Benefits of Subscription Based Payment Model?

[Abigail Cooper]

More and more services are becoming subscription based and I'm wondering why it is? What are the benefits of having a subscription based payment model?

 

[Nathaniel White]

Yeah, almost anything service based is subscription based now adays because it has a predictable revenue stream.

 

[Lucas Gray]

It is also convenient for customers since it's automated

 

[Abigail Cooper]

Yeah, almost anything service based is subscription based now adays because it has a predictable revenue stream.

Yeah, the big one is netflix. They have such a large and loyal customer base.