Some examples of new service providers that have benefited from a subscription model include Spotify, Adobe, and Salesforce. These companies have successfully implemented subscription models, allowing them to grow their revenue significantly.
This question was asked on the following book summary:
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,...
Go to dashboard to download stunning resources
DownloadText this question was asked on:
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.