The tenure system in academia is criticized for allowing unproductive senior faculty to remain in their positions indefinitely, often long after their most impactful work is done. This blocks opportunities for younger academics and stifles innovation, as there is no mechanism to remove underperforming but tenured staff.
Unlike transactional purchases requiring a proactive decision to buy, subscription models thrive on consumer inertia. Customers must take active, often difficult, steps to cancel, making it easier to simply continue paying. This capitalizes on a psychological flaw, creating exceptionally sticky revenue streams.
When faced with a year of unstructured time, such as a gap year, the perception of having ample time is a trap. Without immediate action on major goals like travel or personal projects, months will pass with nothing accomplished. The key is to start on day one, as the window of opportunity closes faster than expected.
Many subscription companies employ a "penetration strategy," pricing below cost to attract a large user base. Once loyalty is established, they leverage their pricing power to increase profits, shifting focus from pure growth to appeasing shareholders who now demand profitability.
What people claim they will do in surveys often differs dramatically from their actual purchasing behavior. This phenomenon, 'consumer dissonance,' makes survey data on price sensitivity and buying intent highly unreliable. Real-world A/B testing or sales data provides a far more accurate predictor of consumer action.