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The subscription economy is on 🔥

Don't just buy a shaving razor when you need it. Subscribe to Dollar Shave Club for razors sent righ
Future Firm Weekly Top 5
The subscription economy is on 🔥
By Ryan Lazanis • Issue #17 • View online
Don’t just buy a shaving razor when you need it. Subscribe to Dollar Shave Club for razors sent right to your door monthly.
Forget about just buying one pair of pants. Subscribe to a monthly clothing box from Frank and Oak.
We also know how critical it is to get new jewelry each month. That’s why you can subscribe to Emma & Chloé to get your monthly jewels.
Let’s face it, the subscription economy is booming. There’s a subscription for just about anything these days.
Apple further confirmed that the subscription economy is still blazing hot last week when Tim Cook focused on a suite of new subscription services at a March 25 event, rather than unveil any sleek new technology.
And why not? Customers seem to like the predictability and ease of a monthly subscription, while companies love this model as it allows for a consistent revenue stream.
Everyone is moving to a subscription model these days, and if your firm isn’t already on one, you should seriously consider.
The trick is to productize your services in a way that is providing value throughout the subscription period, rather than only at a particular point in the subscription, otherwise your customers won’t be happy paying monthly, but receiving value at only certain points throughout the year.
There’s a great book by Tien Tzuo called “Subscribed” that I speak about in this post if you want to learn more.
And without further ado, let’s get into this week’s Future Firm Weekly Top 5…

1) Intuit Will Shake Up Your Firm
The CEO of Intuit says the rise of artificial intelligence will be as big a challenge as the company’s shift to cloud computing
2) The Next Big Disruption
Bookkeeping Zoom debuts new bookkeeping-on-demand service
3) Are You Safe?
Cloud Accounting Security for Your Firm - Future Firm
4) Get Found on Google
The One-Hour Guide to Search Engine Optimization
5) Before you Automate...
Why You Need to Document Your Firm's Processes
Did you enjoy this issue?
Ryan Lazanis

Future Firm Weekly Top 5 is your weekly curated insight into the top 5 things happening on the internet affecting the future of your accounting firm.

For more technology, practice management and marketing resources for your modern accounting firm, visit my website at https://futurefirm.co.

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