The Subscription Economy is here. Where are you?

Subscriptions have always been a powerful business model. But until recently they were largely restricted to publishers selling printed content, or to phone companies selling access to mobile services.

All that is changing.

New technologies and evolving consumer behaviors and expectations are making it possible to apply the subscription model to more and more products and services in both the B2B and B2C spaces.

This is evidenced by studies showing that the Subscription Economy has grown by more than 350 percent in recent years. The Subscription Economy is expanding across almost every industry. And it is here to stay.

What is powering the Subscription Economy?

Subscription Factory has identified four key drivers powering the growth of the Subscription Economy: Sustainable Revenue Creation, Technology, Customer Demand and Simplifying Sales Processes.

There is a good chance that one of these Subscription Economy drivers applies to your organization. As such, you’re in a position to discover the subscription potential within your business. But to enter this growing market takes careful planning and an understanding of multiple processes. Before you make the leap, strategize the launch of your first subscription offer with experts who have helped numerous other companies to succeed in the Subscription Economy.