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While Stripe is a payment processing platform, both Profitwell and Baremetrics are strictly business metrics monitoring tools that integrate with Stripe to bring you more in-depth knowledge about your transactions. Price Intelligently, which figures out pricing for subscription businesses. What is Stripe?
Stripe's Features The most important Stripe features to know about are: Large Ecosystem The Stripepayment processor is just one part of the Stripe ecosystem, which also includes solutions such as Stripe Terminal (for in-person payments) and Stripe Billing (for subscriptions and invoicing).
Like back in a few years ago at Stripe before we had this product called StripeConnect, for instance, which powers marketplaces, we had some very interesting feature requests. That led us to build StripeConnect to open up the door to all these marketplaces that we’re going to have to build before that.
5⃣ Focus on Recurring Revenue (Subscriptions or Lifetime Deals) Predictable revenue = stable business. Subscription model (SaaS) = Customers pay monthly or yearly (best for long-term growth). Some Micro-SaaS founders start with a lifetime deal to get early traction, then shift to subscriptions for long-term stability.
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