As subscription merchants look to drive loyalty and combat churn, Monterey, California’s Switch Bakery is seeing its Bread Club build long-term relationships with customers by meeting their demand for flexible plans. In an interview with PYMNTS, Joshua Bradley, co-founder of the bakery, explained how this bread subscription...
Twitch is reducing the payouts for streamers from its partnership with Amazon Prime, a move that comes as creator platforms retool their offerings amid growing competition. The streaming service announced in a blog post Wednesday (Jan. 24) that it is changing its streamer payment model...
As hardware and software companies alike look to drive recurring, reliable revenue, HP CEO Enrique Lores aims to make printing a subscription-based service. But it is unclear whether consumers are willing to shell out every month for something they are doing less and less. Lores...
Buy now, pay later (BNPL) firm Klarna is getting into the subscription commerce business. The Swedish FinTech on Wednesday announced the launch of Klarna Plus, a $7.99 per month program that lets customers in the U.S. avoid service fees, earn rewards points and get discounts...
As subscription models become the norm across all aspects of consumers’ day-to-day routines, recurring payments are becoming core to people’s work lives. Coworking app Groove launched its subscription program Tuesday (Jan. 23), for instance, offering on-demand, one-hour collaborative sessions for $18 per month or $120...
With consumers increasingly getting their audio broadcasting from subscription platforms, Audacy is looking to streaming in its bankruptcy recovery. As Inside Radio reported Monday (Jan. 22), the internet radio and podcast giant, as part of its plans to bounce back from its Chapter 11 bankruptcy filing...
As gaming consoles and game developers alike compete for consumers’ recurring spending, Fortnite parent company Epic Games is reportedly looking into launching its own subscription service. According to Game Rant, a new leak shows that the video game and software developer and publisher may soon announce...
As consumers increasingly expect seamless convenience across all their daily routines, health and wellness services are increasingly relying on subscription models. In an interview with PYMNTS, Shane McCarthy, senior vice president of digital and marketing at strength training company Solidcore, noted that the wellness industry is...
Brands trying to target high-income consumers may want to look to auto-fill subscription models. By the Numbers The PYMNTS Intelligence report “The Replenish Economy: A Household Supply Deep Dive” drew from a survey of more than 2,000 U.S. consumers in September to better understand their...
