A subscription-based model can enhance customer focus by providing a consistent and predictable revenue stream, which allows companies to invest more in customer service and product development. It also encourages a long-term relationship with the customer, fostering loyalty and repeat business. Furthermore, it provides valuable data about customer preferences and behavior, which can be used to tailor products and services to meet customer needs.
Subscription services have grown revenues 8X faster than the S&P500 and 5X faster than US retail sal...
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