subscription pricing
Subscription pricing is a business model where customers pay a recurring fee to access a product or service. This fee can be charged monthly, quarterly, or annually, allowing users to enjoy continuous access without needing to make a one-time purchase. Common examples include streaming services like Netflix and software platforms like Adobe Creative Cloud.
This pricing model benefits both consumers and businesses. Customers enjoy the convenience of regular access and often lower upfront costs, while businesses benefit from predictable revenue streams and increased customer loyalty. Subscription pricing is widely used across various industries, including media, software, and e-commerce.