The Subscription Trap
18 October 2024 - 30 mins
Podcast Series
Planet Money
Over the past two decades, there's been a sort of tectonic economic shift happening under our feet. More and more companies have switched from selling goods one by one to selling services, available as a subscription. These days everything from razor blades to meal kits to car washes have become subscriptions. But all that convenience has also come with a dark side – some companies have designed their offerings to be as easy as possible to sign up for and also as difficult as possible to cancel. Many consumers are now paying for way more subscriptions than they even know about.
On today's show, we discover how we all fell into this subscription trap – who is winning and who is losing in thi...
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