Subscription Business Model-Secrets Revealed
Prelude
Every organization has but one dream — how to automatically keep making money. Most of the founders start their journey with this objective, yet many keep struggling and fail to eventually realize that subscription business model may just not be possible. Speaking from experience, let me tell you today that It is Possible.
Subscription is in the heart of this business automation, although there is more to it, which I will discuss eventually. Subscription is not a new business model but existed since age-old times, and many traditional industries have been thriving on this model. Reader’s Digest is a pioneer in this model and has been successful since they released their first issue on Feb 5th, 1922. Your electric distribution company has also been in the subscription business since inception. In today’s times, you will find subscription model in every business — from holidays to monthly razors, diapers, children games. Recurly is a subscription to manage your subscription. Possibilities are endless — your imagination is the limit.
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About the Author
Avid Blogger, researcher on new innovative topics, Educator, Social Media Enthusiast, Story Teller. Enjoys writing on subjects of Technology especially Cloud, Education, Finance and Operations.
