The Global pandemic has brought a lot of unknown into this world, but not for the subscription services industry. Across the board, companies that diversified and offered services to their clients faired much better than those that did not.
A recent poll by the New York Times claimed that 63% of Americans engage in some form of subscription service and that in the next 2 years that number will grow to 74%. Subscriptions are all around us, and they make life easier.
Do you use Microsoft Word? Netflix? Birchbox? HelloFresh? Adobe Products? Google? Zoom? Dropbox? Hulu? The list goes on and on in some of the most useful and sometimes necessary pieces of our life. But the list doesn’t stop there, it stretches into niche markets like fitness, fashion, food, pets, and even supercars.
Freedom Supercars is looking forward to the upward trending market looking for something different where they can drive every supercar, not just one. The club takes care of all the maintenance, detailing, and service so the subscribers don’t have to worry about anything other than driving. At half the cost of owning, supercar subscriptions just make sense.
Marc Smith, the company Founder states, “Those who get it, get it, and those who don’t are missing out.”
Freedom Supercars is having record months and is excited about expanding at the start of 2021 into different cities. Just as Freedom Supercars has, there are many other companies like Netflix that are up 24% annually.
It is all about evolving with the times and giving the consumers what they want. They want it easy, and they want it now. It will be interesting to see what companies take on more market share this year and acquire other companies that are not willing to innovate in the time we live in today.