Subscription-Based Business Models - Having More, Owning Less
Subscription-based pricing models continue to become a major part of modern software sales. The model has become one of the predominant business models for the software industry because it can be a powerful tool for growth. But in order to unlock that growth, subscription pricing must be impleme...
By Aniello Pepe, Director, Industry Strategy Group, Oracle. Subscription-based business models are undoubtedly spreading incredibly fast across many industries. Telecom companies paved the way, followed by music and video streaming companies.
High-Tech Tuesday Webinar: Like It or Not, Here It Comes — Subscription-Based Business ModelsLaurie F. WursterJP Corriveau
Subscription-based business models allow companies to sell physical or digital products or services to customers on a recurring basis, typically in exchange for a monthly fee. Instead of a one-time purchase, customers subscribe to receive goods or access to services regularly, usually monthly or an...
What is a subscription-based business model? Sign up for thePayPal Bootcamp. In partnership with three expert business owners, the PayPal Bootcamp includes practical checklists and a short video loaded with tips to help take your business to the next level. ...
Subscription-based business models have reshaped how products and services are offered and consumed. More than 38% of people will have benefited from subscription business ideas in 2020 alone. Subscription businesses offer products or services on a recurring basis, usually monthly or annually. This...
Experiment with different models:Try different models, such as the freemium model, and see which one works best for your business. Diversify:Diversify your revenue streams. Don't rely entirely on the subscription-based business model; look for other ways to monetize your product or service. ...
Subscription-based business models are the current business trend, and it’s easy to understand why. There are many advantages tomanaging subscriptionsversus selling products. A captive clientele and a steady, elevated revenue stream are only two of the most obvious. ...
If you’re ready to take advantage of the benefits of a subscription-based business model, we have some tips to help you make sure you do it right. Refine your product The subscription-based model isn’t necessarily suited for every business, product or service. As such, your offering may...