subscriptions

A subscription is a regular, ongoing agreement where you pay a set fee to access a product or service over time, rather than buying it once. Examples include streaming services like Netflix, magazines, or software like Microsoft Office. Subscriptions provide continuous access, often with the flexibility to cancel or change plans. They benefit providers by creating consistent revenue streams and offer consumers convenience, updated content, or services without repeated purchases. Overall, subscriptions are a way to receive ongoing value in exchange for a recurring payment.