The subscription economy is booming, with more and more consumers preferring the convenience and cost-savings of subscribing to products and services rather than making one-off purchases. For online businesses, offering a subscription product is a great way to generate recurring revenue and build customer loyalty. Here are the top 10 subscription products to consider for your online business in 2024:
- Video Streaming Services
With the insatiable demand for video content, subscription video streaming services like Netflix, Hulu, and Disney+ remain extremely popular. Offering a niche streaming service for your industry could be a lucrative subscription product. - Online Courses
The e-learning market continues to grow rapidly. Offering a subscription for unlimited access to your online courses makes for an appealing and scalable product. - Software as a Service (SaaS)
SaaS subscriptions to digital tools and platforms are now the norm across industries. Consider offering a SaaS subscription product related to your business’s expertise. - Meal Kit Delivery
The convenience of having fresh ingredients and recipes delivered to your door with meal kit subscriptions like HelloFresh and Blue Apron is hard to beat for busy consumers. - Beauty Product Subscriptions
Subscription boxes featuring curated monthly makeup, skincare, and beauty product selections have grown in popularity, such as Birchbox and FabFitFun. - Book Subscriptions
Digital book subscription services like Scribd and Kindle Unlimited provide unlimited reading for a monthly fee that many avid readers find worthwhile. - Pet Product Subscriptions
Pet owners love the convenience and surprise of having pet treats, toys, and grooming products show up regularly through subscriptions like BarkBox and KitNipBox. - Art/Craft Supply Subscriptions
For makers and creatives, art and craft supply subscription boxes like Craftsy Crate deliver affordable curated materials each month. - Clothing Rental Subscriptions
With concerns about sustainability and minimalism, rental clothing subscriptions like Rent the Runway allow access to a rotating wardrobe for a monthly fee. - Membership Communities
Online communities and private membership groups that provide exclusive content, connections, and resources through a subscription model, like Scott’s Cheap Flights.
With creative thinking, almost any product or service could potentially be offered as a subscription for your online business in 2024. The key is providing real value and convenience for your subscribers.
