Note: Businesses should look at moving towards a model for recurring inflows while they should making their expenses as variable as possible.
-
Cryptocurrencies have been getting a lot of attention lately. With increasing capitalizations of the major currencies in circulation n... -
Building a product which customers may want is the key to good business idea. Hence working out Use Cases for your product is very essenti... -
Zappos is a great example of a company having very clearly defined vision and culture. The founder Tony Hsieh has been very clear and ex...
Showing posts with label subscription based business ideas. Show all posts
Showing posts with label subscription based business ideas. Show all posts
Subscription Revenues; On-Demand Expenses
Note: Businesses should look at moving towards a model for recurring inflows while they should making their expenses as variable as possible.
Startup Model – Subscription Based E-books & Audiobooks
THE MODEL: A subscription
service for users where they can listen to audiobooks and read ebooks as many
as they want. An option to download a limited number of books is also
available.
STARTUP: Storytel
(Swedish startup)
WHAT I LIKE
Core Idea – A
subscription based model for listening to audiobooks and reading ebooks.
Subscription Model
– Users can access unlimited books for the monthly subscription charges.
Best Model for Chosen
Category – Subscription can generate more revenue as compared to individual
book sales. Also audiobooks and ebooks have to be bought once and can be
accessed any number of times. This ensures better financials for the startup in
the chosen category.
CONCERNS
Competition – The startup competes with other similar
services and also all vendors selling ebooks and audiobooks.
Subscribe to:
Posts (Atom)