Transitioning to a subscription model can have several financial implications. Initially, there might be a drop in revenue as the business shifts from a one-time purchase model to a recurring revenue model. There could also be an increase in expenses due to the need for a new organizational structure, changes in the focus of the sales, marketing, and finance teams, and a new approach from IT. However, these initial costs could be offset in the long run by the potential for steady, predictable income and increased customer loyalty.
Subscription services have grown revenues 8X faster than the S&P500 and 5X faster than US retail sal...
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