It’s also quite risky to jump on a supply-side bandwagon. If you see that businesses in various industries are rolling out subscription services, you might feel tempted to create a subscription service yourself. But did you really spot a new wave? No. As many companies have failed with subscription services as have succeeded. Subscriptions for snacks? A startup called Munchpak tried it—and failed. Subscriptions for craft-making products? A startup called Adults & Crafts tried it—and failed. Subscriptions for artisanal beer? Craft Beer Club tried it—and failed. The truth is that most people
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