Subscription Based Model: Everything You Need To Know
The subscription model is one of the most common models used in nearly every industry. Companies like Microsoft, Netflix and more have been using a subscription-based revenue model for years with much success. Not only companies but creators on multiple social media platforms are also providing their exclusive content through subscriptions. However, most of them do not get the advantage of this incredible feature because they have no idea about the subscription model. If you are also stuck in this situation, this article is just for you. You need to know a few things to make money with subscriptions . What is a subscription model? A subscription model is a method in which customers are charged a recurring fee to access their exclusive content or any product. The exclusive content may include a sneak peek of your upcoming content or behind-the-scenes. One can only earn through subscription when they provide value through content. How does the subscription model work? In...