The Subscription model: In this model, a company charges customers a recurring fee for access to its product or service. This model is commonly used in the media, entertainment, and software industries, where customers pay a monthly or annual fee to access content or use the service. Ex- Netflix, Amazon Prime & Dollar Shave Club.
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If you want a business model with retention baked right in, consider a subscription model for your next product launch. Customers sign up for the subscription and pay monthly for products delivered to their doorstep or inbox. Customers with a regular need for your products will love the convenien...
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