subscription commerce

The use of a recurring, usually monthly, payment business model so consumers and businesses can access products and services on a regular basis. The most popular subscription commerce businesses are streaming services (e.g. Spotify, Netflix), digital media (e.g. Wall Street Journal, Bloomberg), “box of the month” categories (e.g. StitchFix, Barkbox, FabFitFun). Businesses use the subscription commerce model to make access to valuable products more affordable by eliminating the need to make a one-time purchase, e.g. Salesforce, Microsoft Office, fraud and security software).

4 in 10 Millennials Rely Mainly on Retail Subscriptions for Everyday Shopping Needs

4 in 10 Millennials Rely Mainly on Retail Subscriptions for Everyday Shopping Needs
4 in 10 Millennials Rely Mainly on Retail Subscriptions for Everyday Shopping Needs
November 30, 2023  |  Subscriptions

Online stores are seeing a big boost from retail subscriptions as the convenience and tailored experiences offered by digital retail subscriptions lead to a drop...

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Auto-Fill Subscribers Likely to Cancel if Given Misleading Information
Auto-Fill Subscribers Likely to Cancel if Given Misleading Information
November 30, 2023  |  Subscriptions

Consumers who subscribe to scheduled delivery or auto-fill services are uniquely ready to cancel their memberships if they find that the crowd-sourced information they have...

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ChatGPT Mobile App Downloaded 110 Million Times in 6 Months 
ChatGPT Mobile App Downloaded 110 Million Times in 6 Months 
November 30, 2023  |  Artificial Intelligence

Six months after ChatGPT became available in its first native mobile version, its mobile app has been downloaded more than 110 million times and generated...

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Peacock Pins Subscription Hopes on Instacart Partnership
Peacock Pins Subscription Hopes on Instacart Partnership
November 29, 2023  |  Subscriptions

Instacart is offering its Instacart+ members access to Peacock, a move that comes as subscription services increasingly tap partnerships across industries to expand their audiences....

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BNPL May Boost Subscription Loyalty, Help Merchants Avoid Discounts 
BNPL May Boost Subscription Loyalty, Help Merchants Avoid Discounts 
November 29, 2023  |  Subscriptions

For retailers, the benefits of subscription models lie in building brand loyalty, as recurring purchases can lead to predictable top-line growth. To that end, and...

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BBC Launches Global Podcast Subscription Service as Streaming Transforms Broadcasting
BBC Launches Global Podcast Subscription Service as Streaming Transforms Broadcasting
November 28, 2023  |  Subscriptions

As streaming changes how consumers get their audio content, the BBC is expanding its subscription offerings around the world. According to The Hollywood Reporter, the United...

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Snapchat Reportedly Joins Social Media Companies Testing Ad-Free Subscription Tiers
Snapchat Reportedly Joins Social Media Companies Testing Ad-Free Subscription Tiers
November 27, 2023  |  Subscriptions

As social media companies push for new ways to monetize their user bases, Snapchat is becoming the latest to test ad-free subscriptions to drive recurring...

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Nuuly Turns First Profit Via Diverse Assortment and Logistical Advantages
Nuuly Turns First Profit Via Diverse Assortment and Logistical Advantages
November 21, 2023  |  Subscriptions

Urban Outfitters’ clothing rental service, Nuuly, has turned its first profit. The achievement of this milestone comes as a result of a growing subscriber base...

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