Facts about Subscription business model |Hi Tech Blog


Today,we would discuss about Subscription business model technology.

   So,first of all we would know what is Subscription business model?


   It is a business model,where a customer has to pay Subscription price to access the products of company. This concept actually came from newspaper and magazine, but now it is used in many business and website.
 Subscription business model 



  Now what actually Subscription business model basically do?


Well,you have visited many Internet sites and also you may have downloaded many software applications. Now you have noticed about Subscription and free trial of that software for getting extra premium features, Right? That is the subscription model..

Now,before this technology came, each and every product were sold to the customer individually. So rather than selling products, what this model do? It sells periodic use or access to a product in  a case of non profit organization like Opera Companies. Now Subscription model may be periodic and activated automatically, so it can be renewed from pre authorized charge to credit card/checking accounts.
 Subscription business model 

  Now customers may find Subscription convenient, if they believe that they may buy product on regular basis. And with this subscription model,it also saves the time of customer.

  Now,an unlimited use of subscription to a service for fixed price may be an advantage for consumers using those services frequently. But it can also become disadvantage when customer activated the model,but doesn't uses in future. Because, the model will cut the money from card wether u use this product in future or not.

   So,that is Subscription business model and now you know about benefits of this technology.

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