149: How to Start and Market a Subscription Box Service
The Side Hustle Show
Nick Loper
4.7 • 1.6K Ratings
🗓️ 17 December 2015
⏱️ 32 minutes
🧾️ Download transcript
Summary
Recurring revenue models are all the rage these days, and for good reason. You can make a sale once and continue to earn from it as long as you keep your customer happy. There are quite a few recurring revenue business examples from The Side Hustle Show archives, but today I'm excited to introduce Ross Simmonds, a side hustler turned full-time entrepreneur, and the founder of Hustle & Grind, a coffee subscription box service.
Full Show Notes and PDF Highlight Reel: How to Start and Market a Subscription Box Service
Transcript
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| 0:00.0 | Side Hustle Show 149, how to start and market a subscription box service. |
| 0:04.5 | Welcome to the Side Hustle Show, where aspiring part-time entrepreneurs learn how to turn their |
| 0:10.9 | side hustle dreams into reality because your 9 to 5 |
| 0:14.6 | may make you a living but your 5 to 9 makes you alive and now your host Nick |
| 0:20.7 | Loper. Loper. What's up, Nick Loper here? |
| 0:27.0 | Welcome to the Side Hustle show because it's all about the Side Project. |
| 0:30.0 | This is episode 149. |
| 0:32.0 | It's all about starting a subscription box business. |
| 0:35.0 | This is a very hot business model. I've seen a ton of these companies pop up over the last couple years. |
| 0:40.0 | You probably have to Birch Box, Bark Box, Bean Box, they don't all have to start with B, but it's the model is this. |
| 0:47.0 | It's a small collection of curated physical products or samples delivered to your door monthly. |
| 0:54.0 | Customers love this stuff because who doesn't love to get mail and they're getting |
| 0:58.0 | new stuff every month, plus they make great gifts and companies love it because it's |
| 1:02.0 | recurring revenue. |
| 1:03.6 | Now the one that I subscribe to, this isn't really a subscription box type of thing, but the one |
| 1:08.0 | I subscribe to is Dollar Shave Club so I can keep this bald head of mine nice and smooth. |
| 1:12.6 | Today on the show I hope to get your creative juices flowing |
| 1:15.6 | on what kind of subscription box service you could potentially offer |
| 1:19.4 | and to do that I'm joined by Ross Simmons. |
| 1:21.8 | He's the co-founder of Hustle and Grind, |
| 1:24.2 | a coffee subscription service aimed at startups |
| 1:27.4 | and entrepreneurs. |
... |
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