subscriptions

The subscription business model is a business model in which a customer must pay a recurring price at regular intervals for access to a product. The model was pioneered by publishers of books and periodicals in the 17th century, and is now used by many businesses and websites.

Source: en.wikipedia.org

Is Rent the Runway Struggling or Strategically Recalibrating? 
Is Rent the Runway Struggling or Strategically Recalibrating? 
January 11, 2024  |  Retail

Rent the Runway, a fashion rental company, has undergone adjustments, including a 10% reduction in its corporate workforce. However, the question arises: Is this indicative...

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High-Value Subscribers Turn to Auto-Fill Options for Their Shopping
High-Value Subscribers Turn to Auto-Fill Options for Their Shopping
January 10, 2024  |  Subscriptions

Auto-fill services enable merchants to reach the highest-value subscribers, driving long-term revenue. By the Numbers Supplemental research from PYMNTS Intelligence’s report “The Replenish Economy: A...

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Cocktails by Subscription as Alcohol Brands Tap Recurring Payments
Cocktails by Subscription as Alcohol Brands Tap Recurring Payments
January 10, 2024  |  Subscriptions

Barsys and ReserveBar are launching a personalized cocktail subscription service, as more alcoholic beverage memberships emerge as part of the industry’s slow digital transformation. Barsys,...

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Coffee Subscriptions Can Yield Double-Digit Transaction Growth for QSRs
Coffee Subscriptions Can Yield Double-Digit Transaction Growth for QSRs
January 10, 2024  |  Subscriptions

As more coffee shop chains try out beverage subscriptions to boost traffic, new data suggests that these programs can drive significant increases in customer frequency....

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Half of Loyal Customers Have Multiple Subscriptions, Data Shows
Half of Loyal Customers Have Multiple Subscriptions, Data Shows
January 10, 2024  |  Subscriptions

Retail product subscribers’ spending patterns and demographics can vary significantly, and understanding these dynamics can aid providers in minimizing churn and targeting the most valuable...

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Rent the Runway Cuts 10% of Corporate Staff 
Rent the Runway Cuts 10% of Corporate Staff 
January 09, 2024  |  Retail

With subscriber growth slowing, fashion rental firm Rent the Runway has begun cutting staff. The company plans to let go of about 10% of its corporate employees, it...

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Top Subscription Merchants Know the Value of Social Media
Top Subscription Merchants Know the Value of Social Media
January 08, 2024  |  Subscriptions

The most successful retail subscription companies see the value of tapping into social media apps’ wide audiences, while underperformers tend to abstain from these platforms....

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Dating Apps Target ‘Dating Sunday’ Boom to Push Paid Plans
Dating Apps Target ‘Dating Sunday’ Boom to Push Paid Plans
January 08, 2024  |  Subscriptions

With consumers following up on their New Year’s resolutions to get out there, dating apps are looking to seize on the start-of-year boom to drive...

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BNPL Sways 1 in 5 Subscribers Eyeing Post-Introductory Discount Cancellations
BNPL Sways 1 in 5 Subscribers Eyeing Post-Introductory Discount Cancellations
January 08, 2024  |  Subscriptions

Buy now, pay later (BNPL) has quickly become the preferred choice for consumers, particularly millennials. In fact, nearly 40% of millennials have utilized BNPL in...

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