Why sales teams need to adapt to the subscription economy
The subscription economy is booming. It empowers customers by removing entry barriers and providing personalized content. Today it’s common for younger consumers to expect to pay a fee at regular intervals for access to a product or service. While the model has had popularity with software and entertainment, it is now normal across travel, health, and more.
In this Forbes article, learn what executives are saying about how, since canceling a subscription is easy, the key to profitability is the length of the subscription. Sales teams must embrace this new economy and present a unique value proposition that sets them apart. The focus now is long-term growth versus short-term revenue.