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Music providers can attract subscribers by offering a service-level agreement that sits behind the product. This could include features such as exclusive content, personalized playlists, high-quality audio, offline listening, and no ads. They can also offer free trials to entice users to try out their service and see the value in subscribing. Additionally, they can leverage partnerships with other companies to offer bundled services, such as including a music subscription with a mobile phone contract.
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How can your company take advantage of the subscription-based model, the most dynamic growth sector of the economy? describes how companies from software-as-a-service to auto manufacturers, music providers to construction equipment manufacturers, are turning customers into subscribers by teasing out the service-level agreement that sits behind the product.
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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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What’s the best way to showcase and assess a business idea? Customize our Business Model Canvas to compartmentalize and prioritize the most important elements to make a successful business. Whether you’re still brainstorming the next big idea or looking to modify your current business model to better suit market needs, this canvas collection can help you describe how a company creates, captures, and delivers value.
What is the most effective revenue model or monetization strategy for your organization? This presentation provides a comprehensive guide to tried-and-true revenue models that can be highly lucrative when used right. Use these slides to integrate sound avenues for monetization with your current value proposition, customer relationship, and operation structure.
Need a business plan for projections and scenario plans? Forecast new product lines or price strategies for subscription, ads, or product-based revenue models for any business type - not just mobile apps. Accounts for CapEx, overhead, and sales and marketing.
Are you looking to determine which investment opportunities are best for your company, especially when multiple options are available? How can you tell you’re investing your capital in the best project? Our Captial Budgeting template, available in Microsoft Excel and Google Sheets, will help you to evaluate the best projects and opportunities to invest in.