The subscription business model has entered many industries. Amazon is offering almost all their product types in this business model already and they are getting massively good at it. Learn how to make this business model work, because if it has not already entered your industry it will do so very soon …
Subscription Business Model
The Subscription Business Model has found its way into most consumer product categories (newspapers, music/video streaming, books, food, clothing, groceries, toiletries, cars, bicycles and many more).
While some establish companies still struggle to create their own offering, Amazon has already created the possibly most lucrative Subscription Business Model offering and still continues to invest massively into its expansion.
The Subscription Business Model is one of the most promising business model innovations for non-platform businesses.
The subscription business model has long existed for magazines and newspapers. But in recent years it has found its way into many industries. It has become the dominant business model in some of them. It has its merits in replacing ownership with access in some cases. In other cases it offers convenience. And yet in other cases it provides a membership proposition instead of a one-time transaction.
Understand the opportunities for your business.