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The content does not provide specific examples of companies that have failed in implementing a subscription model. However, some companies may fail in implementing a subscription model due to reasons such as poor market research, lack of customer value, and inadequate customer service.
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Subscription services have grown revenues 8X faster than the S&P500 and 5X faster than US retail sales. This new business model is why Adobe, Netflix,...
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Whether for an established company like GE, a streaming service like Netflix, or a new service provider like Box, accessing customer data to create a subscription-based offering is the growth path of the future: companies running on subscription models grow their revenue more than nine times faster than the S&P 500.
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