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Why You Should Implement a Subscription Model.

And why your competitors probably already have.

The subscription model and recurring billing have exploded in recent years. Growing from a market of $57 million in 2011 to $5.8 billion in 2017. That's over a 4000% growth in the last 5 years with no signs of slowing down. In fact, the subscription model market size is projected to come somewhere close to $530 billion this year.

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Almost every company is moving to, or implementing a subscription-based model or already has. Even Coke-a-Cola is rolling out its coke subscription box and allowing people to preorder and sign up.

To help you understand what all the hype is about and why you should care, we going to touch on a few key points to help you decide if a subscription model is right for you and your business.

Subscribing to the idea of a subscription-based business model.

According to the New Straits Times, the growth of the subscription market is expected to hit $530 billion in 2020. It’s clear that subscriptions are poised to disrupt almost every traditional business model…