How Businesses Are Generating Recurring Revenue Streams

How Businesses Are Generating Recurring Revenue Streams
A shopper browses through vitamin supplements at a GNC vitamin store in New York City. A new medical report shows a possible link between taking B6 vitamins and a lessened chance of developing lung cancer. Chris Hondros/Getty Images
Rachel Hartman
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While in its simplest form, the concept of manufacturing may convey the thought of creating and selling a product, today’s connectivity has led to further opportunities. For manufacturers, that includes windows opening to new revenue streams. The trend encompasses changing preferences among consumers as well, including benefits that come from services such as subscriptions and warranties.

For companies like Illuminate Labs, a supplement company which uses a third party to test its products, that has meant a shift into the advertising world.
Rachel Hartman
Rachel Hartman
Business Reporter
Rachel Hartman is a freelance writer with a background in business and finance. Her work has appeared in national and international publications for more than 10 years. She resides in Miami and travels frequently.
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