Guess what made #7? Subscription-based commerce.
Become the “Dollar Shave Club of _____”.
Think about it.
Dollar Shave Club made its $ by getting people on a monthly subscription for razors. What else do people want/need on the monthly? Bi-monthly? There are plenty of consumer niches that haven’t been hit with this model.
The article provides two tips: focus on niches and keep prices low. Offering less expensive, highly niche products will help you stand out from the competition as you grow. Furthermore, sites like Crate Joy can take care of everything for your subscription box business, and they’re killer for competition research, too.
Click the link here to see what else made the list.