A subscription-based model is a business approach where customers pay a recurring fee to access a product or service. This can include various offerings, such as streaming services like Netflix, software applications like Adobe Creative Cloud, or even monthly boxes of curated goods. Subscribers typically enjoy continuous access as long as they maintain their payments. This model provides benefits for both businesses and consumers. Companies can predict revenue more accurately, while customers often receive lower upfront costs and the convenience of regular updates or new content. Overall, subscription-based services have become increasingly popular across many industries.