Subscription models can significantly impact traditional retail sales by shifting the focus from product ownership to customer experience. This model can lead to a transformation in brick-and-mortar retail, where the focus is on enhancing customers' online experience and using the data obtained to inform the stocking of physical stores. Industries like news, media, and automotive have already seen a resurgence due to online subscriptions. Even sectors like healthcare, government, and utilities are adopting the subscription model. However, this transition may initially result in a drop in revenue and rise in expenses, as seen in Adobe's case, before steady growth is achieved.
Subscription services have grown revenues 8X faster than the S&P500 and 5X faster than US retail sal...
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