Subscription Economy

in #hive-16792215 days ago

We are getting into the subscription model everywhere. People will give some things for free but when you need more information then you have to subscribe. From TV, OTT, Delivery and everywhere we have these subscription. If you are not having the subscription either you will not able to do anything on that server or you will have limited access.

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PC: Pixabay.com

For example, I order food through Zomato or Swiggy. And they too have subscription model where if you have subscribed to their model you will get some discounts as well as you get free delivery if the restaurant is within 7 km. Similarly in the YouTube too, if we don't subscribe then we have watch ads. If we subscribe we have to pay some amount every month.

Similarly in the OTT too, we have to subscribe to watch movies, shows and everything whether it's Netflix, Amazon Prime or Disney Hotstar. And recently the YouTube Creators also started their membership program which is kind of subscription model, where you to pay some amount every month to get access to those channels.

And this is how we are actually getting towards the subscription model. Everywhere we have to subscribe to get some additional things. This is taking additional expense from your income because everyone wants to get access of everything and thus they pay for it. Since we have so many apps and so many different things, we have to subscribe to every other apps to get additional benefit and thus this is actually becoming a norm.

I try to stay away from the subscription as much as possible but there are some places where I have to use subscription. I try to limit the subscription so that I don't encur more expenses in the subscription model.

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Great job! Keep up the good work! 👏 !STRIDE (Comment !STOPSTRIDE to stop receiving upvotes & STR)

Indeed the Subscriptions are taking the world by storm everywhere. There will still be some free tiers for entry level, but premium content, services or products could be accessible only for subscribers.

And that's what we are heading towards. And because of that more piracy will be coming.

While subscription is appreciated on the online services. The subscription/ rental model has creeped into applicances and furnitures too. 😂

Imagine people taking away your furniture because you forgot to recharge. Or your microwave or gas stop working because of it. The situation would be funny but not far off.

Happy New year to you my friend

Happy New Year. Yes and they call it as AMC - Annual Maintainance Charge

Subscriptions are bad for the consumers but a blessing for companies as they keep on earning regularly. I'm not a fan of recurring expenses though but most of these memberships come with subscription which is bad but have no other options to choose from

Yeah we have to subscribe for some but again having too many subscription is just waste of money.