Subscription is eating the world

June 5, 2020

Subscription is the best business model ever.

Subscription by definition means recurring. The beauty lies in the details.

You provide value (service) to your audience, and in exchange they pay you (money). If you stop providing value to your audience, they stop paying you.

As a seller, you earn great recurring revenue from customers you acquired in the past. And you are incentivised to keep delivering great service.

As a buyer, you are guaranteed great service. Otherwise you would leave.

It’s a win-win for both the seller and the buyer.

The proof is in the pudding. Compare 10 years ago to today, subscription is eating the world.

> SaaS is the subscription model for software products

> Memberships is for podcasts, newsletters, and communities - digital products

> Subscription boxes is for physical products

I started a subscription business (SaaS) 1 year ago and its been a joy watching the MRR (monthly recurring revenue) grow.

As an entrepreneur, I love seeing my past efforts return compounding results into the future.

I can’t think of a better way to do it than subscription.

💌 Enjoyed reading?

I write a weekly newsletter called ☕️ Sunday Coffee where I share my learnings about building profitable SaaS businesses and living a good life. Check out the newsletter archives. I think you'll like it!

You'll be joining 742 others who read my newsletter every Sunday morning. Best had with a cup of fresh coffee ☕️

You can also subscribe to the newsletter via RSS feed.