payments and revenue accounting, Zuora’s
flexible, modular software platform is designed to help companies
evolve monetization strategies with customer demand. More than
1,000 customers around the world, including BMC Software, Box,
Caterpillar, General Motors, The New York Times, Schneider Electric
and Zoom use Zuora’s leading combination of technology and
expertise to turn recurring relationships and recurring revenue
into recurring growth. Zuora is headquartered in Silicon Valley
with offices in the Americas, EMEA and APAC. To learn more, please
visit zuora.com.
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identify forward-looking statements. Such forward-looking
statements involve risks and uncertainties. There are a significant
number of factors that could cause actual results to differ
materially from statements made in this press release.
Information on these risks and additional risks and
uncertainties that could cause actual outcomes and results to
differ materially from those included in or contemplated by the
forward-looking statements contained in this release is included
under the caption “Risk Factors” in our Annual Report on Form 10-K
for the fiscal year ended January 31, 2024 and the Quarterly Report
on Form 10-Q for the most recent fiscal quarter, which is available
on the “Investors” page of our website at
https://investor.zuora.com and on the U.S. Securities and Exchange
Commission’s website at www.sec.gov. Additional information will
also be set forth in other documents that we may file from time to
time with the Securities and Exchange Commission. All
forward-looking statements contained herein are based on
information available to us as of the date hereof. Except to the
extent required by law, we do not assume any obligation to update
these statements as a result of new information, future events, or
otherwise.
© 2024 Zuora, Inc. All Rights Reserved. Third party trademarks
mentioned above are owned by their respective companies. Nothing in
this press release should be construed to the contrary, or as an
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SOURCE: ZUORA, INC.
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version on businesswire.com: https://www.businesswire.com/news/home/20240924012461/en/
Media Contact: Margaret Juhnke press@zuora.com 619-609-3919
Investor Relations Contact: Luana Wolk
investorrelations@zuora.com 650-419-1377
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