10 Factors To Consider When Evaluating Consumer Subscriptions (by Substack)
- Must Have vs Nice to Have
- Existing recurring behavious vs New recurring behaviour
- Converstion from free tier or Trial to paid subscriber
- Subscription gross profit (annual)
- Cohort retention (customer, revenue, and usage retention)
- Payback perio on customer acquisition costs
- Total addressable market for initial subscription offering (Act I)
- Attachment and bundling potential for Act II, III and beyond
- Win-back potential
- Network effects
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