The sharing economy has rapidly expanded in the U.S., but even the most popular innovations fall out of favor if they do not keep customers satisfied. The market’s players have taken this to heart, tapping subscription-based strategies to solidify customer loyalty, boost revenues and maintain...
Complex payment plans and hidden processing fees on content sharing platforms can send subscribers looking for services elsewhere — something Patreon learned the hard way when it attempted to revise its fee structure. In the latest Subscription Commerce Tracker, Wyatt Jenkins, senior vice president of...
Two of the most compelling and fastest-growing sectors in the business landscape in recent years are the subscription model and the sharing economy. Similar consumer and demographic trends fuel the growth in both areas. They tap into consumers’ need for convenience, flexibility and affordability...
Haus, an eCommerce startup that creates, bottles and ships apéritifs directly to consumers, announced a $4.5 million seed round and launched a membership program on Thursday (Jan. 30), according to a press release. It’s currently free to join the Haus Membership club, which gives members...
Helios and Matheson Analytics, the parent company of MoviePass, said on Wednesday (Jan. 29) that both companies and their affiliates have filed for Chapter 7 bankruptcy. In a filing with the Securities and Exchange Commission (SEC), the company, which shuttered MoviePass in September, indicated that...
It’s not too far-fetched to say that one day soon, perhaps, much of our lives as consumers will run on subscriptions. Growing in scope and power, eCommerce promises to bring more subscription retail and services into our daily lives. It’s not just streaming media, or...
The subscription eCommerce market is a favorite among consumers and businesses, growing more than 100 percent annually for the past five years. Subscription’s promises of recurring revenue streams for companies and convenience for customers offer powerful benefits, but an unwelcome group is also subscribing to...
While studying at the University of California, San Diego, Daniel Farahdel studied abroad in Seoul, South Korea, and he noticed that socks were trending — and it seemed like everyone around him would show off their colorful socks. The experience inspired him to start THREADJAR...
When Jeff Borack received a membership to a whiskey tasting club as a gift, he was inspired to start his own venture. He first considered starting a new whiskey tasting club, but he was turned off by the many challenging legal issues around repackaging whiskey...
