The growth of remote work in recent years has accelerated the tendency for more flexible company structures that embrace digital technology and decentralized organization. Alongside this trend, businesses are adapting their approach to procurement and ownership, with demand for rental and subscription models matching the...
New Jersey will be regulating automatically-renewing subscription services, according to a report from Perkins Coie, following several other states. The lawsuits come in response to the rapidly expanding subscription economy, which saw massive expansions over the pandemic. Over two-thirds of Americans now make use of...
Core tools and tactics are similar among retail subscriptions, but guiding consumers to keep a beloved but nonessential subscription is a nuanced set of interactions that vary widely. In an On the Agenda panel discussion featuring Brian Bogosian, president and CEO of sticky.io, Juan Palacio, founder...
Blue Apron appears to be finding that, in its push to expand to a wider audience, the subscription model may be holding the company back. The meal kit provider announced Tuesday (Oct. 11) the debut of non-subscription meal kits via Amazon in an effort to...
As brands look to adapt to the new omnichannel normal, one of the most powerful tools at their disposal is data, leveraging digital platforms to more deeply understand (and consequently influence) the behavior of their customers. Quick-service restaurant (QSR) giant Taco Bell, for one, which...
Many consumers using online subscription services have developed staying one step ahead of having to pay for them into an art form — a fact of life for companies offering streaming services and deliveries of specialty foods, cosmetics, fashion items and more. A new research...
As restaurants seek creative ways to drive loyalty, a handful have been exploring the potential of subscription commerce. Chinese-inspired casual dining chain P.F. Chang’s, for one, which has more than 300 restaurants across 22 countries, announced Wednesday (Sept. 28) the launch of an in-rewards-program subscription...
Improving the subscription payment process can help subscription merchants maintain their customer bases. The payment process is a vital part of a consumer’s subscription experience. A payment process that is clunky and filled with friction is prone to avoidable customer churn. Therefore, one of the...
Subscription management and billing platform Recurly has agreed to buy revenue recognition and forecasting solution LeapRev, which will make a single source for customers in need of subscription management, recurring billing and revenue management, a press release said Tuesday (Sept. 27). Revenue recognition reporting requirements...