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3 August, 14:00

How does a subscription business model function?

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  1. 3 August, 17:54
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    It refers to selling products or service and receive monthly subscription charges.

    Explanation:

    Mostly such businesses retain the customers and give importance to the taste and preference of the customers. It aims ta the single customer paying for a long time for enjoying the uninterrupted service.

    Many companies and establishments are aiming at subscription model than the business revenue model wherein the profits are made in a single go. whereas in subscription model, the revenue is recurring. Magazine company is the best example of subscription model where the company issues magazine service to the customers monthly,
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