NEW DATA: Subscription Commerce Top Performers
No subscription services are made alike — but the top performers do share some common traits. According to the latest Subscription Commerce Conversion Index, a Recurly collaboration, 100 percent of the top merchants all do three things, but miss on two others that could eliminate the friction that consumers face when engaging with them.
ClassPass And The Battle Of The Bulge, Waged Digitally
In an interview with PYMNTS’ Karen Webster, Sam Hall, chief product and technology officer of ClassPass, offered some updates on what the fitness subscription service is doing to bring workouts to the digital age.
Spotify Gets Ready To Go Public
Unnamed sources told Axios that Spotify filed Securities and Exchange Commission (SEC) documents in December for an initial public offering (IPO). The documents are still confidential.
Indigestion Woes For Meal Kit Players
Burp. That’s the sound of VC backing slowly away from the table of meal kits, heaped and groaning under the weight of dozens and dozens of players. Here’s why plenty is sometimes too much, and too much work for the consumers who are churning fast from names like Blue Apron.