Subscription services are business models that allow customers to access products or services for a recurring fee. This model is prevalent in various industries, including streaming, software, and e-commerce, providing users with convenience and often cost savings compared to one-time purchases.
These services typically offer a range of options, from monthly to annual subscriptions, catering to different consumer needs. Popular examples include Netflix for video streaming, Spotify for music, and Adobe Creative Cloud for software. The rise of subscription services has transformed how consumers access and enjoy content, making it more accessible than ever.