Essential ecommerce terms to grow your online store.
A subscription-based business is a business model where customers pay a recurring fee or subscription in exchange for access to products or services. Subscription-based businesses can take many forms, including software-as-a-service (SaaS) platforms, online media and content providers, ecommerce businesses, and more. In a subscription-based business model, customers typically sign up for a recurring payment plan that allows them to access a product or service over a specified period.
