3. SHELF it · Business · Entrepreneurship · Technology

BR 234: Subscribed by Tien Tzou

Category: 3 – SHELF it (All Categories are 1 – Read ASAP!, 2 – BUY it!, 3 – SHELF it, 4 – SOMEDAY it)

Comments: This felt like subscription economy 101.. I guess I expected more. :)

Top 3 Lessons:

  1. With subscriptions, product companies are replaced by companies who put the customer first.
  2. When we said newspapers and music were dead, what we were really saying is that the old business model was dead.
  3. The move from access to ownership means everyone is creating a subscription business. And the presence of sensors means even old manufacturers are embracing it. Schneider electric is making elevators default to most used floors for example.

Book notes here.