How to Start a Subscription Business and Make Recurring Income

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  • Опубликовано: 21 ноя 2024
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Комментарии • 37

  • @CreativeHiveCo
    @CreativeHiveCo  4 года назад +1

    🚨NEW FREE WORKSHOP FOR 2022🚨 Learn how to create a PROFITABLE handmade business online without keeping up with social media 🔽
    Watch the free workshop here: bit.ly/393iRY5

  • @rebeccahoward1340
    @rebeccahoward1340 4 года назад +5

    Thanks Mei - I've been wondering about this for my business and this is a great insight on the pros and cons. Very inspiring!!

  • @jadeburchett1999
    @jadeburchett1999 2 года назад

    Love how you broke everything down! Lots of wisdom behind all of your advice and the graphics help too!

    • @CreativeHiveCo
      @CreativeHiveCo  2 года назад

      Thank you so much Jade! I really appreciate it! ❤️

  • @AllSmilesOnly-pd8jz
    @AllSmilesOnly-pd8jz 7 месяцев назад

    Oh my gosh, thank you so much. I’ve been wondering about how to do a sequential subscription based business model for my product. Can you please tell me which technology you use for this or point me to the video that you did on it?

    • @CreativeHiveCo
      @CreativeHiveCo  7 месяцев назад

      Hi there! Some popular options include Stripe, PayPal, and Recurly for handling subscription billing and management. Additionally, platforms like Shopify, WooCommerce, and Magento offer plugins and integrations for setting up subscription services within your online store.😊

  • @ZentCandles
    @ZentCandles 4 года назад +1

    Your videos are very helpful and educational. Thank you for sharing.

    • @CreativeHiveCo
      @CreativeHiveCo  4 года назад

      I'm so glad to hear that, Araceli! Thank you so much for watching!

  • @alejandrapikulski6940
    @alejandrapikulski6940 4 года назад +1

    Great information to consider as I'm trying to grow my business :) Thanks!

    • @CreativeHiveCo
      @CreativeHiveCo  4 года назад

      Glad it was helpful! Thank you so much for watching!

  • @inkyapron1862
    @inkyapron1862 4 года назад +1

    Wow, so much value in your content!

    • @CreativeHiveCo
      @CreativeHiveCo  4 года назад +1

      Aww, thank you so much, Marisa! That means so much to me! 💖

  • @caroldanvers265
    @caroldanvers265 3 года назад

    Hi Mei! Great video btw! I've learned a ton about the subscription box business and was thinking of starting one myself. The thing is that I like these two ideas and I wanted to determine, which of these ideas people will like. I was going to do a soft launch of both boxes at different times. Any thoughts about this?

    • @CreativeHiveCo
      @CreativeHiveCo  3 года назад +1

      You can poll your target audience beforehand to see which they prefer - social media is a great spot for crowdsourcing information!

    • @caroldanvers265
      @caroldanvers265 3 года назад

      @@CreativeHiveCo thanks Mei for your feedback. I'll ask people on social media in different groups

  • @karenp5630
    @karenp5630 4 года назад +1

    You rock. Thanks for creating this!

    • @CreativeHiveCo
      @CreativeHiveCo  4 года назад

      You rock too, Karen! Thank you so much for watching!

  • @jackiechristabel3190
    @jackiechristabel3190 4 года назад +2

    Great info! Can u do a video on Patreon? I know a lot of artist that do small business use Patreon as monthly subscriptions, what are your thoughts on that?? Thanks!

    • @CreativeHiveCo
      @CreativeHiveCo  4 года назад

      Done! 😊 ruclips.net/video/l3vLhEFbOjQ/видео.html

  • @matthiasherzog5201
    @matthiasherzog5201 4 года назад

    Thank you. Where can I find that program that you mention at 17:20? The jewelry I sell is made from recycled metal and turns out differently every single time (hammered and formed with pliers). How would I apply this subscription based sale to my products?

    • @CreativeHiveCo
      @CreativeHiveCo  4 года назад +1

      You can find out more about A Sale A Day here: www.creativehiveco.com/a-sale-a-day-business/
      As far as a subscription service for you, you would be sending out the same style of necklace, bracelet, ring, etc. each month. The small differences won't matter because each customer is getting one of that style. You can say that due to the handmade nature it may vary slightly from the photo, if you have a photo. But you can just do "Necklace of the Month" without having to show off what it is beforehand so it's a surprise to customers.

  • @thnrrtr
    @thnrrtr 4 года назад

    Thanks for the vid :) Liked and subscribed.

    • @CreativeHiveCo
      @CreativeHiveCo  4 года назад

      Thanks for the sub, Kyle! I appreciate that so much!

  • @ShoshanahShear
    @ShoshanahShear 3 года назад

    I am re-looking at this to add to my store. Can you talk a bit about pricing?
    I found a number of videos about subscription boxes that include products obviously purchased wholesale. They have pricing that is half -quarter of the retail price. How does pricing work with handmade items?

    • @CreativeHiveCo
      @CreativeHiveCo  3 года назад

      You would have to work something out with the makers where you are able to meet their wholesale criteria (i.e. minimum purchase by dollar amount number of pieces).

    • @ShoshanahShear
      @ShoshanahShear 3 года назад

      @@CreativeHiveCo I dont follow, by the makers you mean me?
      I am looking into options to purchase materials wholesale. Do you have any videos or tips on that?

  • @TheSimplesanctuary
    @TheSimplesanctuary 4 года назад +1

    Hi Mei
    Do you suggest a subscription platform in particular as my website host doesn't offer subscription services so I need to find third party. This would be helpful 😃

    • @CreativeHiveCo
      @CreativeHiveCo  4 года назад +2

      If you are planning your subscription to be a big part of your business, you'll need to weigh the pros and cons of moving to a platform that does support subscriptions, like Shopify. There are too many moving parts to a subscription that you want to be sure it's not just a band aid solution and use something with proper foundations.
      If it's just a few subscriptions here and there then check out CrateJoy.

  • @jenns_artlandia7896
    @jenns_artlandia7896 3 года назад

    shipping is awful now. How are things going with successful existing (pre-covid) box businesses ??

    • @CreativeHiveCo
      @CreativeHiveCo  3 года назад

      I suppose it depends on the product and how suppliers are handling getting their own packages on the way to places. Hopefully the shipping situation will settle down now.

  • @amanuelalemu2515
    @amanuelalemu2515 3 года назад

    Good work, Thank u.

  • @shoecharmscity8302
    @shoecharmscity8302 3 года назад

    Mei I am making the jump to a novel subscription website BUT I need your help. I have more shoe charm designs releasing than there are months in the year. What shopify app allows customers to choose which upcoming releases they want for their monthly subscription through the year ? I sure hope you see this. Thank you Ron

    • @CreativeHiveCo
      @CreativeHiveCo  3 года назад

      You may want to see if Bold Subscriptions will work for you. apps.shopify.com/bold-subscriptions

  • @yassinecanizares
    @yassinecanizares 4 года назад

    Who do we share a subscription?

    • @CreativeHiveCo
      @CreativeHiveCo  4 года назад

      You can share on social media to your followers, or add it to your website, or email your email subscribers list.