- it may look like you pay for a product or service, but it is not
- you pay certain amount of money for the promise to be provided by the "value" later
- you pay in advance for articles and comics that don't exist yet (think of magazine subscription)
Personally I like this value form for it is very predictable in terms of estimating the profit. The number of subscribers who are paying you money may increase or decrease but to a certain extent. You still have a pretty good estimate of the number. You just collect a certain estimate of money on regular basis
SO, always TRY to add some sort of this value form in your business. That IS a good bid
4 things about this value form
- it is all about providing significant value on regular basis
- you collect money on regular basis
- always try to attract new customers, to cover for the the dropping-off customers
- your ULTIMATE goal is
TO RETAIN EACH SUBSCRIPTION FOR AS LONG AS YOU CAN
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