Don’t miss Commerceweek, February 28–29 in NYC, to explore the technology and trends fueling commerce. Get strategic insights from leaders at The New York Times Advertising, Turo, TikTok and more. Register.
From health to the auto industry, businesses are either making subscriptions their main model or a core part of it. Businesses and companies that have embraced the model have seen a tremendous growth.
So, what are subscription-based offerings?
Subscription-based offerings is a business model where a customer pays a subscription price in order to access the products or services. You most probably have paid for a subscription before.
Companies that have adopted the model have realized the benefits that come from the guaranteed repeat business.