Stealth • 3m
Continuation, for a one-size-fits-all subscription becomes questionable. Consumers can also use AI tools like ChatGPT to create customized diet plans, further diminishing the need for a rigid subscription model. A 2022 survey by Deloitte found that 71% of consumers prefer personalization in their food choices, which is often better achieved through on-demand services rather than subscriptions.The subscription model also struggles with high customer churn rates. McKinsey & Company reported in 2021 that subscription services, including meal kits, experience a churn rate as high as 39% after just six months. This is largely due to the lack of variety and the inflexibility that subscriptions offer compared to the pay-as-you-go options available on platforms like Zomato and UberEats.Given these factors, it’s clear that while a subscription model may offer some benefits, it pales in comparison to the convenience, variety, and flexibility offered by established on-demand platforms.
Download the medial app to read full posts, comements and news.