Commerce Glossary

A comprehensive resource to help you master the language of commerce.
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What is a Subscription?

sub - scrip - tion
A subscription is a recurring transaction made regularly in exchange for a product or service.
How Does a Subscription Work?

Subscription business models are based on the idea of selling a product or service to receive monthly or yearly recurring subscription revenue. They focus on recurring revenue - a single customer pays multiple payments for prolonged access to a good or service.

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