Digitalization has changed our economy and, with the imminent automation
of consumption, is causing further major upheavals. Consumers are
increasingly choosing subscriptions or season tickets to reduce the
effort required to perform everyday activities such as buying clothes,
preparing meals, listening to music, or city driving. This book focuses
on subscriptions to consumer goods that consumers used to purchase in
stationary retail stores.
Consumer Goods Subscriptions describes the types of subscriptions that
play a role in today's world and identifies the industries in which
subscriptions will become particularly popular in the future. The
authors define and differentiate four subscription types in terms of
surprise and personalization. The book provides a step-by-step concept
for successfully implementing subscriptions and shows how to optimize
subscription revenues and profits. It will help retail managers to seize
the opportunities of this new revenue model and respond to changing
customer behavior with appropriate subscription services.