What Are Product Subscriptions?

You can differentiate between the different types of subscription businesses based on the type of product being offered as a service.

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Product subscriptions are tangible subscriptions which is further divided into consumable subscriptions (example: subscription boxes for food, drinks, magazine, toilet paper, dollar shave club etc.) amd consumer durable subscriptions (such as bikes, car, furniture, equipment tech etc.).

A product subscription is when a business offers it’s products to the customer on a subscription basis instead of one-time sales.  

In such business models the customer does not own the product but simply uses it in exchange for a recurring fee. The company (seller) even retains the ownership of the product and gets the product back at the end of the subscription period.

Learn more about products that are perfect for as a subscription product.

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