Subscription-Based Services

Subscription-based services are arrangements where you pay a recurring fee—monthly, quarterly, or annually—to access a product or service. Instead of buying a one-time item, you gain ongoing access, updates, and support as long as your subscription is active. Common examples include streaming platforms like Netflix, software subscriptions like Microsoft 365, and meal delivery services. This model provides convenience and flexibility, often with tiered options to suit different needs, while companies benefit from steady revenue streams and ongoing customer relationships.