Over the last two years, the rate at which consumers sign up for subscriptions has jumped significantly, leading some companies to consider the model for their business-to-business (B2B) relationships as well. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Failed payments account for almost half of the churn – or account cancellations – in subscription businesses, yet they still don’t get the attention they deserve. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
The bane of subscription brands and merchants is churn, but what triggers that churn is often a failed payment that starts a chain reaction resulting in a canceled subscription. This is preventable with the right combination of technology and strategy. Get the Full Story Complete...
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Doug Hirsch, co-CEO of GoodRx, which offers medication discounts and tracks pharmaceutical prices, said the company had over a million subscribers on its subscription offerings for prescription drug coupons, CNBC reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
According to the Subscription Commerce Conversion Index, a PYMNTS and sticky.io collaboration, the estimated number of U.S. consumers who use a least one retail subscription comes in at 61 million. The data indicates there could be as many as 225 million active retail subscriptions in...
Genealogy is big business — and poised to get bigger — as demonstrated by investment firm Blackstone’s December 2020 purchase of Ancestry for $4.7 billion. Further driving the point home was the announcement on Thursday (Sept. 16) that Ancestry is appointing former Amazon and Facebook executives to top...
Blue Apron announced on Monday (Sept. 13) that it is launching “Heat & Eat” meals as add-ons for subscribers. Unlike the company’s meal kit offerings, these items are single-serving, ready-made frozen meals meant to be microwaved in five minutes or less. Get the Full Story...
Petco is expanding the monthly PupBox subscription service to offer new products tailored to the four life stages of dogs, a press release stated on Wednesday (Sept. 8). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...