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But Sonos doesn't sell any services/subscriptions, just products, correct? So even if they wanted to have recurring revenue how would they do it? They sell gadg
by alkonaut 2y ago
But Sonos doesn't sell any services/subscriptions, just products, correct? So even if they wanted to have recurring revenue how would they do it? They sell gadgets?
- mixermachine 2y ago...so far, yes. But somebody has to pay all of that new network traffic and cpu cycles ;).
- alkonaut 2y agoI'm sure it's one of the biggest questions asked by the Sonos C-suite: how do we get recurring revenue or make the moat wider. But that goes for every product company in the world.
- wiether 2y agoThey sell "Sonos Radio HD", a subscription based radio service which is supposed to be an upgrade from their free offering. But as much as I dislike the "new" app, it doesn't push subscribing to this service, so I'm not sure they absolutely want device customers to become subscribers.