“…By adapting the core concept of the subscription‐based business, at present, there are numerous SBRS in operation in the U.S. For instance, Noorda () reported that SBRS have experienced exponential growth, with demands for SBRS increasing almost 30 times between 2013 and 2016. There are different SBRS, which are industry‐specific such as publishing books and magazines (Noorda, ), beauty and fashion (Bhatt, ; Sivathanu, ; Woo & Ramkumar, ), and video‐streaming such as Netflix and Amazon Prime (Wayne, ). However, the present study focuses exclusively on beauty‐related SBRS like Birchbox, Ipsy, Glossybox, and others.…”