Search results for "subscriptions"

January 11, 2024
RetailMeNot Says Consumers Start With Deals and Stay for Brands...

In the narrative of the retail scene, the consistent theme over the last two years has been the influence of inflation on consumer spending. However, this impact extends beyond the...

January 10, 2024
High-Value Subscribers Turn to Auto-Fill Options for Their Shopping

Auto-fill services enable merchants to reach the highest-value subscribers, driving long-term revenue. By the Numbers Supplemental research from PYMNTS Intelligence’s report “The Replenish Economy: A Household Supply Deep Dive” highlighted...

January 10, 2024
Cocktails by Subscription as Alcohol Brands Tap Recurring Payments

Barsys and ReserveBar are launching a personalized cocktail subscription service, as more alcoholic beverage memberships emerge as part of the industry’s slow digital transformation. Barsys, a consumer robotics company offering...

January 10, 2024
Firework Unveils AI-Powered Virtual Shopping Assistant

Firework, a video commerce and engagement platform, has unveiled an artificial intelligence (AI)-powered virtual shopping assistant for eCommerce merchants. Dubbed AVA (AI Virtual Assistant), the assistant takes the form of...

January 10, 2024
Coffee Subscriptions Can Yield Double-Digit Transaction Growth for QSRs

As more coffee shop chains try out beverage subscriptions to boost traffic, new data suggests that these programs can drive significant increases in customer frequency. According to a recent report...

January 10, 2024
Amazon Integrates Buy With Prime With Salesforce Commerce Cloud

Amazon says it is integrating its Buy With Prime tool with the Salesforce Commerce Cloud. The solution, announced in a news release Wednesday (Jan. 10), lets Salesforce merchants add Buy With Prime to their...

January 10, 2024
Half of Loyal Customers Have Multiple Subscriptions, Data Shows

Retail product subscribers’ spending patterns and demographics can vary significantly, and understanding these dynamics can aid providers in minimizing churn and targeting the most valuable clientele. Against this backdrop, subscription...

January 09, 2024
Rent the Runway Cuts 10% of Corporate Staff 

With subscriber growth slowing, fashion rental firm Rent the Runway has begun cutting staff. The company plans to let go of about 10% of its corporate employees, it said in a Tuesday (Jan....

January 08, 2024
Dating Apps Target ‘Dating Sunday’ Boom to Push Paid Plans

With consumers following up on their New Year’s resolutions to get out there, dating apps are looking to seize on the start-of-year boom to drive adoption of their paid offerings....

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Resolving Failed Payments for a Successful 2023
Subscription merchants that fail to offer multiple ways for consumers to buy their products will see their sales take a hit, says Bean Box CEO Matthew Berk. Only giving consumers one way to buy and pay is a key driver of voluntary churn, especially in these times. Read the “Subscription Commerce Tracker®,” a collaboration with Vindicia, for more.
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A Household Supply Deep Dive
42% of Consumers With Retail Subscriptions Shop Less Often at Physical Stores Retail subscriptions are changing the shopping landscape, and nearly one-third of subscribers purchase most or all items using scheduled or auto-fill subscriptions. PYMNTS Intelligence’s latest study of 2,011 consumers and 188 retail subscription merchants, “The Replenish Economy: A Household Supply Deep Dive,” a collaboration with sticky.io, details the replenish economy and its impact on in-store shopping habits.