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Subscription based business models - Thoughts/ideas

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Rizzwan Khan

IS-IT--Management
Oct 22, 2021
1
PK
Hello everyone, since my first genuine success with my own firm blew up horribly in late 2020, I've had to return to working for someone else (facepalm). I'm only on my second day working in fintech, but I've already seen some extremely inventive and niche firms apply for subscription payment billing.
I'd love to hear your thoughts on SaaS subscription Management system products and businesses, the advantages and cons of using them, and anything else you'd like to share because I can't stop thinking about subscription-based ideas!
Before things went south with my business last year, I was thinking about offering a members-only section to our overwhelmingly loyal customer base, and I think it's a really interesting space for new and old businesses to generate another stream of steady income. I just don't think I fully understand how it would impact how you run the thing versus a traditional retail business...
 
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