Top 5 Reasons to Start a Subscription Box | Episode 2
Feb 24, 2021Subscribe: SarahsPodcast.com | Apple Podcast | Spotify | IHeartRadio | Stitcher
Why should I start a subscription box? This might be a question that you’ve been asking yourself and today I’m going to give you a few reasons why you should!
On the last episode, I talked about my journey to starting my subscription box, which was mainly for two reasons. Number one, I wanted to create a VIP experience for my regular customers and number two, I wanted to create financial stability in this roller-coaster world we call the e-commerce industry.
Those were my reasons, but what about you? What are some upsides and benefits that you might not have considered when thinking about if starting a box is for you? Well, here are my top 5 reasons why you should start a subscription box.
1) Subscription Boxes are Convenient, Trendy, and Fun
Research shows that households on average subscribe to at least three monthly or quarterly subscriptions. They do this so they can keep up with the latest trends and because it’s convenient to have them delivered instead of having to run out to the store.
2) Riches are in the Niches
Find your area of expertise and run with it. Having a targeted niche that you can excel in can make you the go-to expert in that area and help you develop a following that builds upon itself.
3) No investor? No problem!
You don’t need a lot of money to get started. If you’ve spent time developing your idea and building on pre-sales, you can use that to get your first launch out. The value you build is going to be in yourself and your idea, not in fancy boxes or rushed launches.
4) Two words: Recurring Revenue
Y’all, there is no better revenue than recurring revenue. A business built off of subscription means having steady revenue coming in every month. Having the peace of mind that steady revenue can build is invaluable.
5) The Product is already Sold!
With subscription boxes, there is no need to keep more inventory than you need. There’s no need to stress about what’s going to sell when buying inventory. The items you’ve chosen already have homes you’re sending them to!
Remember to subscribe to the podcast on your favorite podcast provider, as well as leave a 5-star rating and a review!
Download my Free Packaging Cheat Sheet!
Learn from me:
- Subscription Box Blueprint eBook: This $10 ebook covers logistics from product selection to packaging to shipping. Plus a 90-day launch plan and bonus ‘Instant Scripts’ for your social media.
- Launch Your Box: My complete training program that walks you step by step through how to start, launch, and grow your subscription box business.
- Launch Your Box Podcast: I share tons of practical tips and strategies to help you start, launch, and grow your subscription box business. You’ll also hear from industry experts and current Launch Your Box members who are crushing it - get ready to get inspired!
- One Box at a Time: Inside my book One Box at a Time, I show you the steps you need to follow to start and launch your subscription box. To turn your dream into reality. This book is filled with proven teachings, valuable resources, best practices, and action steps for you to take.
Find me on social:
-
Facebook: @SubBoxwithSarah
-
Instagram: @howtostartasubbox
- YouTube: @sarahwilliams5836
Are you ready for Launch Your Box? Our complete training program walks you step by step through how to start, launch, and grow your subscription box business. Join our waitlist and we will notify you when the group reopens.
Hear from Sarah each week!
Do you want weekly tips for starting, launching, and growing a subscription box? Subscribe to get our latest content by email.