What is Subscription?
Subscription refers to a process of receiving new content or products on a regular basis by paying a recurring fee. This model has become increasingly common in recent years, with many businesses opting for subscription-based services instead of one-time purchases.
The concept of subscription isn't limited to digital age alone; it has been around since the beginning of time. It originally gained popularity during the 17th century when publishers started charging readers for weekly or monthly access to their newspapers and magazines. Without subscriptions, most media outlets would struggle to survive financially.
Nowadays, subscriptions are used for various goods and services like food delivery, beauty boxes, video streaming, and more. Subscription models provide customers with convenience, affordability, and personalized experiences that keep them coming back.