The Rise of Subscription-Based Models: Enhancing Customer Retention and Predictable Revenue Across Diverse Industries

The Rise of Subscription-Based Models: Enhancing Customer Retention and Predictable Revenue Across Diverse Industries

Registration ID: IJNRD_204695

Published ID: IJNRD2308434

DOI: Click Here to Get

Rishul Ghosh , Dr. Ashish Ghosh

Subscription Model, Revenue Generation, Customer Retention, Technology, Artificial Intelligence, Metrics

The development of subscription-based business models has become a dynamic force in the modern corporate environment, altering customer interaction tactics and revenue generating paradigms. This study explores the multidimensional phenomena of subscription-based business models, analyzing its emergence across many sectors and its revolutionary effects on client retention and income predictability. This research reveals the processes underpinning the success of subscription models via a thorough investigation of customer behavior, technology enablers, benefits beyond ownership, loyalty-building techniques, and revenue measures. The study emphasizes tactics that improve client loyalty, lower churn, and provide companies a steady stream of income by using mini-case studies from various industries. The paper also discusses the difficulties in maintaining subscriber engagement and adds to a comprehensive understanding of subscription-based models' capability to establish long-lasting client connections and guarantee income stability across a range of sectors by connecting theoretical ideas with practical facts.

Published Paper   E-Certificate

"The Rise of Subscription-Based Models: Enhancing Customer Retention and Predictable Revenue Across Diverse Industries", IJNRD - INTERNATIONAL JOURNAL OF NOVEL RESEARCH AND DEVELOPMENT (www.IJNRD.org), ISSN:2456-4184, Vol.8, Issue 8, page no.e354-e363, August-2023, Available :https://ijnrd.org/papers/IJNRD2308434.pdf

Volume 8 Issue 8, August-2023

Pages : e354-e363

Paper Reg. ID: IJNRD_204695

Published Paper Id: IJNRD2308434

Downloads: 000121873

Research Area: Management

Country: Bhopal, Madhya Pradesh, India

Published Paper PDF: https://ijnrd.org/papers/IJNRD2308434.pdf

Published Paper URL: https://ijnrd.org/viewpaperforall?paper=IJNRD2308434

Journal Name: INTERNATIONAL JOURNAL OF NOVEL RESEARCH AND DEVELOPMENT(IJNRD)

ISSN: 2456-4184 | IMPACT FACTOR: 8.76 Calculated By Google Scholar | ESTD YEAR: 2016

An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 8.76 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator

Publisher: IJNRD (IJ Publication) Janvi Wave

This work is licensed under a Creative Commons Attribution 4.0 International License and The Open Definition

Call For Paper - Volume 10 | Issue 8 | August 2025

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INTERNATIONAL JOURNAL OF NOVEL RESEARCH AND DEVELOPMENT (IJNRD) aims to explore advances in research pertaining to applied, theoretical and experimental Technological studies. The goal is to promote scientific information interchange between researchers, developers, engineers, students, and practitioners working in and around the world. IJNRD will provide an opportunity for practitioners and educators of engineering field to exchange research evidence, models of best practice and innovative ideas.

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Current Issue: Volume 10 | Issue 8

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