
Subscription Service
A subscription service is a business model where customers pay a recurring fee at regular intervals—such as monthly or yearly—in exchange for continuous access to a product or service. This model is common in sectors like streaming entertainment, software, and box deliveries, providing convenience and often cost savings. Subscribers benefit from ongoing use without needing to make individual purchases each time. The service provider maintains a steady revenue stream and builds ongoing relationships with customers. Essentially, it's a commitment to receive and pay for a product or service regularly, simplifying the purchasing process and enhancing user experience.