Online stores are seeing a big boost from retail subscriptions as the convenience and tailored experiences offered by digital retail subscriptions lead to a drop in-person shopping for many consumers. According to a recent PYMNTS Intelligence study, retail subscribers lean toward more of the same...
Consumers who subscribe to scheduled delivery or auto-fill services are uniquely ready to cancel their memberships if they find that the crowd-sourced information they have received is not reliable, PYMNTS Intelligence reveals. By the Numbers The new PYMNTS Intelligence study “The Replenish Economy: A Household...
With increasing competition among platforms promising influencers and creators the opportunity to monetize their followings, Substack is pushing back against its reputation as a newsletter platform, emphasizing its multimedia tools. In a post to the platform Wednesday (Nov. 29), Co-founder and CEO Chris Best, Co-founder...
Instacart is offering its Instacart+ members access to Peacock, a move that comes as subscription services increasingly tap partnerships across industries to expand their audiences. The grocery aggregator announced Wednesday (Nov. 29) a move to provide its paid members with access to Peacock Premium at no additional...
As the holiday season approaches, subscription box companies are going after consumers’ gifting spending. This time of year presents a valuable opportunity for these companies, many of which offer nice-to-haves rather than necessities — the kind of purchase a consumer may be happy to make...
As more creator-focused platforms launch tools for makers to monetize their followings with subscriptions, Tumblr is ending its Post+ program, suggesting that perhaps the landscape is becoming too crowded. The program, which enabled users on the site to offer exclusive content via paid subscriptions, is...
As social media companies push for new ways to monetize their user bases, Snapchat is becoming the latest to test ad-free subscriptions to drive recurring revenue. As pointed out on Meta’s Threads app by one Australian Snapchat user, Jonah Manzano, and shared by several media...
As meal kit providers look for ways to keep their customers coming back, medically focused subscription service ModifyHealth has found that supporting its food offerings with coaching and monitoring contributes to higher lifetime value. In an interview with PYMNTS, G.B. Pratt, founder and CEO at...
Increasingly, restaurants are finding ways to create recurring payment models to drive customer loyalty outside the typical points-per-dollar rewards program model. According to financial services platform Square’s recently released data from the hundreds of thousands of food and beverage sellers it works with, merchants offering...
