Are Subscription-Based Services The Next Big Smart Home Innovation?
Ever since Amazon has stepped into the smart world, it has come up with a string of smart home products. There have been multiple innovations in the last year by the tech giant. There is another string of innovative products that Amazon is working on after the decade of innovation came to an end. Subscription-based services like Netflix, Amazon Prime Video, Disney Plus, Hulu and many others have been a huge hit. Hello Fresh is another subscription-based service that sends you ready-to-prepare meals.
Users tend to have monthly subscription services rather than going for yearly subscription box services. Amazon might be eyeing subscription-based services – imagine paying a small amount like $15 a month and getting a choice of smart home automation.
2020 has seen massive surges in online purchasing, particularly through Amazon, and the tech giant is already using its Prime service to distribute Amazon-branded smart home devices more widely.
It is important to keep customers engaged when working with a subscription-based model in order to ensure that customers don’t cancel plans. The customer experience can be improved by customizing features based on the interests and history of the user.
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