Question
The subscription box industry, including companies such as the Dollar Shave Club and Hello Fresh, among others, is proliferating the internet. According to Chen et
The subscription box industry, including companies such as the Dollar Shave Club and Hello Fresh, among others, is proliferating the internet. According to Chen et al. (2018), it has grown by over 100% since 2013. Many major retailers, such as Sephora and Walmart, have gotten on board to take advantage of this movement. Companies like Netflix and Disney, who provide video streaming subscription services, may also be included in this category. For this, you will perform an external analysis on the subscription box industry, based on your learning in Lesson 3.
Chen, T., Fenyo, K, Yang, S, & Zhang, J. (2018, February 9).
Thinking inside the subscription box: New research on e-commerce consumers. McKinsey & Company. https://www.mckinsey.com/industries/technology-media-and-telecommunications/our-insights/thinking-inside-the-subscription-box-new-research-on-ecommerce-consumers
3.Identify the strategic issues facing new companies wanting to enter this market.Recommend ways in which companies can succeed in this business model
A few important notes:
You must cite at least two credible references in your analysis. Journals, reputable magazine articles, reputable newspaper articles, and scholarly articles can be searched via the Athabasca University Library at http://library.athabascau.ca.
You cite and format your references using APA (American Psychological Association) style. For assistance with APA , see the Purdue University Online Writing Lab for assistance on formatting citations and references. You can also ask your academic expert for help.
You must conduct your own analysis. This means you should not use another author's completed five forces analysis or STEEP analysis of this industry. Look for supporting data and information that helps you your own analysis.
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