
subscription-based models
A subscription-based model is a pricing strategy where customers pay a regular fee—monthly, quarterly, or annually—to access a product or service over time. Instead of buying a one-time item, subscribers enjoy ongoing access, often with added benefits like updates or support. This approach provides consistent revenue for providers and convenience for users who want continuous access without repeated purchases. Examples include streaming services, software licenses, and meal deliveries. It emphasizes a steady relationship between the provider and customer, focusing on long-term access rather than individual sales.