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Get a 14 Day Free Trial of My Subscription Box Course here: https://aussiebizchic.mykajabi.com/?u... USE code YOUTUBE to get $25 off the course price! Get a FREE trial of Subbly to help run your Subscription Box: https://join.subbly.co/aussiebizchic-01 The global subscription box market is expected to reach US$ 65.0 Billion by 2027. So you’re probably thinking you might want to start a subscription box. In this video I want to talk about why a subscription box is a really great idea to pursue if you’re looking to start a business. But also want to give you a heads up as to what you need to be prepared for as well. I’m going to be super honest giving both the pro’s and con’s of this business model. What I wish I knew sooner, so hopefully this can help make your decision easier as to whether this is the business model you want to do. 00:00 - Introduction 00:30 - Recurring Revenue 00:58 - Set Up + Late Payments 02:12 - Forecasting Stock 02:46 - Organisation 03:12 - Higher Customer Lifetime Value 04:21 - Long Sales Cycle 04:50 - Increased Customer Loyalty 05:24 - Fulfilment is Easier 06:01 - Casual Staff 06:23 - Launch Your Sub Box ---- Where else to find me: Tik tok: @aussiebizchic Instagram: @aussiebizchic