Buchzusammenfassung
John Warrillow is the bestselling author of Built to Sell: Creating a Business That Can Thrive Without You. He’s also the founder of The Value Builder System, a company aimed at helping businesses improve their value.
Businesses exploring subscription models for online sales often choose between the consumables model, offering regularly replenished products like Dollar Shave Club’s razors, and the surprise box model, which delivers curated, themed packages such as Bark Box’s dog treats. While these models cater to different customer needs, both face challenges like supplier limitations or customer retention. To attract and retain subscribers, strategies include emphasizing cost-effectiveness, creating exclusivity, offering trial periods, and integrating products into daily routines. Priority subscription models, such as Salesforce.com’s tiered support or Thriveworks’ expedited counseling, add value by addressing urgent needs, while simplifying operations and ensuring steady revenue streams. Subscription services also enhance customer loyalty, streamline business processes, and appeal to investors through predictable cash flow. Alternative models, like assurance services (e.g., pet tracking by Locate) or expertise-based memberships (e.g., ContractorSelling.com), cater to niche markets, while community-driven approaches, such as private clubs or network models like WhatsApp, foster exclusivity or growth. The rising popularity of subscriptions reflects shifts in consumer preferences for access over ownership, comfort with online transactions, and the value of data, as seen in offerings from Apple, Microsoft, and Amazon.
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