Music providers can attract subscribers by offering a service-level agreement that sits behind the product. This could include features such as exclusive content, personalized playlists, high-quality audio, offline listening, and no ads. They can also offer free trials to entice users to try out their service and see the value in subscribing. Additionally, they can leverage partnerships with other companies to offer bundled services, such as including a music subscription with a mobile phone contract.
Subscription services have grown revenues 8X faster than the S&P500 and 5X faster than US retail sal...
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