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INTERNATIONAL JOURNAL OF NOVEL RESEARCH AND DEVELOPMENT International Peer Reviewed & Refereed Journals, Open Access Journal ISSN Approved Journal No: 2456-4184 | Impact factor: 8.76 | ESTD Year: 2016 Scholarly open access journals, Peer-reviewed, and Refereed Journals, Impact factor 8.76 (Calculate by google scholar and Semantic Scholar | AI-Powered Research Tool) , Multidisciplinary, Monthly, Indexing in all major database & Metadata, Citation Generator, Digital Object Identifier(DOI) |
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| Paper Title: | The Rise of Subscription-Based Models: Enhancing Customer Retention and Predictable Revenue Across Diverse Industries |
| Authors Name: | Rishul Ghosh , Dr. Ashish Ghosh |
| Download E-Certificate: | Download |
| Author Reg. ID: |
IJNRD_204695
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| Published Paper Id: | IJNRD2308434 |
| Published In: | Volume 8 Issue 8, August-2023 |
| DOI: | |
| Abstract: | The development of subscription-based business models has become a dynamic force in the modern corporate environment, altering customer interaction tactics and revenue generating paradigms. This study explores the multidimensional phenomena of subscription-based business models, analyzing its emergence across many sectors and its revolutionary effects on client retention and income predictability. This research reveals the processes underpinning the success of subscription models via a thorough investigation of customer behavior, technology enablers, benefits beyond ownership, loyalty-building techniques, and revenue measures. The study emphasizes tactics that improve client loyalty, lower churn, and provide companies a steady stream of income by using mini-case studies from various industries. The paper also discusses the difficulties in maintaining subscriber engagement and adds to a comprehensive understanding of subscription-based models' capability to establish long-lasting client connections and guarantee income stability across a range of sectors by connecting theoretical ideas with practical facts. |
| Keywords: | Subscription Model, Revenue Generation, Customer Retention, Technology, Artificial Intelligence, Metrics |
| Cite Article: | "The Rise of Subscription-Based Models: Enhancing Customer Retention and Predictable Revenue Across Diverse Industries", International Journal of Novel Research and Development (www.ijnrd.org), ISSN:2456-4184, Vol.8, Issue 8, page no.e354-e363, August-2023, Available :http://www.ijnrd.org/papers/IJNRD2308434.pdf |
| Downloads: | 000118801 |
| ISSN: |
2456-4184 | IMPACT FACTOR: 8.76 Calculated By Google Scholar| ESTD YEAR: 2016 An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 8.76 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator |
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Published Paper ID:IJNRD2308434 Registration ID: 204695 Published In: Volume 8 Issue 8, August-2023 DOI (Digital Object Identifier): Page No: e354-e363 Country: Bhopal, Madhya Pradesh, India Research Area: Management Publisher : IJ Publication Published Paper URL : https://www.ijnrd.org/viewpaperforall?paper=IJNRD2308434 Published Paper PDF: https://www.ijnrd.org/papers/IJNRD2308434 |
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ISSN: 2456-4184
Impact Factor: 8.76 and ISSN APPROVED
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