A lot of people are willing to ultimately pay more in exchange for the flexibility to leave when they want. You know subscription is really just a way of of rebundling or repackaging value in a different way that meets the needs you know sort of a different set of needs if I buy a car. So there's a lot of benefits and costs that are bundled into buying a car versus let's say subscribing to a fleet of cars like that. Or subscribing to a single car like Volvo's offering or subscribing to you know Uber has a has a membership model where you can getyou know a discount on a certain number of rides every month plus no surge pricing. All of those different models
Subscriptions aren’t new – the business model dates back to trade guilds in the 12th century. But Robbie Kellman Baxter, an expert on the business of subscriptions, says with new billing platforms, remote customer support, and digital services, it’s worth considering how to make subscription business models work for your company.