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A Program in Wonders and the Technology of Miracles

Posted by stephen005 on September 19, 2024 at 4:16am 0 Comments

At its primary, A Course in Wonders is just a channeled function, and their beginnings are shrouded in mystery. Helen Schucman, a scientific psychologist, and Bill Thetford, a research psychiatrist, worked in the 1960s to transcribe the internal dictations that Schucman stated to receive from an inner style she identified as Jesus Christ. The process of obtaining and taking these messages spanned seven years and led to the three-volume book known as A Program in Miracles.



The Text is… Continue

GCC 2G Disposables: A Comprehensive Guide to Next-Gen Vaping

Posted by se on September 19, 2024 at 4:15am 0 Comments

In recent years, disposable vaping devices have revolutionized the vaping industry, offering a convenient, portable, and hassle-free experience for both novice and experienced users. Among the popular options in the market, GCC 2G Disposables stand out for their cutting-edge technology, sleek design, and superior performance. In this article, we explore the features, advantages, and reasons why GCC 2G Disposables are becoming a top choice for vape enthusiasts.



1. What Are GCC 2G… Continue

Betting Online in Singapore: A Comprehensive Guide to Legal and Safe Practices

Posted by 8nplay on September 19, 2024 at 4:11am 0 Comments

Online betting has become a global phenomenon, offering convenience and excitement to millions of users. In Singapore, online betting is subject to strict regulations, making it essential for users to understand the legal framework and find secure, reputable platforms for betting. This article explores the legal aspects of online betting in Singapore, tips for safe betting, and a look at some of the popular forms of online gambling.…

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Lucky88 đưa tin: Aston Villa khởi đầu ấn tượng ở Champions League 2024/25

Posted by Lucky88 on September 19, 2024 at 4:10am 0 Comments

CLB Aston Villa bắt đầu cuộc phiêu lưu ở Champions League 2024/25 bằng chiến thắng 3-0 hoành tráng trên sân Young Boys. Trong khi đó, nhà cựu vô địch Juventus cũng đã đánh bại PSV với cách biệt 3-1 tại thánh địa Allianz.

Aston Villa khởi đầu như mơ với thắng lợi trước Young Boys

Aston Villa khởi đầu như mơ với thắng lợi trước Young Boys



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How COVID-19 Changed the Subscription Economy

As everyone knows, the spread of COVID-19 has had a damaging effect on the global economy. However, amongst the operational disruptions, supply chain restrictions and tougher trading conditions generally, subscription businesses and subscription based economy have proved to be resilient.

The pandemic, which resulted in national lockdowns and restriction of movement,has given many subscription businesses around the world a large boost in income, as consumer habits have changed.

How large is the subscription economy and how quickly is it growing?
A reliable reference is the analysis from ‘Juniper Research That provides a comprehensive yearly analysis titled ’Subscription Economy: Future strategies & market forecasts 2022-2026’.

The Juniper Research is built upon data from 27 countries and according to the report, the collected global subscription economy in 2021 was at $224 billion dollars. That number is expected to grow to $274 billion dollars in 2022. These numbers alone are undeniably large and it’s interesting to look at the growth from 2021 to 2022, which on its own is $51 billion dollars! In other words, an increase of 23% – in one single year! It is clear from the report that the Covid pandemic has created a societal shift in the way consumers buy goods and services.

Subscriptions the ratios are shifting towards physical products
One of the more interesting metrics is the share of physical product subscriptions. Normally when we think about the subscription based economy, we think of the digital subscriptions on software and streaming services. The Juniper Research report highlights however that physical product subscriptions account for 45% of the collected global subscription economy and it is one of the categories that has been fastest growing during the pandemic.

Growth in physical product subscriptions has been driven by the pandemic since consumers all over the world have felt a need to get goods delivered to the door and here, the subscription model has come to fruition. Namely, because it adds an important element of convenience for the modern consumer. The common term now used for these types of subscription services is ‘subscription boxes’ and this term can encompass for example regular deliveries of food, make-up, craft kits and we have even seen vinyl record boxes on subscription here at Billsby.

Make a move to the subscription economy
Flexible consumption requires an entirely new business model that fundamentally alters how products and services are sold and to whom. Moving to a subscription economy business model may call for changes to business capabilities, operating models and enabling technology platforms.

In order to make the transition to (or expansion from) a more traditional model, executives first need to determine what this “new'' business model should look like. It starts with understanding where your business is at currently and then determining where you need to get to,in order to respond best to customer requirements and market shifts.

However, getting that level of clarity requires more than simply asking whether it is time to switch to a subscription model, or to start unbundling your current offerings. You need a clear understanding of how your industry is evolving, where competition is most likely to surface and where disruption could happen. Then you need to test all aspects of your future business model to make sure it is going to get you where you want to go. We see many companies start a small pilot business model which is fleshed out as they learn and find out more about how consumers or business react to a recurring payment or subscription proposition.

Worth doing? Absolutely. Subscription economy business models can be a key enabler to help businesses to thrive again during and after the crisis, creating sustainability in the long run to generate more predictable and recurring revenues.

You can also read other blogs on our website to gain more insights on what is pro-rating and four simple ways to reduce customer churn and choosing the best recurring payments system for your business.

Source: subscription economy
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