Why the Subscription Business Model Works So Well

 

By now, most people are familiar with having a subscription service of some kind. Many of us have multiple subscriptions both digital and physical that allow us access to a product or service. In fact, 86% of Americans say that they are paying for at least one subscription service.

It is no wonder that many businesses are adding this pricing model as an option for their customers. Gartner reports that 75% of the organizations selling directly to consumers are projected to offer subscription services by 2023.

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from StartUp Mindset https://startupmindset.com/why-the-subscription-business-model-works/
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