How to Start a Subscription Box Business in 5 Easy Steps – ShoeMoney

We’re addicted to subscriptions. Amazon, Netflix, HBO, Google Music, Hulu, etcetera, etcetera. In a survey, 2,500 people underestimated their spending on subscriptions by almost 200%. People sign up for subscriptions because they think, “that’s cheap, I’ll get that.” The market has conditioned people to think this way. Why not take advantage of it? Subscription boxes are an easy way to make a little bit of extra cash each month. Even if you get a few people to sign on, you’re going to make some money. But what’s involved in building a subscription box business? How do you choose what to send people? Here’s a short guide on how to do that. 1. Niche Down that Subscription Niche Just like most popular online business models, there will be competition. In the subscription box business, there’s a ton of competition. You might go to Google, type in your niche and get overwhelmed. […]

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10 Subscriptions Every Entrepreneur Should Have

Save time and simplify life with these subscription programs. November 19, 2019 3 min read Disclosure: Our goal is to feature products and services that we think you’ll find interesting and useful. If you purchase them, Entrepreneur may get a small share of the revenue from the sale from our commerce partners. For entrepreneurs running or launching their own business, time literally is money. And not money in the abstract sense — it’s literally your money! You don’t want to compromise the time or effort you’re committing to your business dream, so what can you do? Be more efficient! And these subscription programs can help. Sun Basket Image credit: Sun Basket When you’re busy running a business, it can be hard to eat healthy — especially if you have dietary restrictions. Sun Basket makes it easy with plans for various lifestyles and dietary needs. Care/of Image credit: Care/of Take care […]

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Loyalty Matters: How to Build a Customer Retention Plan That Really Works

Most people follow a three-strike rule when it comes to company patronage. Only about 33% of customers will drop you if you give them bad service once. Excellent news, right? Verily. We’re living in an age of excellent customer service. More than 80% of Americans report that businesses are meeting or even exceeding expectations in customer service. But is 80% enough? Would 80% be enough for you to trust your doctor-recommended birth control? Even that 99.9% success rate birth control sometimes fails. How do you beat the numbers? Customer retention programs, that’s how. Below you’ll find some of the best advice on the net on how to keep them coming back for more. 1. It Begins With Customer Service While customer service historically hurts rather than helps customer retention efforts, it’s still a hole you must plug. You might not gain customer loyalty, but you’ll be less likely to lose […]

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