Advantages of a Subscription Model

#Business

The economy of subscription

Updated: 2024.10.29

3 min read · Advanced

Advantages of a Subscription Model

구독 모델의 장점

Articles

Subscription Business Model Defined, How It Works, Examples What’s a Subscription Business Model & How Does It Work?

Videos

Why everything became a subscription - Company Forensics How Everything Became A Subscription.

Discussion Questions

In your own words, please briefly summarize the article.

여러분의 언어로 교재를 간단히 요약해 주세요.

What part of the reading resonated with you most?

이번 교재에서 가장 공감하는 내용은 무엇인가요?

Do you subscribe to any services? If so, why?

어떤 서비스를 구독하고 있나요? 그렇다면 그 이유는 무엇인가요?

If you subscribe to a streaming service, do you think you'd watch more shows than if you bought them one by one?

스트리밍 서비스를 구독한다면 하나씩 구매하는 것보다 더 많은 프로그램을 시청할 수 있을 것 같나요?

Besides products and services, can you imagine subscribing to something unusual like daily jokes?

상품과 서비스 외에 일상적인 개그 같은 특이한 것을 구독하는 것을 상상할 수 있나요?

What do you think is more important for a business, finding new customers or making current customers really happy?

사업에서 신규 고객을 발굴하는 것과 기존 고객을 만족시키는 것 중 무엇이 더 중요하다고 생각하시나요?

If you ran a company, how could you use the data from subscriptions to improve your products?

회사를 운영한다면, 구독 데이터를 어떻게 활용하여 제품을 개선할 수 있을까요?

If you have a question or questions that you'd like to discuss during your class, please write them down.

궁금한 점이 있거나 수업 중에 얘기해 보고 싶은 질문이 있으면 적어주세요.

Expressions

recurring

happening repeatedly

Example

Recurring dreams can be interesting to analyze.

Example

The subscription service offers recurring payments on a monthly basis.

metrics

measurements or values that show the performance of a business or process

Example

We use various metrics to track the success of our marketing campaigns.

Example

The company analyzes metrics like website traffic and customer engagement.

conversion

the act or process of changing something from one form to another

Example

The conversion of the old factory into a modern office space took several months.

Example

The e-commerce website focuses on improving the conversion rate from visitors to buyers.

speculative

involving financial risk; of or relating to financial activity that could result in either a large profit or a large loss

Example

The stock market can be risky due to its speculative nature.

Example

Making speculative investments without proper research can lead to financial losses.

*This material is designed for the exclusive use of Ringle students on the Ringle platform.

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