January 11, 2024
Netflix’s Ad Tier Tops 23 Million Users as Consumers Rethink...
As ad-free streaming becomes too expensive for many consumers, amid price hikes and broader economic challenges, Netflix is reportedly seeing surging adoption of its ad-supported tier. Amy Reinhard, Netflix president...
January 11, 2024
Amazon’s Buy With Prime Expansion Has Potential to Remake the...
In recent years, Amazon’s Buy With Prime program has undergone significant expansions, transforming the landscape for both the eCommerce giant and the retailers who join the initiative. What started as...
January 11, 2024
OpenAI’s GPT Store Has Arrived, What About AI’s Monetization Strategy?
There exists one thing that generative artificial intelligence (AI), for all its advances, hasn’t changed. And that’s the fact that software products, no matter their capabilities, need to make money....
January 11, 2024
Is Rent the Runway Struggling or Strategically Recalibrating?
Rent the Runway, a fashion rental company, has undergone adjustments, including a 10% reduction in its corporate workforce. However, the question arises: Is this indicative of a struggling company, or...
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...
