2min chapter

HBR On Strategy cover image

Is a Subscription Model Right for Your Business?

HBR On Strategy

CHAPTER

The Role of Subscriptions in the Sharing Economy

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

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