Subscription Lines Dilemma Victoria Ivashina Terrence Shu 2019
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As I grew more and more into the world, I found myself feeling like the most unpredictable of the people I knew. Everywhere I looked, I saw people who had taken up a new form of life: a new career, a new way of doing things. Even their faces had become different: their expressions, their postures, their body language. They could do anything – as long as it could pay the bills. It wasn’t so much that they were lazy as that they were desperate. The money they were making was far below what they would have made if
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I’ve been thinking a lot lately about the subscription lines dilemma. What happens when businesses offer products at a steep price, such as an annual subscription, and then fail to deliver their promised goods? This is a particularly challenging problem in the subscription space. Traditional business models typically rely on productivity and efficiency, meaning that companies need to quickly move from making the same product at a lower cost as an annual subscription to selling it at a higher cost. But the lack of consistency in delivering goods often results in consumers abandoning the subscription
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A while back I was part of a group that had to come up with an interesting and novel concept for a new business venture. One member of the group was Victoria Ivashina and the others were Terrence Shu and I. In an informal meeting we tried to brainstorm and come up with some ideas, all of which were good in their own right. However, it was at that meeting when the dilemma struck us: Should we offer a subscription based business model for a new product? At first, Victoria suggested that the idea was great but
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1. Summary of Problem One of the common problems we see in the financial world is subscription lines dilemma. Subscription lines dilemma refers to when a company is not profitable because the subscription revenue is higher than the sales revenue. For instance, a company that sells grocery subscriptions is a common example. When there is more revenue, it means there is more demand for the product, and people may pay for subscriptions. However, the company may not be making enough money to cover the subscription cost, leading to losses.
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I am Victoria Ivashina, and I am a computer science PhD student from Moscow State University, Russia. My thesis work is on natural language processing for dialog systems, and I was studying natural language processing and natural language understanding, which I find fascinating. i thought about this One particular area of focus is the design and implementation of neural language models, specifically attention-based neural language models. I had an opportunity to be one of the participants of the workshop on Attention-Based Neural Networks in NLP, that was held in January 2019, in
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1. “Subscription Lines Dilemma: Income and Dividend.” Victoria Ivashina and Terrence Shu, 2019. Victoria Ivashina and Terrence Shu, “Subscription Lines Dilemma: Income and Dividend,” 2019. I first read this case study when it was published and it got me intrigued. This is one of those cases where the authors’ perspective on a certain issue is worth hearing. 2. “Ethical D