Transcript

The Evolution of Recurring Revenue

THE EVOLUTION OF RECURRING REVENUE Building a recurring revenue stream is a proven way to grow business and disrupt entire markets. Most people associate modern companies like Netflix and Hulu for disrupting their respective industries with a recurring offering but they weren't the first. (1440 Newspaper & Periodical Subscriptions The advent of the printing press in the 15th century allowed for the efficient and consistent increase in the volume of printed publications and periodicals. Now they could be sold on a regular basis. (1885 Telephone Services After AT&T was formed in 1885 to connect local Bell companies they quickly monopolized the market, charging individuals a recurring monthly fee to RIKSTELEFON access their service. 1990's Home Security Systems Replace Traditional Lock and Key Traditional lock and key models have been increasingly replaced by digital home security systems. This provides companies like Ingersoll Rand with an opportunity to charge a monthly fee to maintain these systems. Early 2000's On-Demand Video Rentals Netflix began offering mail-based video subscriptions for a flat monthly rate and disrupted the traditional one-off transactions of Blockbuster and mom and pop video shops. For an additional revenue stream Netflix evolved to offering streaming videos. Mid 2000s Streaming Music Services The rise of online consumption allowed Spotify to disrupt the online music industry, which had been dominated by the likes of Apple and others. Late 2000's Digital Gaming Gaming took a big step into the modern age when companies like Zynga and Digital Chocolate began monetizing video games by charging monthly subscriptions. Subscription Boxes fly the stylish skies jetBlue too much of a good thing in MINT The rise of e-commerce has jetBlue BIRCHBOX• MINT allowed traditional industries the experience that rejuvenate and engage a weary traveler. 2: a fun and delightful amenity kit filled with editor-approved O beauty, grooming and lifestyle products. like clothing and groceries to develop recurring, on-demand services whereby you can order goods online and have them regularly shipped to your home. welcome to a newly minted experience jetBlue & BIRCHBOX Recurring Revenue Models For All Businesses have few limitations on the recurring revenue models they can use including consumption, tiered, freemium or subscription. This wide range of options for consuming goods and services on a recurring basis give customers what they demand in today's fast-changing economy. Recurring Revenue Innovators THE REVOLUTIONARIES To learn about how aría Recuming Revenue Innovators modern day recurring aria THE EMERGING LEADERS revenue models can help aría Recuring Revenue Innovators THE GLOBAL GIANTS you grow your business today, download the SONY Google IR Ingersoll Rand. Recurring Revenue HMicrosoft PHILIPS Innovators e-book. www.ariasystems.com UNITED + You Copyright © 2014, Aria Systems, Inc. All rights reserved. Aria Systems and the Aria logo are trademarks or registered trademarks of Aria Systems, Inc. All other trademarks shown are property of their respective owners. f8*be inya BIR >> >> 000000 BI

The Evolution of Recurring Revenue

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Building a recurring revenue stream is a proven way to grow business and disrupt entire markets. Most people associate modern companies like Netflix and Hulu for disrupting their respective industries...

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