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).

Winc Sinks Into Bankruptcy as Taste for Wine Subscriptions Sours

Winc Sinks Into Bankruptcy as Taste for Wine Subscriptions Sours
Winc Sinks Into Bankruptcy as Taste for Wine Subscriptions Sours
December 04, 2022  |  Subscriptions

You might have thought that an online wine club would be impervious to consumers’ belt-tightening. News came last week that Winc filed for Chapter 11...

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Average Retail Subscription Rate Down 40% From Oct ’21 Peak
Average Retail Subscription Rate Down 40% From Oct ’21 Peak
December 01, 2022  |  Subscriptions

Price hikes and belt-tightening are an unhappy combination for retail subscriptions, causing cutbacks to deepen. That’s a key finding, among others, in the new “Subscription...

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Health and Wellness Options Increase as Brits Gift Subscriptions This Holiday Season
Health and Wellness Options Increase as Brits Gift Subscriptions This Holiday Season
November 27, 2022  |  Subscriptions

As noted in the November edition of the PYMNTS Subscription Commerce Tracker, nearly two-thirds of U.K. consumers plan to reevaluate their subscriptions in the next...

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Best Buy Says Customers Lack Urgency But Are Hungry for Joy 
Best Buy Says Customers Lack Urgency But Are Hungry for Joy 
November 22, 2022  |  Retail

Fighting a highly promotional environment for consumer electronics, Best Buy sees holiday shopping patterns this year returning to some pre-pandemic norms. Reviewing FY23 third quarter financials on...

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Streaming Subscriptions From Apple, Samsung and Xbox Will Test Cancel Trend
Streaming Subscriptions From Apple, Samsung and Xbox Will Test Cancel Trend
November 17, 2022  |  Subscriptions

Amid a broader trend of consumers trimming retail box subscriptions, streaming entertainment looks to be a defiant holdout. Not only has it held onto the...

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Subscriptions Front and Center of Consumers’ Essential Non-Essential Debate
Subscriptions Front and Center of Consumers’ Essential Non-Essential Debate
November 16, 2022  |  Subscriptions

Inflation is changing consumer behavior — and not just in terms of shoppers looking for bargains. Many consumers are on the verge of eliminating subscriptions...

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Spotify Rolls Out Payment Options With Google
Spotify Rolls Out Payment Options With Google
November 13, 2022  |  Payment Methods

Spotify and Google have begun testing user choice billing (UCB), a tool that lets users of the audio streaming platform subscribe and make purchases with...

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Musk: Twitter Blue ‘Probably’ Returning Within a Week
Musk: Twitter Blue ‘Probably’ Returning Within a Week
November 13, 2022  |  Subscriptions

Twitter Blue’s hiatus will be a short one, the platform’s CEO said, as the social media program looks to the subscription service to rescue it...

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