The subscription box business model has grown exponentially in recent years and looks set to keep getting bigger and bigger. Read our infographic guide for tips on how to build a subscription based business.
What is the Subscription Business Model?
Subscription ecommerce is when a customer signs up once to receive a product or service on a regular basis. Subscription box websites collect recurring payments from customers in exchange for the continuous replenishment, curation of, or access to a product or service. This service appeals to customers who will have a constant demand for a particular product or service. As a result, they are more than happy to pay a set fee at defined intervals for its continued delivery as this saves them from the hassle of having to make a purchase every single time they need to renew the product or service.
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