The Subscription Price Model is a business and pricing model that allows customers to purchase access to goods or services on a recurring basis. This can be achieved either through long-term contracts or short-term commitments such as monthly or annual purchases. When it comes to Subscription Price Models, customers benefit from greater convenience since the service is accessible for an agreed upon period of time, while companies benefit from reliable and predictable income streams. With this dynamic approach, firms have the opportunity to engage new customers, increase customer loyalty and create longer-term relationships.