Edison Dictionary

Membership model

Membership models are types of business plans in which individuals pay a recurring fee to access the value an organization creates. Membership models can be designed in many ways, but they all share a few key features: members receive exclusive access to content and experiences that are not available to non-members, and the membership experience changes over time as new content becomes available. Benefits: A membership model creates a long-term relationship with your members, who pay you on a regular basis rather than in single, one-time payments. As a result of the ongoing nature of a membership model, it is more profitable than offering single purchases to customers.

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