Subscription services refer to a business model where customers pay a recurring fee, typically on a monthly or annual basis, to gain access to a product or service. This model is prevalent in various industries, including entertainment (such as streaming platforms), software (software-as-a-service or SaaS), and consumer goods (subscription boxes). The subscription could provide access to exclusive content, features, or products, and often includes benefits such as cost savings or convenience compared to one-time purchases. Subscription services have gained popularity due to their ability to provide predictable revenue for businesses and continuous access to products or services for consumers.
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