A company can balance customer needs with profitability in a subscription model by leveraging customer data to create a subscription-based offering that meets the needs of the customer while also driving revenue growth. This can be achieved by understanding customer preferences and behaviors, and tailoring the subscription offerings accordingly. Additionally, the company can also focus on providing high-quality service and value to retain customers and reduce churn, which is crucial for profitability in a subscription model.
Subscription services have grown revenues 8X faster than the S&P500 and 5X faster than US retail sal...
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