VIDEO: Swapfiets | How This Subscription Business Model is Driving the Future of Urban Transportation
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Swapfiets | How This Subscription Business Model is Driving the Future of Urban Transportation
Swapfiets’ subscription business model has managed a near-miraculous transformation for the future of urban transportation.
This year, Swapfiets has reached the milestone of 100,000 customers, becoming the largest bicycle subscription in the world. From renting a handful of bikes 2014 until today, the company has grown by at least 500% every year.
Their reason behind their rapid growth?
It’s a mix between a subscription model business and the promise of a high-quality and always functioning bicycle for a fixed amount per month.
But why did they use a subscription business model?
Subscription model businesses are emerging everywhere. Companies such as Goodiebox, HelloFresh and Amazon Prime employ a subscription business.
Instead of just selling bikes, Swapfiets created a new category, and it was a first in the market.
Curious to find out more? Take a look at the full video as we unpack all the marketing tactics behind Swapfiets’s success story, as well as a short overview of subscription model businesses.
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We reverse-engineered Swapfiets’s marketing funnel to offer an excellent example for subscription-based businesses. We have, however, not trained Swapfiets.
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6 Replies to “VIDEO: Swapfiets | How This Subscription Business Model is Driving the Future of Urban Transportation”
Nice overview Giulia. Love this company! 🔥
Nice to see how they mix off and online channels for growth!
My favorite thing about this video: costs go up and revenue drops, but after transformation to a subscription model is complete, cost go down and revenue comes back up!
Great video. I am Swapfiets user myself and now I understand more why they grew so fast! Cheers Giulia.
sei bravissima, complimenti davvero! quando usciranno altri video sulle strategie usate dalle nuove startup?
Nice job Giulia. As always, great insight and entertaining to watch. Keep it up